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Cold Storage Distribution Facility
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2300 Prosperity Way, Florence, SC 29501

Cold storage/distribution facility with 32-acre site and recent $5M improvements; a portion is leased back.

Property Size89,000 SF
Lot Size32.00 Acres
Days on Market132

Property Features for 2300 Prosperity Way

General Information

Standard status Active
Size 89,000 SF
Lot size 32.00 Acres
Property subtype Industrial

Additional Details

Highway Access Yes
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Jul 21 at 5:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

Sands Investment Group exclusively presents for sale an 89,000 SF cold storage and distribution facility in Florence, SC. The property has over $5 million in recent improvements and is being offered as a partial sale-leaseback, with 41,600 SF of cold storage leased back at $5.76/SF. The remaining 47,400 SF is available for a new tenant or owner-user.

The facility is located directly off I-95 and sits on a 32-acre site, with opportunity for expansion.

The property’s current configuration supports both an in-place leased area and additional space that can be occupied or upgraded to meet a new operational need.

Key Highlights

  • 89,000 SF cold storage/distribution facility in Florence, SC, directly off I‑95
  • Over $5 million in recent improvements
  • Partial sale‑leaseback: 41,600 SF cold storage leased back at $5.76/SF (below market rent)

Property Analytics

Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop HVAC Service Hair Salon Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 29501, SC

46,528
Population
20,713
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
52.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,618
Median Household Income
$46,246
Median Earnings
$995
Median Rent
$220,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Cold storage/distribution facility with 32-acre site and recent $5M improvements; a portion is leased back.
Where is this refrigerated & cold storage located?
The property is located at 2300 Prosperity Way Florence, SC.
What are key features of this property?
This property features: 89,000 SF cold storage/distribution facility in Florence, SC, directly off I‑95; Over $5 million in recent improvements; Partial sale‑leaseback: 41,600 SF cold storage leased back at $5.76/SF (below market rent)
More about this property
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