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- LoopNet Team
415-433 E Main St
Andrews, SC 29510
Food Lion - New 10-year lease · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 415-433 E MAIN ST , ANDREWS, SC 29510
Marcus & Millichap is pleased to exclusively offer this Food Lion and Family Dollar Anchored center in Andrews, South Carolina. This represents a rare opportunity to purchase a dominant grocer in the market. The property, constructed in 1996, is Anchored by Food Lion (Delhaize America) and Family Dollar. The leases have a corporate guarantee with investment grade tenants. Located in the same shopping center (Grant's Crossing) there is CVS/pharmacy and a McDonald's Restaurant that (NAP) help make this center a destination for local shoppers. Store sales for Food Lion have consistently been over $300 per square foot. Rent as a percentage of sales is a favorable 2.27 percent. The next Family Dollar Store is more than 15 miles away and there is one other dollar store located in Andrews, South Carolina. Family Dollar has operated at this location for the last 20-years. The property is located on West Main Street, which serves as the primary retail corridor for Andrews. Due to the above facts this property is a very solid investment which serves all the necessity based needs of Andrews residents.
PROPERTY TAXES
| Parcel Number | 06-0008-054-03-00 | Improvements Assessment | $119,270 |
| Land Assessment | $30,000 | Total Assessment | $149,270 |
PROPERTY TAXES
