Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
David Webb
7043791967 Office
7043791988 Fax
webb@berkeleycap.com
   
Food Lion Plaza

OFFERING SUMMARY

Berkeley Capital Advisors is very pleased to present this offering summary on Food Lion Plaza, a neighborhood-oriented center located in Greenwood, South Carolina. We welcome your review of this attractive investment opportunity.

SUBMARKET OVERVIEW

Traffic Counts: South Main Street: 10,900 VPD US Highway 25: 6,800 VPD Source: SCDOT 2009

Upside in Vacant Space: The center offers upside in 7,128 SF of available space.

Food Lion Relocation: Food Lion moved to its current location from Anderson Plaza, a center northeast of Food Lion Plaza.

Food Lion Dominates Trade Market: There is a lack of grocery anchored centers in the immediate trade area surrounding Food Lion Plaza. The closest grocery store is over 2 miles North, and there are no grocery stores in over ten miles to the South, West, and East of the center.

Excellent Visibility: The center fronts Main Street, one of Greenwood's main corridors.

Stable Investment: Food Lion has a 20 year lease expiring in 2028.

 



OFFERING MEMORANDUM & FILES
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Profiles
Size: 48,466 SF
Occupancy: 85% Leased (Small Shop Space Available)
Market: Greenwood, SC
Year Delivered: 1997
Land Size: 6.01 Acres
Parking Spaces: 325 Spaces
Roof Condition: Original Roof
   
Anchor Tenants Lease Expiration Square Feet
Food Lion 10/28/2028 41,338
   
NET OPERATING INCOME $423,948
   
CAP RATE -
   
OFFERING PRICE Unpriced
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