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Hobby Lobby & Kohl’s 2 Retail Properties Offered at $14,825,000 in Rock Hill, SC
INVESTMENT HIGHLIGHTS
- 100% Occupied Multi-Tenant Retail Center – Rock Hill, SC (Charlotte MSA)
- 96% of GLA comes from Hobby Lobby & Kohl’s with WALT of 8.25 Years
- Kohl’s Recently Underwent a $500k Sephora integration Buildout - Over 18 years of Operating History at Location
- Strong Mix of National Tenants – Hobby Lobby | Kohl’s | Plato’s Closet
- Hobby Lobby Ranking Top 15% Nationally (Placer.ai) - Over 18 years of Operating History at Location
- Strategically Positioned next to The Rock Hill Galleria - Over 4M Visitors Annually
EXECUTIVE SUMMARY
The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire a Hobby Lobby & Kohl’s anchored shopping center in Rock Hill, SC (Charlotte MSA). Located right in the heart of the Rock Hill retail and auto dealership trade area, which includes The Rock Hill Galleria, Walmart, Lowe’s, Food Lion, and many others. This immediate trade area attracts over 15M annual visitors. The subject property, Hobby Lobby, ranks in the top 15% nationally, while Kohl’s recently made a strong commitment to the location through its Sephora buildout and an early lease extension. This property includes and is surrounded by a number of tenants which consistently rank in the top percentile for the State, while located just outside of Charlotte, one of the fastest growing cities in the Nation. This well-located property proves to maintain high visibility amongst the “who’s who” of retailers in a rapidly growing market while maintaining minimal landlord responsibility with the benefits of a multi-tenant asset.
PROPERTY FACTS
| Price | $14,825,000 | Number of Properties | 2 |
| Price / SF | $112.02 / SF | Individually For Sale | 1 |
| Cap Rate | 7.49% | Total Building Size | 132,343 SF |
| Sale Type | Investment | Total Land Area | 14.07 AC |
| Status | Active |
| Price | $14,825,000 |
| Price / SF | $112.02 / SF |
| Cap Rate | 7.49% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 132,343 SF |
| Total Land Area | 14.07 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Kohl's
1522 Meeting Blvd, Rock Hill, SC 29730 |
Retail | 68,541 SF | 2006 | $7,755,000 |
| 1526-1530 Meeting Blvd, Rock Hill, SC 29730 | Retail | 63,802 SF | 2006 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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Hobby Lobby & Kohl’s
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