Food Lion-Anchored Center
7 Cap | Grocery Anchored Center
Marketing 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 and boasts an existing waiting list presenting a lucrative opportunity for sustained growth and profitability. New Roof and Parking Lot in 2021.
Investment highlights
Well-established Food Lion location anchors the center with a long-term lease with 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 downtime
Located immediately off of I-95 at the Radford Boulevard interchange in a high-traffic retail corridor
New roof and parking lot (2021)
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