300+ Unit Self-Storage with Retail Anchor 126 E Shockley Ferry Rd

This sale represents a portion of Watson Village, a highly trafficked shopping center at 126 E Shockley Ferry Road. The asset consists of 124,293 square feet of total space divided between retail and storage units. Built in 2000, the well-maintained property has 12.69 total available acres and ample parking space for patrons and employees. There are many historic tenants with staggered lease terms, allowing for new ownership to restructure how they see fit. Tenants include Ace Hardware, Big & Tall Exchange, Anderson Cash Checking, Anderson County Sheriff’s Office, and Sunshine Place Thrift. The on-site storage business offers both indoor and outdoor storage.

The Anderson City South of Interstate 85 Retail Submarket is a strong place for investors to enter. The vacancy sits at 3.1% as of the first quarter of 2025. There is presently no retail space under construction, creating no competition in this area. The whole submarket contains roughly 7.7 million square feet of total inventory. Market rents sit at $12.80 per square foot with an impressive yearly change of 3.5%.

Anderson is considered a part of the larger Greenville, South Carolina, retail landscape. With its location along the Interstate 85 corridor directly between the population centers of Charlotte and Atlanta, Upstate South Carolina has benefitted from this booming megaregion's economic and demographic growth. The Upstate includes the Greenville and Spartanburg metropolitan areas. As these two metros have expanded together, they have attracted increasing attention from corporate site selectors and job seekers and grown to a population of 1.2 million, the largest market in South Carolina. Greenville and Spartanburg have long been manufacturing centers. While the textile industry was once dominant here, that sector has contracted due to offshoring. In its place, a thriving automotive manufacturing industry has grown, helping to make South Carolina a key exporter of automotive parts. The relocation of BMW's North American production facility to Greer in 1994 was the key catalyst in attracting other automotive parts suppliers. Today, the facility produces all the German automaker's X series SUVs and is expanding its electric vehicle production capabilities. Additional companies such as Michelin, ZF Transmissions, and Lockheed Martin have all expanded in the region. Educational institutions such as Clemson University have focused on supporting the business and manufacturing industries. For example, Clemson's International Center for Automotive Research (CU-ICAR) serves as an incubator for the transfer of university research into industry. Downtown Greenville is known for its recent revitalization and serves as an entertainment and services center for the Upstate area. The financial services industry is also concentrated in the Greenville area, as TD Bank and LimaOne Capital have expanded here, helping to diversify this growing region's economic base. Other headquarters operations include Denny's restaurant in Downtown Spartanburg.

Anderson is strategically positioned in the northwest corner of South Carolina on the busy Interstate 85 corridor. The city lies on the southern border of Interstate 85 and is proximate to Atlanta and Charlotte. This area is seeing exponential growth, creating the perfect setting for investment.

Discover 126 E Shockley Ferry Road, the ultimate destination for real estate investment in Anderson, South Carolina.

Property tours are available by appointment only. Please contact the listing broker to schedule.