Downtown Beaufort Office
For Sale
Contact for pricing
1121 Boundary Street, Beaufort, SC 29902
Office space in downtown Beaufort near retail and restaurants.
Property Size3,729 SF
Days on Market225
Property Features for 1121 Boundary Street
General Information
Standard status
Active
Size
3,729 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
3,729 SF
Properties For Sale
at 1121 Boundary Street
1121 Boundary Street
Size
3,729 SF
Term
Negotiable
Listing Agency:
NAI Carolina Chapter
Listed By:
Baker Wilkins · License #31069
(843) 247-2470
Source:
Naicarolinacharter
Added: Mar 5
Changed: Oct 12
Last Checked: Oct 14 at 8:46PM
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 NAI Carolina Chapter
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office space is located in downtown Beaufort, South Carolina, off Boundary Street. The layout includes 6 or more offices, a large conference room, restrooms, a break room, and a storage closet. The property is in close proximity to numerous retail establishments, restaurants, medical facilities, and professional offices. Ample on-site parking is available. The office space is located on the second floor, and there is no elevator.
Key Highlights
- Great location in Downtown Beaufort off Boundary Street
- Close proximity to many retail, restaurants, medical and professional office users
- Layout consists of 6+\/- offices, large conference room, restrooms, break room and storage closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,348
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,960
$1.0M
Cap Rate 7%
$733,543
$733.5K
Cap Rate 9%
$570,533
$570.5K
Market Conditions
NOI Build-Up for 3,729 SF
Gross rent
$80.5K $21.60/SF
− Vacancy
−$12.1K −$3.24/SF
EGI
$68.5K $18.36/SF
− OpEx
−$17.1K −$4.59/SF
NOI
$51.3K $13.77/SF
Area
Beaufort County, SC
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,960
Cap Rate 7%
$733,543
Cap Rate 9%
$570,533
Alternative Uses
Best Use
Office B
$733.5K
$641.9K – $855.8K
NOI $51,348 @ 7.0% cap · market cap 233,400.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$984.5K – $1.31M
NOI $78,756 @ 7.0% cap · market cap 357,981.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 29902, SC
16,692
Population
7,131
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
922
Density / Sq Mi
$72,564
Median Household Income
$36,468
Median Earnings
$1,157
Median Rent
$306,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Office space in downtown Beaufort near retail and restaurants.
Where is this office units located?
The property is located at 1121 Boundary Street Beaufort, SC.
What are key features of this property?
This property features: Great location in Downtown Beaufort off Boundary Street; Close proximity to many retail, restaurants, medical and professional office users; Layout consists of 6+\/- offices, large conference room, restrooms, break room and storage closet
