1522 Meeting Blvd - Department Store FOR SALE


Rock Hill, SC 29730
$8,504,344 USD
626-633-6397
1522 Meeting Blvd, Rock Hill, SC for Sale
$8,504,344 USD
Department Store - FOR SALE
1/5
null | 7.25% Cap Rate

1522 Meeting Blvd
Rock Hill, SC 29730


HIGHLIGHTS

  • Kohl’s Recently Underwent a $500k Sephora integration Buildout - Over 18 years of Operating History at Location
  • Strategically Positioned next to The Rock Hill Galleria - Over 4M Visitors Annually
  • Nearby Retailers Include Walmart Supercenter, Lowe’s, Target, Sam’s Club, Food Lion, Academy Sports, Boot Barn and Many Others
  • Demographics – Over 322k Residents within 10-Mile Radius
  • Average Household Income Exceeding $125k within 10-Mile Radius

OVERVIEW

Kohl's is parceled separately and available for sale individually. The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire a Hobby Lobby & Kohl’s anchored shopping center in Rock Hill, SC (Charlotte MSA). Located right in the heart of the Rock Hill retail and auto dealership trade area, which includes The Rock Hill Galleria, Walmart, Lowe’s, Food Lion, and many others. This immediate trade area attracts over 15M annual visitors. The subject property, Hobby Lobby, ranks in the top 15% nationally, while Kohl’s recently made a strong commitment to the location through its Sephora buildout and an early lease extension. This property includes and is surrounded by a number of tenants which consistently rank in the top percentile for the State, while located just outside of Charlotte, one of the fastest growing cities in the Nation. This well-located property proves to maintain high visibility amongst the “who’s who” of retailers in a rapidly growing market while maintaining minimal landlord responsibility with the benefits of a multi-tenant asset.

FOR SALE DETAILS

PRICE

$8,504,344 USD

PRICE/SF

$124 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kohl's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

523

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-4: Commercial

APN/PARCEL ID

6610101120,6670101118,6670101120

ASK ABOUT THIS PROPERTY

Cameron DuffyColliersMore Info
626-633-6397

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cameron DuffyColliersMore Info
626-633-6397

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.