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Marcus & Millichap Arranges $9.3M Sale Of Shoppes At Walterboro Retail Center

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SOLD
$9,300,000

South Carolina

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Retail53,330 SF
Sold 09/24/2025
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SOLD

Marcus & Millichap Arranges $9.3M Sale Of Shoppes At Walterboro Retail Center

2098 Bell's Highway

See Similar Deals
Retail53,330 SF
Sold 09/24/2025
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Summary

SOUTH CAROLINA
Asset Type:Retail
Price Per Square Foot:$174
Total Square Footage:53,330 SF
Transaction Type:Sale

The property involved in this transaction is a retail asset located at 2098 Bell's Highway in Walterboro, SC. The sale took place on September 24, 2025, with a sale price of $9,300,000. The retail center spans 53,330 square feet and sits on an asset area of 7.4 acres, with a price per square foot calculated at $174. The property was 97% leased at the time of the sale and was built in 2007, recently undergoing renovations in 2024. It is shadow-anchored by Walmart and includes tenants such as Five Below, Dollar Tree, and AT&T.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,300,000
  • Address: 2098 Bell's Highway
  • Market: Walterboro, SC
  • Asset Area: 7.4 acres
  • Square Footage: 53,330
  • Price per Square Foot: $174

The transaction was facilitated by broker Altaf "Al Taf" Sulaiman representing Marcus & Millichap. The firm arranged the sale of this retail center, indicative of its leasing strength and valuable location within the market.

Players

Altaf "Al Taf"  Sulaiman
3 deals$35.5M volume
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: 09/24/2025 ADDRESS: 2098 Bell's Highway MARKET: Walterboro, SC ASSET TYPE: Retail ~ ACRES: 7.4 BROKER: Altaf "Al Taf" Sulaiman - Marcus & Millichap SALE PRICE: $9,300,000 SF: 53,330 ~ PPSF: $174 NOTE: Marcus & Millichap arranged the $9.3M sale of Shoppes at Walterboro, a 53K SF retail center west of Charleston that was 97% leased at closing. The 2007-built property, recently renovated in 2024, is shadow-anchored by Walmart with tenants including Five Below, Dollar Tree and AT&T.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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