840 Woody Jones Blvd Florence, SC 29501
- Retail properties
- 10,822 SF
- 1.26 lot acres
Current Use by Public Records
- Retail properties
Property Details for 840 Woody Jones Blvd
- Year built
- 2009
- Lot size
- 1.26 lot acres
- Property size
- 10,822 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fully leased, multi-tenant restaurant complex situated on a 1.26-acre lot at 840 Woody Jones Blvd in Florence, South Carolina. The property boasts 10,822 square feet, spread across a single-story building constructed in 2009. Currently operating at 100% occupancy, the property features established tenants including 1720 Burger Bar, Margarita's, and Heritage Finance, ensuring a stable income stream. The asking price is $2,500,000, representing a compelling 6.00% cap rate. This prime location offers high visibility with 218 feet of frontage on Woody Jones Blvd, directly across from the Florence Center and conveniently located off I-95 and I-20 exits near Magnolia Mall. Ample parking is available for patrons and employees. The property benefits from its proximity to numerous neighboring businesses, including Swamp Fox Cinema and over a dozen hotels within a half-mile radius, guaranteeing high foot traffic and strong potential for continued success. This is a rare opportunity to acquire a thriving, well-established restaurant complex in a high-demand location. The property is zoned for commercial use and offers significant potential for future growth and appreciation.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.8392
- Latitude
- 34.184
