2037 S Irby Street Florence, SC 29505

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.

• 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