Tours held by appointment on Thursday, May 30, 2024. Please contact listing broker, Brent Hadden, to schedule.
Investment Highlights
Former Piggy Wiggly anchored center
Potential Outparcel Development with frontage on Main Street
Located in the heart of Marion’s Main Commercial Corridor
Significant Upside through Lease Up with 28,000sf of vacancy
Vacancy can be divided to accommodate tenants with varying space requirements
Excellent Visibility and Ample Parking
Below replacement cost
Offering Summary
Palomar Real Estate Group, in conjunction with Real Insight Marketplace, present for sale a value-add redevelopment opportunity. The property is in a market situated approximately 43 miles northwest of Myrtle Beach which attracts an impressive 19 million visitors annually. Notably, the Food Lion located on Main Street stands as the sole Food Lion store within a radius of over 20 miles. Main Street hosts various national retailers, including Dollar General, CVS Pharmacy, Family Dollar, Wendy’s, and more. In terms of demographics, the area boasts a 1-mile household income of $54,518 and a population of 28,237 within a 10-mile radius. Benefiting from quick access to I-95, the location offers convenience and accessibility. Positioned within a great neighborhood location, the asset enjoys excellent ingress and egress from Main Street and Luther Rogers Rd.
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Platform Fee
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.