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517 Radford Blvd
Dillon, SC 29536
Walmart Shadow Center · Retail Property For Sale


Investment Highlights
- Walmart shadow-anchored center with Dollar Tree and Cato as primary tenants.
- Positioned within Dillon’s primary retail node, ranked as the #1 most visited shopping center in the city.
- Opportunity for upside in returns through renewal mark-to-market and strategic leasing strategies; current WALT aligns with near-term growth potential
- Fully leased with a 56% credit tenancy and average tenant tenure exceeding ten years.
- Immediate access to Interstate 95 with daily traffic counts exceeding 40,000 vehicles and significant exposure to regional and visitor traffic.
- Stable tertiary market supported by logistics employment, healthcare, and manufacturing drivers within the Florence regional economy.
Executive Summary
WALMART SHADOW CENTER | 21,600 SF | DILLON, SC
• 21,000 SF fully occupied Walmart shadow center in a stable I-95 corridor market
• Walmart shadow-anchored (Dollar Tree + Cato as primary tenants) with no dark history and strong local performance
• Located within Dillon’s dominant Walmart retail node, the primary daily-needs shopping destination for the surrounding trade area
• Ranked the #1 most visited shopping center in Dillion, SC.
STRONG NATIONAL / REGIONAL TENANT MIX
• Anchored by Dollar Tree and Cato, supported by necessity-oriented inline tenants including Jersey Mike’s, Cricket Wireless, Tokyo Japanese Restaurant, and Envious Nails
• 56% credit tenancy provides stability uncommon for tertiary retail markets
• Average tenant tenure of ~10.9 years demonstrates durable local performance and established consumer draw
PROVEN FOOT-TRAFFIC PERFORMANCE VS NATIONAL PEERS
• Dollar Tree ranks within the top ~80th percentile nationwide
• Cato performs within the top ~75–80th percentile nationwide
• Cricket performs in the top ~85th percentile nationwide
• National chain performance metrics reinforce the center’s position as a dominant necessity retail destination within the Dillon trade area
STABLE INVESTMENT | NEAR-TERM VALUE-ADD OPTIONALITY
• Weighted Average Lease Term: ~2.4 years, creating clear opportunities for renewal mark-to-market and leasing strategy execution
• Conservative underwriting supports ~15%+ potential NOI growth through tenant renewals and strategic re-tenanting
• 100% occupied with no near-term vacancy risk, allowing investors to capture stable income while executing rollover upside
DOMINANT RETAIL POSITIONING WITH I-95 EXPOSURE
• Positioned directly along Radford Boulevard with immediate access to Interstate-95 (~40,000+ VPD) — one of the busiest freight and tourism corridors on the East Coast
• Only Walmart in a 30 mile radius, serving a wide regional trade area with limited competition
• Walmart shadow positioning allows the center to capture both local necessity demand and interstate traveler traffic
STABLE TERTIARY MARKET SUPPORTED BY LOGISTICS & REGIONAL DRAW
• Dillon operates within the Florence regional employment corridor, benefiting from commuter access to major healthcare, manufacturing, and logistics employers
• Key regional drivers include Harbor Freight Distribution Center, McLeod Health Dillon, regional manufacturing users, Interstate-95 logistics employment, plus roadside attractions like South of the Border
• Limited retail competition in the immediate node – The market serves as a regional retail hub for surrounding rural communities, supporting consistent necessity-based consumer spending
• 21,000 SF fully occupied Walmart shadow center in a stable I-95 corridor market
• Walmart shadow-anchored (Dollar Tree + Cato as primary tenants) with no dark history and strong local performance
• Located within Dillon’s dominant Walmart retail node, the primary daily-needs shopping destination for the surrounding trade area
• Ranked the #1 most visited shopping center in Dillion, SC.
STRONG NATIONAL / REGIONAL TENANT MIX
• Anchored by Dollar Tree and Cato, supported by necessity-oriented inline tenants including Jersey Mike’s, Cricket Wireless, Tokyo Japanese Restaurant, and Envious Nails
• 56% credit tenancy provides stability uncommon for tertiary retail markets
• Average tenant tenure of ~10.9 years demonstrates durable local performance and established consumer draw
PROVEN FOOT-TRAFFIC PERFORMANCE VS NATIONAL PEERS
• Dollar Tree ranks within the top ~80th percentile nationwide
• Cato performs within the top ~75–80th percentile nationwide
• Cricket performs in the top ~85th percentile nationwide
• National chain performance metrics reinforce the center’s position as a dominant necessity retail destination within the Dillon trade area
STABLE INVESTMENT | NEAR-TERM VALUE-ADD OPTIONALITY
• Weighted Average Lease Term: ~2.4 years, creating clear opportunities for renewal mark-to-market and leasing strategy execution
• Conservative underwriting supports ~15%+ potential NOI growth through tenant renewals and strategic re-tenanting
• 100% occupied with no near-term vacancy risk, allowing investors to capture stable income while executing rollover upside
DOMINANT RETAIL POSITIONING WITH I-95 EXPOSURE
• Positioned directly along Radford Boulevard with immediate access to Interstate-95 (~40,000+ VPD) — one of the busiest freight and tourism corridors on the East Coast
• Only Walmart in a 30 mile radius, serving a wide regional trade area with limited competition
• Walmart shadow positioning allows the center to capture both local necessity demand and interstate traveler traffic
STABLE TERTIARY MARKET SUPPORTED BY LOGISTICS & REGIONAL DRAW
• Dillon operates within the Florence regional employment corridor, benefiting from commuter access to major healthcare, manufacturing, and logistics employers
• Key regional drivers include Harbor Freight Distribution Center, McLeod Health Dillon, regional manufacturing users, Interstate-95 logistics employment, plus roadside attractions like South of the Border
• Limited retail competition in the immediate node – The market serves as a regional retail hub for surrounding rural communities, supporting consistent necessity-based consumer spending
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
21,600 SF
Building Class
B
Year Built
1999
Price
$5,623,887 CAD
Price Per SF
$260.37 CAD
Cap Rate
7.25%
NOI
$407,832 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
4.34 AC
Opportunity Zone
Yes
Zoning
NEC - Neighborhood Commercial
Parking
100 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
137’ on Radford Rd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 049-00-00-051 | Improvements Assessment | $126,243 CAD |
| Land Assessment | $54,575 CAD | Total Assessment | $180,818 CAD |
Property Taxes
Parcel Number
049-00-00-051
Land Assessment
$54,575 CAD
Improvements Assessment
$126,243 CAD
Total Assessment
$180,818 CAD
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