Updated Oct 2, 2026
Marcus & Millichap Sells Walmart-Shadow-Anchored Shopping Center In Anderson SC For $7.14M
629 Highway 28 Bypass
$7,140,000
$178/SF
Building Size
40,000 SF
Asset Type
Retail
Closing
Oct 2, 2026
About this deal
AI
A 40,000-square-foot shopping center, shadow-anchored by Walmart, located at 629 Highway 28 Bypass in Anderson, SC, sold for $7.14 million. The property encompasses 8.1 acres and was constructed in 1999, featuring 13 retail and service units including Dollar Tree, Great Clips, and Petsense.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,140,000
- Square Footage: 40,000
- Price per Square Foot: $179
- Acres: 8.1
- Units: 13
- Price per Unit: $549,231
- Market: Anderson, SC
The deal was represented by brokers Eric Abbott, Zachary Taylor, and Benjamin Yelm from Marcus & Millichap. Their expertise contributed to successfully marketing the property throughout the transaction process.
On the Map
$7,140,000
$178/SF
Retail
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Anderson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93