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5318, 5322, 5366 Sunset BoulevardLexington, SC 29072
Lexington Marketplace
Asset ClassRetail, Healthcare Facility
Deal Size$32.25 M
Occupancy: 100%Square Feet: 129,616Land: 24 AcresAccess Data Room
LEXINGTON MARKETPLACE
overview of deal

Overview

Lexington Marketplace is a Community Shopping Center with a diverse mix of national and local retailers alongside a regional medical provider. In addition to existing improvements totaling more than 129,000 SF, the property includes one remaining buildable pad. Located along the rapidly expanding Sunset Blvd (US 378), Lexington Marketplace is strategically positioned to service the growing Lexington submarket.

 

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Investment Highlights

Square Feet
129,616
% Leased
100%
Year Built
2017
Parking Spaces
570 Spaces
Weighted Average Lease Term
7.58 Years
Net Operating Income
$2.13 Million

STABILIZATION

Lexington Marketplace is a fully leased shopping center boasting steady cash flow, long-term tenants, with less susceptibility to market fluctuations.

 

LOCATION, LOCATION, LOCATION

The Sunset Boulevard location drives customer traffic, enhances tenant demand, and offers long-term value growth.

 

QUALITY, DIVERSE TENANT MIX

A quality tenant mix continues to play a vital role in maximizing the success of Lexington Marketplace.

 

VALUE ADD OPPORTUNITY

The property includes a pad-ready site within the shopping center that can accommodate an additional +/-10,000 SF of retail/medical.

Tenant Roster

Tenant
Square Footage
5322, Suite A
Burlington Coat Factory
22,495 SF
5322, Suite B
Hobby Lobby
55,000 SF
5336, Suite A
Prisma Health
21,400 SF
5336, Suite B
Ulta
10,010 SF
5336, Suite C
Smoothie King
1,400 SF
5336, Suite D
Aiden Lane
1,850 SF
5336, Suite E
Nothing Bundt Cakes
2,000 SF
5318, Suite A
Sweet Frogs
1,528 SF
5318, Suite A-1
Nuology
1,983 SF
5318, Suite B
Brain Balance
2,800 SF
5318, Suite D
Luxx Nail Spa
1,400 SF
5318, Suite E
Mod Pizza
2,500 SF
5318, Suite F+G
Fit Body
2,800 SF
5318, Suite H
Showmars
2,450 SF
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5318, 5322, 5366 Sunset BoulevardLexington, SC 29072

Pintail

David Sigmon, CCIM, SIORPartner | Broker8644308060david@pintailcre.com
Matt Vanvick, CCIM, SIORPartner | Broker8644147005matt@pintailcre.com
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Listing provided by Revere CRE