Shadow Anchored Retail Center in Marion, SC Sold


Carter’s Retail Sales Investment Sales team represented Marion Properties LLC in the sale of a shopping center in Marion, S.C.
Built in 2008, the 23,000-square-foot center is adjacent to a Wal-Mart store. The center’s key tenants include Dollar Tree, CATO and Shoe Show. The buyer, a private capital firm based in the Southeast, paid approximately $2.725 million, or about $118 per square foot, for the retail center. The center is situated on Enterprise Drive in Marion, a city in the northeastern quadrant of South Carolina between Florence and Conway.
The purchase was financed through a new loan sourced through BB&T.
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