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| Crosspointe Plaza |
| 824 Woods Crossing Road Greenville, SC 29607 |
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| Overview |
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The Colliers Retail Capital Markets Team is pleased to present the opportunity to acquire Crosspointe Plaza, a seasoned and highly successful 124,375 sq. ft. community shopping center located in the heart of Greenville, South Carolina.
Sitting adjacent to upstate South Carolina’s premier shopping mall and in the middle of dense population and traffic, Crosspointe Plaza is 93.6% leased to a quality cast of highly successful retailers and restaurants such as TJ Maxx, DSW, Jo-Ann Stores, 810 Billiards & Bowling, Chipotle and Jason’s Deli.
Crosspointe Plaza is an excellent opportunity to acquire an established shopping center, for well below replacement cost, that provides stable cash flow, immediate upside, and desirable fixed growth in an exceptional in-fill Greenville, South Carolina location. |
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| Highlights |
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- Centrally located in Greenville, South Carolina and strategically located adjacent to the very popular 1.2M SF Haywood Mall
- 93.6% leased to a desirable mix of 12 tenants including: TJ Maxx, Joann, Chipotle, DSW, Jason's Deli, and 810 Billards & Bowling
- Anchored by a very strong performing TJ Maxx store
- 70% of Gross Revenue generated by national tenants, providing an attractive secure and stable income stream
- Includes two single tenant buildings leased to Chipotle & Jason’s Deli
- Immediate upside from the lease-up of two vacant units totaling 7,948 Sq. Ft
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| Highlights |
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- Excellent opportunity to acquire a stabilized and established shopping center for well below replacement cost
- Prominently located at the heavily trafficked lighted intersection of Haywood Road and Woods Crossing Road (±31,600 vehicles per day)
- Extremely desirable trade area with an estimated 179,791 people living within a five mile radius of the Subject Property
- Adjacent to two new luxury apartment units totaling over 500 units
- Future upside from below market rents
- Free and clear of existing debt, allowing an investor to maximize their leveraged returns
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| Contacts
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El Warner
Executive Vice President
Colliers
(858) 752-3078
CA Lic. 01890271
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Joe Montgomery
Executive Managing Director
Colliers
(404) 574-1029
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Scott Israel
Vice President
Colliers
(404) 978-2418
CA Lic 345088
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Charley Simpson
Sr. Vice President
Colliers
(949) 275-8807
CA Lic. 01302079
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Scott Burgess
Associate Vice President
Colliers
(864) 527-5434
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Lance Byars
Senior Associate
Colliers
(864) 527-5404
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