Lowe’s Anchored Little River Pavilion Under Contract


little river pavilionSlate Retail REIT has announced that it has entered into a binding agreement to acquire Little River Pavilion in Little River, South Carolina, within the Myrtle Beach-Conway-North Myrtle Beach Metropolitan Statistical Area. It is just over the NC/SC state line between Little River, SC and Calabash, NC.

The 72,520 square foot property is 91% occupied and anchored by a Lowes Foods grocery store and Dollar Tree. It will be acquired for $10.1 million ($158 per square foot). The acquisition is expected to be completed in fourth quarter 2015 and remains subject to customary closing conditions.

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    Categories : Myrtle Beach

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