2037 S Irby Street

Charleston Commercial has been exclusively engaged to solicit offers for the sale of a brand-new, corporate-guaranteed Chipotle Mexican Grill in Florence, South Carolina, priced at $3,410,000 (5.25 cap rate). Chipotle executed a 15-year absolute NNN lease with four (4), five (5)-year renewal options and 10 rental escalations every five years - in both the primary term and all option periods. The asset is positioned directly on South Irby Street, immediately across from a Walmart Supercenter, within one of Florence's most active retail corridors, and sits at the front of a newly developed, multi-parcel outparcel node that will also include Scrubby''s Car Wash and a national coffee chain.