WESTGATE MALL – Spartanburg, SC (Greenville, SC MSA)
Reedy River Retail at SVN Blackstream and SVN | Second Story Real Estate Management have been retained to exclusively offer for sale the leasehold interest in the WestGate Mall in Spartanburg, SC. WestGate Mall is well located along I-26 in the Greenville/Spartanburg MSA, widely recognized as one of the fastest growing markets in the country and home to international companies including BMW, Michelin and Milliken.
As the only enclosed mall in Spartanburg County, WestGate is anchored by Belk, Dillards, JCPenney and Costco and sits on ±52 AC with interstate frontage and visibility. The sale includes ±431,306 SF of owned GLA as part of a ground lease with options extending through 2084. WestGate Mall is currently 82% occupied, presenting an immediate value-add opportunity for a qualified buyer.