Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    177 Meeting Street Rd Charleston, SC 29401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $42 SF/Yr

    Prime office building in the heart of Historic Charleston.

    Property size:
    22,062 SF
    Lot size:
    22,062 SF

    Property Features for 177 Meeting Street Rd

    General Information

    Standard status
    Active
    Size
    22,062 SF

    We can help!

    Listing Contact
    Charles Carmody
    Source: Cbre

    Listing Agent: Charles Carmody

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Class A Office Space

    This Class A office building is situated at the corner of Meeting and Market Streets, in the heart of Historic Charleston, South Carolina. The property is centrally located across the street from the Charleston City Market and the Charleston Place Hotel. The property offers 22,062 square feet of office space and is available for rent.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.950881
    Latitude
    32.813843

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Charleston

      Flexible workspace in Las Colinas MacArthur
      170 Floors, Charleston, SC 29401
      View Details
    • Contact for pricing

      Whole Foods Anchored Shopping Center

      Premier shopping center in West Ashley with high-traffic location.
      1133 Savannah Hwy, Charleston, SC 29407
      View Details
    • Contact for pricing

      Charleston Flex Retail Space

      Flex retail space in established commercial corridor with high traffic.
      1436 Meeting Street Rd, Charleston, SC 29405
      View Details
    • $29 SF/Yr

      Downtown Charleston Office Space

      Office space for rent in Charleston's growing Upper Peninsula.
      11 Isabella St, Charleston, SC 29403
      View Details
    • $36 SF/Yr

      Retail Space in James Island

      Retail space for lease in a high-traffic shopping center.
      1739 Maybank Hwy, Charleston, SC 29412
      View Details
    • $75 SF/Yr
      3,740 SF

      Prime Retail Space on King

      High-profile retail space in Charleston's premier shopping destination.
      229 King St, Charleston, SC 29401
      View Details
    • Contact for pricing

      Benefitfocus Way Office Space Sublease

      Office spaces for sublease in two buildings near I-526.
      215 Benefitfocus Way, Charleston, SC 29492
      View Details
    • $24 SF/Yr
      78,394 SF

      Furnished Office Building Sublease Opportunity

      Well-appointed, fully furnished office building available for sublease on Daniel Island.
      125 Fairchild St, Charleston, SC 29492
      View Details
    • $22 SF/Yr
      16,816 SF

      Charleston Historic District Office Space

      Renovated office suites with harbor views in Charleston's historic district.
      2 Cumberland St, Charleston, SC 29401
      View Details
    • $23 SF/Yr
      2,000 SF

      Renovated Retail Space on King

      Recently renovated retail space with high foot traffic and parking.
      577 King St, Charleston, SC 29401
      View Details
    • $20 SF/Yr
      1,010 SF

      Clements Ferry Road Office Space

      Second floor office space available for rent in Charleston.
      2414 Clements Ferry Rd, Charleston, SC 29492
      View Details
    • $37 SF/Yr
      1,978 SF

      Downtown Charleston Office with Drive-Thru

      Turn-key office space with parking and drive-thru in Charleston.
      172 Ashley Ave, Charleston, SC 29401
      View Details

    FAQs

    What type of property is this?
    Office building - Prime office building in the heart of Historic Charleston.
    Where is this office building located?
    The property is located at 177 Meeting Street Rd Charleston, SC.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - Class A office building; - Located in the heart of Historic Charleston, SC; - Corner of Meeting and Market Streets
    (843) 577-1155
    Request Owner's contact information
    177 Meeting Street Rd Charleston, SC 29401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    177 Meeting Street Rd
    Charleston, SC 29401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Meeting Street Rd Charleston, SC 29401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Charles Carmody
    (843) 577-1155
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!