Occupied Retail Strip in Goose
For Sale
$2,515,000
107-109 Saint James Ave, Goose Creek, SC 29445
Multitenant retail strip with value-add potential in Goose Creek, SC.
Property Size14,600 SF
Price / SF$172.26
Days on Market322
Property Features for 107-109 Saint James Ave
General Information
Standard status
Active
Size
14,600 SF
Property subtype
Retail
Building Details
Building Size
14,600 SF
Year Built
2005
Listing Agency:
Harbor Commercial Partners
Listed By:
Chris Saltiel · License #SC #135588
(630) 200-6774
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 6
Last Checked: Oct 7 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harbor Commercial Partners
Investment Insights
Based on property information with market context.
This 14,600-square-foot retail strip is located in Goose Creek, South Carolina, a submarket of the greater Charleston metro area. The property is currently 100% occupied and presents a value-add opportunity through raising rents to market value and converting leases to triple net. Situated at a Y-intersection, the property benefits from high traffic exposure, with approximately 62,000 vehicles per day on S Goose Creek Boulevard and 35,000 vehicles per day on Saint James Avenue. The property is located close to Interstate-26.
Key Highlights
- 100% Occupied: Provides immediate income stream.
- Value‑Add Opportunity: Potential to increase revenue by raising rents to market value.
- Triple Net Conversion Potential: Opportunity to shift expenses to tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,243
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,384,860
$3.4M
Cap Rate 7%
$2,417,757
$2.4M
Cap Rate 9%
$1,880,478
$1.9M
Market Conditions
NOI Build-Up for 14,600 SF
Gross rent
$262.8K $18.00/SF
− Vacancy
−$21.0K −$1.44/SF
EGI
$241.8K $16.56/SF
− OpEx
−$72.5K −$4.97/SF
NOI
$169.2K $11.59/SF
Area
Berkeley County, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,384,860
Cap Rate 7%
$2,417,757
Cap Rate 9%
$1,880,478
Alternative Uses
Best Use
Retail
$2.42M
$2.12M – $2.82M
NOI $169,243 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,571 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 29445, SC
60,558
Population
23,194
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
90%
High-School Grad
57.4 sq mi
ZIP Area
1,055
Density / Sq Mi
$80,778
Median Household Income
$40,990
Median Earnings
$1,441
Median Rent
$256,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Strip mall - Multitenant retail strip with value-add potential in Goose Creek, SC.
Where is this strip mall located?
The property is located at 107-109 Saint James Ave Goose Creek, SC.
What is the asking price?
The asking price for this property is $2,515,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate income stream.; Value‑Add Opportunity: Potential to increase revenue by raising rents to market value.; Triple Net Conversion Potential: Opportunity to shift expenses to tenants.
