For Sale
$2,500,000

840 Woody Jones BlvdFlorence, SC 29501

High-Cap Rate, Fully Leased, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Fully leased, 10,822 SF multi-tenant restaurant complex on 1.26-acre lot.
  • 100% occupancy with established tenants including 1720 Burger Bar, Margarita's, and Heritage Finance.
  • $2,500,000 asking price, 6.00% cap rate.
  • High-visibility location on Woody Jones Blvd, across from Florence Center, near I-95/I-20 exits and Magnolia Mall.
  • Ample parking.

Property Details for 840 Woody Jones Blvd

Property type
Retail properties, Restaurants
Square Feet
10,822 SF
Year Built
2009
Buildings
1
Stories
1
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.183956155545
Longitude
-79.839184422262
840 Woody Jones Blvd, Florence, South Carolina

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840 Woody Jones Blvd
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