Retail•Strip Center•For Sale

Sunset Court - Sale

2265 Sunset Blvd , West Columbia, South Carolina 29169

Sale Price $2,650,000
Sale Type Investment
Bldg Type Multi-Tenant
Year Built 1961
Year Renovated 1980
Vacancy 59%
Gross Bldg 54,259 SqFt
Land Area 6.47 Acres
Market West Columbia
54,000 SF Strip Center located on highly trafficked Sunset Boulevard. Retail building with a 20,000 SF anchor space and office personal services annex building. Due to major leasing activity we have extended the Call for Offers to March 31, 2020. Sunset Court is located 1/4 mile East of Interstate 26 and the Lexington County Hospital. Sunset Blvd, is one of the two commuter corridors between Columbia and Lexington. Lexington is the largest and fastest growing suburb in the Columbia area. The immediate area is comprised of the retail strip with mostly fast food and the hospital employment center surrounded by both old and new residential areas with significant infill development.
  • • The existing tenants include a popular Thai restaurant, a branch location of the oldest and most successful deli in the Columbia area and a well recognized karate studio.
  • • Center is located 1⁄4 mile east of the interchange on I-26. The Lexington County Hospital complex with associated medical office buildings, a major traffic and employment generator, is located at the NWQ of the interchange.
  • • Significant value can be added if the 20,000 SF anchor space is divided into smaller spaces and the additional vacant units are leased up to increase revenue.
  • • Average in place rent is $8.40 psf, offering tremendous upside and additional value.
  • • Aligning the entrance with the existing traffic signal will improve accessibility and traffic flow from Sunset Boulevard.
1/28/2020 8:40:34 PM 4/7/2020 1:43:07 PM
C. Brent Chitwood
Managing Director
SVN | BlackStream
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