KB Shops at Trinity Park, DST — 2200 & 2202 Woodruff Road, Simpsonville, South Carolina 29681

Kingsbarn Real Estate Capital is pleased to offer the Shops at Trinity Park, a 44,424 square feet grocery-anchored retail center in Simpsonville, South Carolina. Constructed in 2018, this multi-tenant property is 100% leased and has a WALT of 10 years. The anchoring grocery store, Sprouts (NASDAQ: SFM), has over 11.5 years remaining on their lease. This Sprouts location is the grocer’s first in South Carolina and their 300th in the United States. Sprouts is the property’s largest tenant, comprising 67.3% of the GLA. Additionally, all tenants are NNN-leased, and 91.3% of the property is leased to national tenants, including Berkshire Hathaway (NYSE: BRK.A), Pacific Dental Services, and Great American Cookies.

The Shops at Trinity Park is well-positioned to retain its high-quality tenants. The property is located along one of Greenville County’s busiest traffic and retail thoroughfares, Woodruff Road (SC-146). The area is rich in amenities, including affluent communities and schools, multiple shopping centers, and various national chains such as Sam’s Club, REI, Best Buy, and Publix. Easily visible, the property sees a combined traffic count of 46,800 VPD. The location was carefully selected by Sprouts to target the area’s rapidly growing population within the Greenville MSA. The Shops at Trinity Park serves a population of 101,208 in a 5-mile radius with an average household income of $115,267.