615 HARRY C RAYSOR DR St Matthews SC 29135-1486

•The Premier Retail Asset of St. Matthews, SC

•The only grocery store in a 25-minute drive radius

•Only grocery operator offering fresh produce and full deli sections within the trade area

•Located on Hwy 601 which connects St. Matthews to I-26

•The most heavily traveled road in the market

•Anchored by Piggly Wiggly grocery store with potential term through 2039

•96% occupied

•Upside

•One small shop vacancy

•No tenants have more than 4 years left in their base term

•Minimal slippage

•All in-place tenants fully reimburse

•Priced below replacement costs, $87psf

• St. Matthews Shopping Center is Calhoun County's leading retail center with the region's foremost mix of regional and local retailers
• The region's only grocery anchored shopping center
• Only grocery store in a 25 minute drive radius
• 9 years remaining on Piggly Wiggly's initial 10 year term
• Only grocery operator offering fresh produce and full deli sections in the trade area
• Center is adjacent to freestanding Family Dollar providing the most extensive retail synergy within the trade area
  

• 9.25% Cap Rate
• Well below replacement cost at $68.93psf
• 87% occupied
• 2 vacancies (1,247sf and 2,454sf)