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Abbeville Shopping Center 763 Highway 28 Byp 60,972 SF 100% Leased Retail Building Abbeville, SC 29620 $1,892,605 CAD ($31.04 CAD/SF)



Investment Highlights
- Anchored by logistics and healthcare tenants with long-term occupancy
- Gross lease structure with built-in 3.35% annual rent increases
- Located near downtown Abbeville and major regional employers
- Positioned at a lighted intersection with strong visibility
- Offered at a competitive price per square foot for the market
Executive Summary
Positioned at a signalized intersection along a key commercial corridor, 763 Hwy 28 Bypass offers a compelling investment opportunity in the heart of Abbeville, South Carolina. This ±60,972 SF multi-tenant flex/retail center spans ±7.4 acres and is anchored by two established tenants: KCS Logistics, occupying ±53,600 SF, and Abbeville Hospital System, occupying ±7,372 SF. The property is offered at $1,350,000, equating to just $22.14 per square foot, with a gross lease structure that delivers predictable income and 3.35% annual escalations.
The asset’s location provides excellent visibility and accessibility, benefiting from consistent traffic flow and proximity to downtown Abbeville, the DMV, and regional employers such as Flexible Technologies and Prysmian Group. The surrounding area supports a mix of industrial, healthcare, and retail uses, reinforcing long-term tenant demand and stability.
With a gross lease income stream starting at $160,800 in Year 1 and increasing to $172,200 by Year 3, this property offers immediate cash flow with built-in growth. Its flexible layout and large site footprint also present future repositioning or redevelopment potential. Whether you're seeking a stabilized asset with upside or a strategic foothold in a growing Upstate South Carolina market, this property delivers on both fronts.
The asset’s location provides excellent visibility and accessibility, benefiting from consistent traffic flow and proximity to downtown Abbeville, the DMV, and regional employers such as Flexible Technologies and Prysmian Group. The surrounding area supports a mix of industrial, healthcare, and retail uses, reinforcing long-term tenant demand and stability.
With a gross lease income stream starting at $160,800 in Year 1 and increasing to $172,200 by Year 3, this property offers immediate cash flow with built-in growth. Its flexible layout and large site footprint also present future repositioning or redevelopment potential. Whether you're seeking a stabilized asset with upside or a strategic foothold in a growing Upstate South Carolina market, this property delivers on both fronts.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
60,972 SF
Building Class
B
Year Built
1978
Price
$1,892,605 CAD
Price Per SF
$31.04 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
7.40 AC
Opportunity Zone
Yes
Parking
400 Spaces (6.56 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Abbeville Hospital System
- -
-
99,999 SF
- -
- -
- KCS Logistics
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Abbeville Hospital System | - | 99,999 SF | - | - | ||
| KCS Logistics | - | 99,999 SF | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 121-00-00-178 | Improvements Assessment | $22,065 CAD |
| Land Assessment | $23,827 CAD | Total Assessment | $45,893 CAD |
Property Taxes
Parcel Number
121-00-00-178
Land Assessment
$23,827 CAD
Improvements Assessment
$22,065 CAD
Total Assessment
$45,893 CAD
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Abbeville Shopping Center | 763 Highway 28 Byp
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