2037 S Irby Street, Florence, SC 29505
$3,410,000
Property Type:
Commercial Sale
Square Footage:
2,325
Status:
Active
Current Price:
$3,410,000
List Date:
7/29/2026
Last Modified:
7/29/2026
Overview
Description
Listing Details MLS# 31009130
Location
- Street Number
- 2037
- Street Direction Prefix
- S
- Street Name
- Irby
- Street Suffix
- Street
- County
- Florence
- Nearest MSA
- Florence, SC
- Submarket/Township
- 81 - Out of Area
- State or Province
- SC
- Postal Code
- 29505
- Parcel Number
- 00150-01-007
- Opportunity Zone
- No
General Information
- Property Sub Type
- Retail
- Listing Name
- New 2026 Chipotle - Abs. Net - Florence, SC
- Property Condition
- New Construction
- Build to Suit?
- Yes
- Building Area Total
- 2325
- Lot Acres
- 1.31
- Property Visibility
- Excellent
- Anchored?
- No
- List Price/Acre
- 2603053.44
- List Price/SqFt
- 1466.67
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-07-29
- Original List Price
- 3410000
- Tax Legal Description
- S Irby St
Building Related
- Tenancy
- Single Tenant
- General Condition
- Excellent
- Year Built
- 2026
- Parking Total
- 28
Land Related
- In Flood Plain?
- No
Status Change Info
- Status Change Date
- 2026-07-29
More Information
Auction Details
- Auction
- No
Area and Location
- Traffic/Vehicle Count
- 27500
Financials
- Tax Assessed Value
- 0
Directions & Remarks
- Public Remarks
- 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 Sub Type
- Retail
- Yes
Existing Lease Type
- Absolute Net
- Yes
Roof
- Membrane
- Yes
Current Use
- Restaurant
- Yes
- Retail
- Yes
- Retail - Pad
- Yes
Parking Type
- Surface
- Yes
Property Features
Property Sub Type:
Retail
Current Use:
Restaurant; Retail; Retail - Pad
Existing Lease Type:
Absolute Net
Roof:
Membrane
Parking Type:
Surface
Documents
S Florence Chipotle OM ›
Listing Office:
Charleston Commercial
Last Updated: July - 29 - 2026
Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.