Listed by Landmark Commercial Real Estate Services
$8,000,000
Greenville Shopping Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 95,054
Units 4
Cap Rate 6.55%
NOI $523,323
Occupancy 100%
Tenancy Multi
Brand/Tenant Hobby Lobby, Marshalls
Price per SqFt $84
Year Built 1995
Year Renovated 2020
Buildings 1
Stories 1
Acreage 12.070
Hobby Lobby/Marshalls Anchored Center | Below Market Rents
Marketing description
Landmark Investment Sales is pleased to offer this institutional-quality retail center featuring a lineup of best-in-class, nationally sought-after retailers, including Hobby Lobby, Marshalls (NYSE: TJX), Five Below (NASDAQ: FIVE), and Shoe Show, all operating under long-term leases. The property benefits from below-market rents with scheduled increases over the next 4–5 years, creating meaningful embedded NOI growth. Developed in 2020 with no near-term CapEx required, the asset is strategically positioned within Greenville’s dominant retail corridor, surrounded by top national anchors and supported by $89,115 Average Household Income within a 5-mile radius.
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$523,323.00
$43,610.25/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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