2037 S Irby Street | Florence | $3,410,000

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

2,325 SQ. FT.

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2037 S Irby Street Florence, SC 29505

For SALE Business ACTIVE

$3,410,000

EST. 8,583.77/MO CALCULATE

2,325 SQ. FT.

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.

Property Details

MLS ID31009130
Property TypeCommercial - Retail
Current UseRestaurant, Retail, Retail - Pad
Days on Site2
Existing Lease TypeAbsolute Net
Lot Size1.31 Acres
Parcel Number00150-01-007
Parking Total28.00
Year Built2026
acres1.31

Listed By / Shown By

Listed By

Agency Name: Charleston Commercial

SCCMLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

SCCMLS

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2037 S Irby Street

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Location 2037 S Irby Street

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