REO | Anderson Mall - Regional Mall Opportunity

Investment Highlights

• Anderson Mall is the only regional mall within a 35-mile radius, making it home to a trade area of over 400,000 shoppers.
• Rare opportunity to acquire a regional mall with substantial value-add opportunity through the lease-up of the dark anchor box and in-line space with non-traditional retail uses.
• Low living and business costs make Anderson an attractive landing spot for both families and businesses alike.
• Well situated in the Upstate region with excellent accessibility along the Interstate-85 corridor, one of the heaviest traveled highways in the southeast.
• Anderson and the larger Upstate region have a thriving business climate, with major industries including manufacturers of automotive products, metal products, industrial machinery, plastics, publishing, and textiles.
• Numerous tenants feature exterior entrances, a strategic design that will facilitate the Mall’s long-term repositioning.

The Offering

Newmark and RealINSIGHT Marketplace are pleased to present to qualified investors the opportunity to acquire Anderson Mall, a strategically located regional mall in Anderson, South Carolina.  Anderson Mall consists of approximately 670,640 square feet of gross leasable area, of which 315,442 SF of gross leasable area is owned and included in this offering (the "Property"). The offering represents a unique opportunity to acquire an established asset with numerous avenues of value enhancement.

The Property is located on the heavily trafficked interstate 85, approximately 127 miles north of Atlanta, Georgia and 132 miles south of Charlotte, North Carolina, and is the only regional mall within a 35-mile radius - making it home to a trade area of over 400,000 shoppers.  Anderson Mall is anchored by Belk (134,639 SF, unowned), Dillard’s (126,215 SF, Unowned) and JCPenney (125,020 SF), and is complemented by a well-curated mix of national and regional retailers including American Eagle, Bath & Body Works, Books-A-Million and Hibbett Sports. The Property serves as the retail hub, surrounded by strong national retailers including Best Buy, Home Depot, Kohl’s, Lowe’s, Target and Walmart.

Property Tours

Please contact the Newmark team to arrange your tour.