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Hartsville Mall 801-825 S 5th St 124,232 SF 100% Leased Retail Building Hartsville, SC 29550 $3,975,000 ($32.00/SF) 9.84% Cap Rate



INVESTMENT HIGHLIGHTS
- Stabilized, High-Yield Asset: Anchored by Roses Discount Store (operating since 1971) and Harbor Freight Tools
- Home to Sonoco’s global headquarters, Coker University, and the South Carolina Governor’s School for Science and Math
- WALT 4.43 Years; 100% Occupancy
- Significant Value-Add Potential w/ current rents for major tenants priced well below market at $4.92 PSF, offering investors meaningful upside
- Recent capital improvements include multiple roof upgrades (Roses roof replaced in 2021) and HVAC modernization with five units replaced in 2024/2025
- 10.9 AC on Two Major Corridors
EXECUTIVE SUMMARY
Anchored by Roses Discount Store—operating at this location since 1971—and Harbor Freight Tools, the center benefits from long-term tenant stability and consistent customer traffic. These anchors are well-aligned with the demographic profile of the region and contribute to the property’s durable income stream. The site’s location along major arterial roadways further enhances its visibility, accessibility, and long-term desirability for both tenants and investors.
With its combination of established national tenancy, strong in-place income, and irreplaceable positioning within Hartsville’s retail landscape, Hartsville Mall offers investors the opportunity to acquire a reliable, income-producing asset in a growing and economically resilient market.
DATA ROOM Click Here to Access
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
Roses has been making the things customers need and want in life accessible. By always offering quality items at low price, their customers don’t have to chase down clearance sales or coupons constantly. They understand that customers work hard for their money and they have worked hard to build their reputation as the local, no-frills, marketplace for quality, name-brand items for everyone. They know and believe that customers deserve a place to find all they need and want in one convenient location.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | 99,999 SF | - | - | ||
|
Retailer | 99,999 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 056-15-01-065 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $162,420 |
PROPERTY TAXES
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Hartsville Mall | 801-825 S 5th St
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