The Sycamore Commons space is roughly four miles away and newer than the Independence store, which according to property records was built in 1987. And it's also situated in a shopping center full of familiar big-box brethren, including Michaels, Dick's Sporting Goods, Bed Bath & Beyond and Old Navy. In fact, Circuit City itself had relocated there from a stretch of Independence near the existing Best Buy.
The loss will likely be a blow for Independence Square, one of many shopping centers along closer-in stretches of Independence Boulevard stung by the departure of big-name tenants. The shopping center is owned by Kimco Realty, which has not yet responded to a request for more information; the Best Buy building appears to be owned separately, by a lawyer in West Virginia. Over the years the center has also lost Michaels and CVS, and the Bi-Lo there closed a little more than a year ago. As those tenants left, more discount-oriented stores have moved in, leaving Best Buy in less familiar company. In that context and given the history of big boxes on Independence, every time I drove by the Best Buy, I got the feeling its days were numbered. Sure enough, they now are. International grocery store Super Global Market, or Super G, is filling the Bi-Lo vacancy.
The Best Buy space opened as a branch of the now-defunct Lechmere electronics chain and later housed a SportsTown store. Best Buy opened there in 1994 and, like the University store, was one of the chain's first locations in the Carolinas, according to Observer archives.