Jul
17

Lexington Strip Center Sold

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Ziff Properties Inc. has purchased the 23,000-sqaure-foot Colonnade at White Knoll for $1.4 million from the CREO (commercial real estate owned) department of BB&T Bank. The shopping center, located at 1787 S. Lake Drive in Lexington, includes three buildings and features tenants Dawn’s Bridal Boutique and Allure Nails & Spa. Ziff Properties was represented in-house by Christian Chamblee. Bill Simerville of Cassidy Turley’s Charlotte office represented the seller in the transaction.

FROM LOOPNET:

22,992 SF vacant retail development situated on 2.45 acres of land. Located directly across Highway 6 (17,700 v.p.d.) from Lowe’ s and Super Wal-Mart and just north of Platt Springs Road. Continued interest from tenants with previous signed leases and strong interest from several tenants looking for space within the submarket. 3 buildings of conforming Class A architecture and quality that promote a community and pedestrian friendly atmosphere.
Building A: 17,011 SF
Building B: 3,140 SF
Building C: 2,841 SF

Building interiors are finished to a cold dark shell and building exteriors are complete excluding MEP upfits.

Located directly across Highway 6 (17,700 v.p.d.) from Lowe’ s and Super Wal-Mart and just north of Platt Springs Road. Tax ID 006500-03-117 Lexington County, SC, includes all three buildings in this sale. Zoning Intensive Development District (IDD) Lexington County, SC. Asking price was $2.4 million

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