Grocery-Anchored Shopping Center
205 Radford Boulevard, Dillon, SC
For Sale
Retail
Grocery Anchored/Community Center
$3,457,168
Price
7%
Cap Rate
$242,001.79
NOI
Overview
Cap Rate
7%
NOI
$242,001.79
Building Size
41,560 sqft
Lot Area
4.2 acres
Occupancy
100%
Class
B
Year Built
1986
Tenancy
Multiple
Description
The Twist Capital Team of Colliers is pleased to offer for sale to qualified investors the opportunity to acquire this Food Lion-anchored center located in Dillon, SC.
The property is a well-established Food Lion supermarket in a prime location within the community, with easy accessibility and visibility. The property includes a 35,560 sf Food Lion and 6,000 sf of additional retail space, which is currently 100% occupied, presenting a lucrative opportunity for sustained growth and profitability.
Highlights
- Well-established Food Lion location anchors the center with a long-term lease and extension options providing income stability
- Food Lion ranks in the top 96% in the State of South Carolina and 94% nationally in terms of foot traffic
- Strong tenant history with average occupancy exceeding 20 years
- Existing waiting list for inline stores provides potential for future growth with minimal down time
- Located immediately off I-95 at the Radford Blvd interchange in a high-traffic retail corridor
- New roof and parking lot (2021)
Documents
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Food_Lion_Dillon_SC_Rev_OM.pdf
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