Market on Cherry

  • Location: Rock Hill, South Carolina, U.S.
  • Type: Retail Size: 129,484 sq. ft.
  • Acquisition price: $13,000,000
  • Acquisition date: September 2015
  • Comments: Forecasted to yield ten year average cash on cash investor return of 10.42%. The asset features a national credit anchor lineup, comprised of Big Lots, Dollar Tree, Office Depot, and Harbor Freight Tools, as well as other national tenants, Payless Shoesource, It’s Fashion Metro (CATO), HoneyBaked Ham, Check’n Go, Subway, Kool Smiles, and Cricket Wireless.
  • The Market on Cherry Road enjoys a prominent location near the major intersection of Cherry Road (31,000 AADT) and I-77 (72,900 AADT).
  • The center is at 94.59% occupancy.