Chipotle Restaurant
For Sale
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2037 S Irby Street, Florence, SC 29505
Brand-new corporate-guaranteed restaurant with an absolute NNN lease and long-term renewal options.
Property Size2,325 SF
Price / SF$1,466
Days on Market98
Property Features for 2037 S Irby Street
General Information
Standard status
Active
Size
2,325 SF
Class
A
Total Parking Spaces
28
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$179,000
Financials
Asking Price
$3,410,000
Cap Rate
5.25%
Additional Details
Drive-Thru
Yes
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Charleston Commercial
Listed By:
Josh Schaap · License #SC 55385
(843) 284-6873
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 3 at 3:46AM
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 Charleston Commercial
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Investment Insights
Based on property information with market context.
This 2,325-square-foot Chipotle Mexican Grill property was completed in 2026 and operates under a corporate-guaranteed absolute NNN lease. The agreement provides a 15-year initial term, four 5-year renewal options, and 10% rent escalations every five years throughout the base term and option periods. The property is zoned Commercial.
The restaurant is located at 2037 S. Irby Street in Florence, South Carolina, directly across from a Walmart Supercenter. It occupies the front of a newly developed, multi-parcel outparcel node planned to include Scrubby's Car Wash and a national coffee chain. The site is positioned within an established retail corridor on South Irby Street.
The restaurant is located at 2037 S. Irby Street in Florence, South Carolina, directly across from a Walmart Supercenter. It occupies the front of a newly developed, multi-parcel outparcel node planned to include Scrubby's Car Wash and a national coffee chain. The site is positioned within an established retail corridor on South Irby Street.
Key Highlights
- 2,325‑square‑foot Chipotle Mexican Grill property completed in 2026
- 15‑year absolute NNN lease with corporate guarantee
- Four (4), five (5)-year renewal options
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
321k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 29%
Shops & Services 18%
Groceries 5%
Walmart
Superstores
94,101 visits/mo
0.3 miles
Chick-fil-A
Dining
48,273 visits/mo
0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
23,696 visits/mo
0.3 miles
Cook Out
Dining
21,466 visits/mo
0.0 miles
SONIC Drive In
Dining
18,142 visits/mo
0.2 miles
Demographics for 29505, SC
25,269
Population
10,647
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
50.9 sq mi
ZIP Area
496
Density / Sq Mi
$64,194
Median Household Income
$40,594
Median Earnings
$1,084
Median Rent
$174,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Brand-new corporate-guaranteed restaurant with an absolute NNN lease and long-term renewal options.
Where is this nnn property located?
The property is located at 2037 S Irby Street Florence, SC.
What is the asking price?
The asking price for this property is $3,410,000.
What are key features of this property?
This property features: 2,325‑square‑foot Chipotle Mexican Grill property completed in 2026; 15‑year absolute NNN lease with corporate guarantee; Four (4), five (5)-year renewal options
