Chestnut Village
Orangeburg, SC | 100% Leased | 134,153 SqFt
Marketing description
Chestnut Village is a 134,153 SF anchored retail center located on Chestnut Street at the heart of Orangeburg's primary retail corridor. The center fronts Chestnut Street (23,700 VPD).
The property is 100% occupied by a diverse tenant roster including Planet Fitness, Ollie's Bargain Outlet, Bealls, Octapharma Plasma, City Gear, Hair Depot, Wingstop, and Jersey Mike's. Three leases were executed in 2025 (Hair Depot, Wingstop, and Jersey Mike's), each on 10-year terms through 2035, demonstrating active current leasing demand for the center and minimizing near-term TI/leasing capital for a buyer.
The center draws 1.1M visits over the past twelve months, up 41.5% year-over-year, 63.6% over two years, and 73.9% over three years. The Chestnut Village City Gear is the highest-trafficked location in the state and ranks 6th of 115 City Gear stores nationwide for foot traffic.
Investment highlights
- SURGING FOOT TRAFFIC - Chestnut Village drew 1.1M visits over the past twelve months, up 41.5% year-over-year, 63.6% over two years, and 73.9% over three. The center draws 152K unique visitors who stay an average of 47 minutes, per Placer.ai. Planet Fitness alone sees 340K visits annually, up 18.4% YoY, while Bealls and Ollie's grew 22.9% and 7.9% on a two-year basis.
- PRIMARY RETAIL CORRIDOR AND NEW ECONOMIC DRIVERS - Chestnut Village fronts Chestnut Street (23,700 VPD) at the heart of Orangeburg's primary retail section. The dense national-retail concentration drives consistent cross-shopping traffic across the site. Also, Ferrara Candy Company announced a $675M investment in April 2026 to build a 750,000 SF campus in Orangeburg County, creating 1,000 new jobs with first production online in Q1 2029. The project ranks among the largest capital investments in county history.
- RECENT LEASING MOMENTUM - Three leases were executed in 2025: Hair Depot, Wingstop, and Jersey Mike's. The activity demonstrates current, active demand for space at the center and leaves incoming ownership with little near-term TI or leasing risk.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
