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763 Highway 28 Byp
Abbeville, SC 29620
Abbeville Shopping Center · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Anchored by logistics and healthcare tenants with long-term occupancy
  • Gross lease structure with built-in 3.35% annual rent increases
  • Located near downtown Abbeville and major regional employers
  • Positioned at a lighted intersection with strong visibility
  • Offered at a competitive price per square foot for the market

EXECUTIVE SUMMARY

Positioned at a signalized intersection along a key commercial corridor, 763 Hwy 28 Bypass offers a compelling investment opportunity in the heart of Abbeville, South Carolina. This ±60,972 SF multi-tenant flex/retail center spans ±7.4 acres and is anchored by two established tenants: KCS Logistics, occupying ±53,600 SF, and Abbeville Hospital System, occupying ±7,372 SF. The property is offered at $1,350,000, equating to just $22.14 per square foot, with a gross lease structure that delivers predictable income and 3.35% annual escalations.
The asset’s location provides excellent visibility and accessibility, benefiting from consistent traffic flow and proximity to downtown Abbeville, the DMV, and regional employers such as Flexible Technologies and Prysmian Group. The surrounding area supports a mix of industrial, healthcare, and retail uses, reinforcing long-term tenant demand and stability.
With a gross lease income stream starting at $160,800 in Year 1 and increasing to $172,200 by Year 3, this property offers immediate cash flow with built-in growth. Its flexible layout and large site footprint also present future repositioning or redevelopment potential. Whether you're seeking a stabilized asset with upside or a strategic foothold in a growing Upstate South Carolina market, this property delivers on both fronts.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
60,972 SF
Building Class
B
Year Built
1978
Price
$1,350,000
Price Per SF
$22.14
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
7.40 AC
Opportunity Zone
Yes
Parking
400 Spaces (6.56 Spaces per 1,000 SF Leased)

AMENITIES

  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-00-00-178
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$32,300
  • Listing ID: 34098128

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 763 Highway 28 Byp, Abbeville, SC 29620

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