Retail Properties in Rock Hill, South Carolina offer a unique investment opportunity, with a diverse range of businesses and attractions drawing visitors and locals alike. As a hub for commerce and entertainment, Rock Hill is an attractive location for retailers looking to establish a presence in the region. Retail Properties in Rock Hill can represent a variety of investments, from small, independent boutiques to larger, big-box stores. With a strong economy and a growing population of around 70,000, Rock Hill provides an ideal environment for retailers to thrive. The city's amenities, including its scenic riverfront views, historic downtown area, and thirty-one parks, make it an attractive location for businesses and residents. Additionally, Rock Hill's infrastructure, including its transportation systems and major employers like 3D Systems and Piedmont Medical Center, provide a solid foundation for economic growth. Nearby attractions like the Giordana Velodrome and the Winthrop University Eagles also contribute to the city's appeal.
With 7 Retail Properties currently available in Rock Hill, investors have a range of options to choose from. The average price per square foot for Retail Properties in Rock Hill is $177 USD, with an average size of 43,537 square feet. The largest Retail Property available in Rock Hill is 132,343 square feet. In addition to Retail Properties, Rock Hill also offers a range of other commercial properties, including Shopping Centers, Restaurants, Office Properties, and Hotels. Shopping Centers in Rock Hill offer a range of retail and dining options, while Restaurants provide a diverse selection of cuisines. Office Properties in Rock Hill are home to a range of businesses, from small startups to larger corporations. Hotels in Rock Hill cater to visitors and business travelers, offering a range of amenities and services. Overall, Rock Hill's diverse range of commercial properties makes it an attractive location for investors and businesses looking to establish a presence in the region.
What is the average cap rate for retail properties in Rock Hill?
For investors seeking retail properties in Rock Hill, understanding the average cap rate is crucial. According to current listings, the average cap rate for retail properties in Rock Hill is 6.81%, which can help investors gauge the potential return on investment; to learn more about how cap rates work, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Rock Hill, South Carolina, location and foot traffic play a significant role in determining retail property values. Properties situated in high-traffic areas, such as downtown Rock Hill or near popular attractions like the Riverwalk, tend to command higher prices due to their visibility and accessibility, with an average price per square foot of $177 USD and average size of 43,537 square feet.
