512 Bypass 72 NW • Greenwood, SC 29649
Year Purchased: 2023
Purchase Amount: $10,800,000.00
Equity: $5,150,000.00
Westwood Plaza was purchased in July 2023 and is a 83,354 square-foot multi-tenant shopping center located in Greenwood, South Carolina. Built in 1996 and renovated in 2012, the Westwood Plaza boasts a strong group of e-commerce-resistant tenants and is shadow-anchored by a high-performing Wal-Mart (top 3% in SC based on foot traffic). Greenwood is a hub of traffic and retail in the middle of western South Carolina. It is located an hour south of Greenville and an hour and a half west of Columbia. With a diverse tenant base and a desirable location, the center is currently 89% occupied, and the lineup features a healthy mix of businesses.