Walmart Shadow Center

Walmart Shadow Center

141 E Church St
Batesburg-Leesville, SC

Price: $6,620,000
Cap: 7.25%
NOI: $479,841
Building Size: 38,080 SF
Lot Size: 5.81 AC

Investment Highlights

• The property is a 38,080 SF Walmart Supercenter shadow anchored retail center located in the Columbia MSA
• This center has a strong history of tenant performance and is fully stabilized at 100%
• The center includes a complementary mix of e-commerce resistant tenants with uses such as medical, service, restaurant, liquor store, & more
• National Brands include Dollar Tree, CATO, Hibbett Sports, World Finance, OneMain Financial, H&R Block, Great Clips, & Regional Finance
• The center is shadow anchored by a high-performing Walmart since 2002 | Walmart owns the Walmart

• 71% of the GLA is original tenants that have been in occupancy since 2007
• Average Tenant Tenure | 12.40 Years
• Leasing Momentum | Each tenant has executed at least 1 option to extend its lease since 2019

• This shopping center sees 1.7M Annual Visits
• Being the only anchored shopping center in town, this center has virtually no competition and is the #1 visited retail center in a 15-mile radius
• Center pulls from a 30-Mile Trade Area

• Batesburg-Leesville is a town in Lexington and Saluda counties & is 36 miles west of Columbia, SC
• The town's economic base is on poultry harvesting driven by two large processing plants: Amick Farms and Columbia Farms. These assist in making Lexington County the top poultry producer in the state.
• The South Carolina Poultry Festival (formerly the Ridge Poultry Festival) has been held on the second Saturday in May since 1987. The festival features live music, food vendors, craft vendors, a carnival, a parade, and to conclude the event a cake auction and fireworks show
• Columbia is the capital and largest city in the state of South Carolina with a population of over 800,000.
• Columbia’s airport serves 1.5 million passengers a year with flights to all major East Coast Markets.
•14 Fortune 500 Companies contribute to Columbia’s $31.97 Billion GDP.
• Columbia is home to the University of South Carolina with a 30,000-student enrollment.
• Columbia is home to Fort Jackson, the largest and most active initial entry training center in the U.S. Army which trains 60,000 soldiers annually

Zach Taylor
Eric Abbott

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.

Principal or Broker?