Situated just across the street from the town’s new Wal-Mart Super Center, the project is located at 911 East Main Street Laurens, SC 29360. The property has two buildings totaling 64,566 square feet. The site was originally developed as a K-Mart building which is currently occupied by a 55,552 s.f. Belk Department Store. A Dollar General building of 9,014 s.f. was built immediately adjacent to the Belk in 2005.
Laurens proper has just over 9,000 residents, but Laurens County contains a population of over 66,000 people. The trade area draws from nearby Clinton, SC, home to Presbyterian College, and a number of other small towns throughout the county. Located in what we see as the main retail area of the market with most of the current leasing/development momentum, the project is flanked by three centers – the first of which, to the west, is a recently renovated Ingles Supermarket. Directly to the east of the center is a Dollar Tree/CitiTrends anchored center and then adjacent to that, the redeveloped former Wal-Mart building home to Big Lots, Save-A-Lot, Tractor Supply Company, and an under-construction, freestanding Chick-Fil-A restaurant. A survey of the market shows minimal competition for the Belk; who has operated in this location since taking over from K-mart in 1993.
Other positive signs for the market include its proximity to I-385, the main corridor between the Greenville-Spartanburg MSA and Columbia, the ongoing widening to four lanes of Highway 221, the main access from I-385, and the presence of a large, Wal-Mart distribution Center at Hwy 221 and I-385. In addition to Wal-Mart, major employers in the market include International Paper, Milliken, and CeramTec.
911 East Main Street Laurens, SC 29360
Downloads (Flyer & Floor Plans)
Management / Leasing Agent
S. Vern Hakes was originally licensed to practice Real Estate in Georgia in 1989 and joined Vanguard Associates in 1994. He has extensive experience in commercial real estate sales and leasing transactions and property management. The early part of his..