3975-3985 Platt Springs Rd
West Columbia, SC 29170
Three Fountains Plaza · Retail Property For Sale

Marketplace by Real Insight and Cushman & Wakefield are pleased to present the opportunity to acquire Three Fountains Plaza, an 80% occupied grocery-anchored shopping center with 41,516 SF of leasable space located in Columbia, SC, approximately 8 miles from the central business district. The center is anchored by Food Lion, a subsidiary of Ahold Delhaize, which has over 1,100 supermarkets in 10 states in the Southeastern United States. This asset offers an investor the opportunity to acquire an institutionally maintained retail center that is well positioned in a heavily populated and growing Columbia submarket. The shopping center consists of one single-story building constructed in 1986 on 4.08 acres of land at the corner of Platt Springs Rd (11,000 VPD) and Emanuel Church Rd (13,000 VPD). Three Fountains Plaza offers excellent visibility and easy access from both roads and is surrounded by a population of over 76,000 people in a 5-mile radius. The population in the one-mile radius has grown 8% over the past five years and is projected to grow an additional 7% by 2020. Three Fountains Plaza is located within the Columbia, South Carolina metropolitan statistical area. As South Carolina' s capital city, Columbia is a growing, centrally located city with a population approaching 800,000. Columbia is the primary city of the Midlands region in South Carolina and boasts strong infrastructure, higher education, diversified industry, and a 19% population growth rate since 1990, one of the highest MSA population growth rates in the southeast.