2037 S Irby ST, Florence, SC 29505
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2037 S Irby ST, Florence, SC 29505
2037 S Irby ST, Florence, SC 29505
2037 S Irby ST, Florence, SC 29505
2037 S Irby ST, Florence, SC 29505
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$ 3,410,000
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2037 S Irby ST Florence, SC 29505

57,063 SqFt


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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 57,063 sqft

Price per Sqft $59

MLS Listing ID 31009130

Year Built 2026

Lot Size 1.310 Acres

Acres 1.31

Property Sub-Type Retail

Property Description

Charleston Commercial has been exclusively engaged to solicit offers for the sale of a brand-new, corporate-guaranteed Chipotle Mexican Grill in Florence, South Carolina, priced at $3,410,000 (5.25% cap rate). Chipotle executed a 15-year absolute NNN lease with four (4), five (5)-year renewal options and 10% rental escalations every five years - in both the primary term and all option periods. The asset is positioned directly on South Irby Street, immediately across from a Walmart Supercenter, within one of Florence's most active retail corridors, and sits at the front of a newly developed, multi-parcel outparcel node that will also include Scrubby's Car Wash and a national coffee chain.

Location

State SC

County Florence

Exterior

Parking Features Surface

Garage Spaces 28.0


Listed by Nick Maylander • Charleston Commercial

NEARBY SCHOOL & BUSINESS

Matt Anderson

Matt Anderson

Team Lead - Broker Associate | License ID: 89024

+1(843) 437-8386

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2037 S Irby ST