823-817 S Cashua Drive, Florence, SC 29501
COMMERCIAL/INDUSTRIAL - Florence, SC
- Added:
- May 20, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 823-817 S Cashua Drive
General Information
- Property type
- Other
- Property subtype
- Retail
- Standard status
- Active
Building Details
- Floors in Building
- 1
Listing agent Chris Barnette (803) 727-3020
Listing office Southern Shores Real Estate Group 1122 Lady Street Ste 223, Chapin, SC (803) 298-5155
Listing date May 20, 2026
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied retail center across the street from Walmart Neighborhood Market
- Two connected buildings: 817 S. Cashua (7,450 SF) and 823 S. Cashua (8,000 SF)
- Both buildings are in good condition and serve a high traffic count
Overview
The center is located across the street from Walmart Neighborhood Market in Florence, South Carolina, with public remarks indicating high traffic count. The address for the property is 823-817 S Cashua Drive, Florence, SC 29501.
For buyers seeking an established retail asset with current occupancy, the configuration of two linked structures provides flexibility in retail layout and leasing approach while maintaining a cohesive property footprint. The fact that the center is fully occupied and both buildings are stated to be in good condition may simplify near-term operational planning for a new owner, subject to standard due diligence on leases and financials.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.1k | $11.40 |
| − Vacancy | −$18.0k | −$1.16 |
| EGI | $158.2k | $10.24 |
| − OpEx | −$47.4k | −$3.07 |
| NOI | $110.7k | $7.17 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bargain Ben's Treasure Den — 919 S Cashua Dr, Florence, SC 29501
- TheLKCollections — 2201 2nd Loop Rd, Florence, SC 29501
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.813239
- Latitude
- 34.174725