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Food Lion Shopping Center

1307 Second Loop Road, Florence, SC 29505

  • For Sale $3,600,000
  • Property Type Retail
  • Property Size 45,450 SF
  • Lot Size 5 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1979
  • Year Renovated 2016
  • Date Updated Feb 03, 2022
Excellent location. Recently renovated in July 2016 with several improvements including a new roof and parking lot Long term stabilized asset – Food Lion has been there since 1979 Value Add opportunity Approximately half an acre outparcel that could be developed or ground leased (valued it at $150K) Strong Retail Location Strong Demographics and Employment - over 70,000 in 5-mile radius
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Location

  • Walk Score ® Car-Dependent (44)
  • Bike Score ® Somewhat Bikeable (44)
Powered by Walk Score ®
  • City Florence, SC
  • Zip Code 29505

Points of Interest

Florence

2.81 miles

Kangaroo Express

1.34 miles

Sam's Club

2.60 miles

Jackie Postons

2.89 miles

Phoenix Mart

3.06 miles

Exxon

3.81 miles

RaceWay

4.07 miles

Shell

4.09 miles

Exxon

4.16 miles

BP

4.53 miles

Citgo

4.54 miles

Lowe's

2.23 miles

Sam's Club

2.53 miles

McLeod

2.63 miles

CVS

3.23 miles

Parking Lot D

7.73 miles

Parking Lot I

7.74 miles

Parking Lot C

7.75 miles

Parking Lot B

7.78 miles

Parking Lot A

7.79 miles

Parking Lot E

7.90 miles

Walmart Neighborhood Market

1.33 miles

Hallmark Square Shopping Center

1.38 miles

ALDI

1.47 miles

Walmart Supercenter

1.66 miles

Harris Teeter

1.67 miles

Ross

1.83 miles

Piggly Wiggly

1.85 miles

Florence Mall

1.85 miles

TJ Maxx

1.90 miles

ALDI

2.47 miles

Contacts

broker

Jesse Long

Birchin Lane Realty Advisors

(843) 408-0858

Highlights

  • Corporately guaranteed lease by Delhaize America, Inc with over 5 years left on the lease
  • Six, 5-year renewal options
  • Long term stabilized asset – Food Lion has been there since 1979
  • Value Add Possible
  • Approximately half an acre parcel that could be potentially be developed (valued it at $150K)
  • Major Corporate Guarantor: Food Lion (NYSE: DEG)
  • Investment Grade Tenant accounts for 64% of Income
  • 2021 Health Ratio of 2.92%
  • 2021 Store Sales - $424/SF ($12.3M)
  • 29.0% Store Sales Increased 2019 to 2020
  • Most recent Landlord and Tenant Renovations completed July 2016 and 2011
  • Strong Demographics and Employment - over 70,000 in 5-mile radius

Frequently Asked Questions

What is the total size of Food Lion Shopping Center?

Food Lion Shopping Center has a total of 45,450 square feet.

What is the year built for Food Lion Shopping Center?

The year built for Food Lion Shopping Center is 1979.

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Contact Listing Broker

broker

Jesse Long

Birchin Lane Realty Advisors

(843) 408-0858

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