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
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.
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.
S Florence Chipotle OM ›