Northbridge Executive Park
1176-1180 Sam Rittenberg Blvd Charleston, SC
For Sale
Contact for pricing
Two-building office campus near Ashley Landing redevelopment.
Property Size54,500 SF
Lot Size3.25 Acres
Price / SF$293
Days on Market254
Property Features for 1176-1180 Sam Rittenberg Blvd
General Information
Standard status
Active
Size
54,500 SF
Lot size
3.25 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Charleston
(602) 689-6899
Listed By:
Clarke Attaway · License #110474
(602) 689-6899
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Jul 10
Last Checked: Jul 21 at 3:07AM
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 Colliers | Charleston
Investment Insights
Based on property information with market context.
Northbridge Executive Park, located at 1176 and 1180 Sam Rittenberg Boulevard, is a two-building office campus totaling approximately 54,500 square feet. The campus offers tenants proximity to Downtown Charleston and other submarkets. Situated across the street from the Ashley Landing redevelopment, the park is positioned to benefit from the area's transformation into a mixed-use hub. 1176 Sam Rittenberg, constructed in 2023, is a 15,500 square foot two-story office building featuring a modern design that allows for natural light and overlooks shared green-space and gathering areas. The building is fully leased to two medical users. 1180 Sam Rittenberg, originally built in 1985, has undergone major renovations since 2019, including new common areas, HVAC systems, landscape and irrigation redesign and installation, and exterior windows. The property offers suite availabilities ranging from 1,872 SF to 2,209 SF.
Key Highlights
- Positioned for sustained rent stability and capital appreciation due to the Ashley Landing redevelopment.
- Convenient location with close proximity to Downtown Charleston and other submarkets.
- 1176 Sam Rittenberg is a new (2023), fully leased, modern office building providing stable income.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.41M | $25.80 |
| − Vacancy | −$125.1k | −$2.30 |
| EGI | $1.28M | $23.50 |
| − OpEx | −$512.4k | −$9.40 |
| NOI | $768.6k | $14.10 |
54,500 SF · lease $25.80/SF/yr · vacancy 8.90% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$10.98M
$9.61M – $12.81M
NOI $768,574 @ 7.0% cap · market cap 4.81%
Second Best
Office B
$10.93M
$9.56M – $12.75M
NOI $764,959 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$14.75M
$12.91M – $17.21M
NOI $1,032,404 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-building office campus near Ashley Landing redevelopment.
Where is this office building located?
The property is located at 1176-1180 Sam Rittenberg Blvd Charleston, SC.
What is the asking price?
The asking price for this property is $15,968,500.
What are key features of this property?
This property features: Positioned for sustained rent stability and capital appreciation due to the Ashley Landing redevelopment.; Convenient location with close proximity to Downtown Charleston and other submarkets.; 1176 Sam Rittenberg is a new (2023), fully leased, modern office building providing stable income.
