OFFERING SUMMARY

The Shops of Forest Acres are a newly-constructed retail center located in Columbia, North Carolina. The 9,047-square-foot shopping center includes 4 national and regional tenants and 1 available suite.

SUBMARKET OVERVIEW

This unique infill development is located in the heart of the City of Forest Acres, which is located within the city of Columbia, South Carolina. Forest Acres was incorporated in part to encourage the residential qualities of imparting a small town feel in urban surroundings. With its schools, convenient shopping and its centralized position within Columbia, it is easy to understand why it is a coveted area for many neighborhood and specialty retailers.

A major redevelopment for Richland Mall is being planned that will transform the site into a mixed-use project containing a considerable residential component. Across Valley Road from the Property is The Cloister, an eleven unit gated town home project under development with asking prices of approximately $650,000. Valley Road also has several other exclusive town home developments.