Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1986
Building Area
Occupancy 97.0 %

Property Description

Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Lancer Center (“the Property” or “the Center”), a 178,626 SF super regional grocery-anchored center which includes tenants Bi-Lo, Badcock Furniture, Big Lots!, and Harbor Freight Tools. The 97% occupied Property is located in Lancaster, SC, a historic city situated less than an hour drive from Charlotte, NC. Residing on Highway 9 Bypass W, Lancaster’s retail thoroughfare, the Property benefits from an average of roughly 13,500 VPD (“Vehicles per Day”). Lancer Center is an attractive shopping center located just a 5-minute drive from Downtown Lancaster and directly next to University of South Carolina - Lancaster, which has an enrollment of 1,600 students. Additionally, the Property resides near the headquarters of some major companies, including Continental Tires (600+ employees), Movement Mortgage (725+ employees), and Red Ventures (3,600+ employees). This offering is a great opportunity to own a stabilized asset in an expanding market with excellent retail fundamentals and employment drivers.

Investment Highlights

GROCERY-ANCHORED SUPER REGIONAL SHOPPING CENTER - Lancer Center
Thomas Kolarczyk
Thomas Kolarczyk
Senior Director, Capital Markets
License details
NC-276931
Ryan Eklund
Ryan Eklund
Director, Capital Markets
License details
NC-286222 SC-115530

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.