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Property profile & analytics
FOR SALE
Retail space

1933 2Nd Loop Rd Florence, SC 29501

17,174 SF Built 1970
Property ID
US77-Q020730
Property summary
AI-generated overview

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, LFB Plasma investment property located in Florence, SC. The tenant LFB American Plasma, LLC (dba LFB Plasma) has 6+ years of term remaining with an additional 4 (5-year) option periods left to extend. The lease features a 10% increase in year 11 and at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. LFB Plasma is strategically located along 2nd Loop Road with clear visibility and access to an average of 30,900 vehicles passing by daily. The asset also benefits from nearby access onto U.S. Highway 76 (24,200 VPD), Interstate 95 (60,900 VPD), and Interstate 20 (30,900 VPD), making this a centralized location with easy commutes. The property is ideally situated within a dense retail trade area and is near some major shopping centers including Southpark Center (69K+ SF), Southside Commons (240K+ SF), Magnolia Mall (601K+ SF), and others. The surrounding tenants consist of Food Lion, CVS Pharmacy, Walmart, Lowe’s, Sam’s Club, Home Depot, Kohl’s, Target, and others. The strong tenant presence drives a loyal, local consumer base to the trade area, promoting crossover exposure and contributing to the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Four Oaks (80 units), Landmark Woods (104 units), and Sedgefield (272 units), providing a direct residential consumer base. The 5-mile trade area is supported by over 76,300 residents and 51,900 daytime employees, with an average annual household income of $88,566.

Property profile
Verified
Property type Retail space
Year built 1970
Total area 17,174 SF
UPID US77-Q020730
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ImmunoTek Bio Centers Medical Clinic
  • LFB Plasma Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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