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726 S Irby St, Florence, SC, 29501

REDEVELOPMENT OPPORTUNITY – DARK WALGREENS
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Key Information

Tot. SF
14,820
Year Built
2015
Term Remaining
±9.90 YRS
Type
Retail

Highlights

INVESTMENT HIGHLIGHTS

  • EXPANDING MARKET – Florence is a growing regional hub supported by city-backed development initiatives and rising housing demand.
  • HARD CORNER SIGNALIZED INTERSECTION – Located at the high-traffic, signalized intersection of S Irby St and Cherokee Rd, this property enjoys excellent visibility and accessibility. With combined traffic counts exceeding + 30,000 VPD, the site offers strong daily exposure in a centrally located retail corridor.
  • HIGH INCOME STREAM – This deal offers a very favorable yield while the purchaser is establishing a re-tenanting or redevelopment plan.
  • HIGH-QUALITY CONSTRUCTION – The property is high-quality brick construction finished in 2015 with prominent visibility and great curb appeal on +550 SF of street frontage along one of the city’s main thoroughfares.
  • SOLID DEMOGRAPHICS – There are 70,000+ residents within a 5-mile radius of the subject property, with an average household income of approximately $80,000. Florence draws from a broad surrounding population base, supporting steady demand for essential retail and reinforcing the long-term strength of this location.
  • REGIONAL HEALTHCARE AND BUSINESS CENTER – Florence is home to several major hospitals and medical centers, as well as global employers such as GE Healthcare and McLeod Health. The city’s strategic location at the intersection of I-95 and I-20 enhances its importance as a commercial, distribution, and healthcare hub.
  • STRONG COMMUNITY SYNERGY – The property is surrounded by several other national retailers, apartment and housing communities, and schools, which contribute to strong foot traffic and a steady flow of customers. Neighboring tenants include CVS, Piggly Wiggly, AutoZone, Jiffy Lube, Papa Johns, and Wendy’s.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203