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

    1720 S Sam Rittenberg Blvd Charleston, SC 29407

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for lease in West Ashley shopping center.

    Property size:
    20,000 SF
    Lot size:
    3.71 Acres

    Property Features for 1720 S Sam Rittenberg Blvd

    General Information

    Size
    20,000 SF
    Lot size
    3.71 Acres

    We can help!

    Listing Contact
    Trey E Lucy, Iii
    Source: Moodyscre

    Listing Agency: Belk Lucy Listing Agent: Trey E Lucy, Iii

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

    Learn more

    Overview

    Retail Space in Village Square

    This retail space is located in Village Square III on Sam Rittenberg Boulevard in West Ashley. The center benefits from high visibility, signage opportunities, convenient access, and ample parking. Current co-tenants include Family Dollar, Charleston County, and Plato’s Closet.
    Location Intelligence

    Current Use by Public Records

    MOOD STUDIOS Hair Salon Charleston County Magistrate County Court West Ashley Magistrate Law Firm Honorable Bonnie L ... County Government Office Badcock Home Furniture ... Home Decor Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Crossroads Centre, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Westwood Plaza, Magnolia Park

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.0141295
    Latitude
    32.8050406

    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
    • Contact for pricing
      3,047 SF

      Daniel Island Office/Medical Opportunity

      Office/Medical space in Publix-anchored Daniel Island shopping center.
      162 Seven Farms Dr, Charleston, SC 29492
      View Details
    • $17 SF/Yr
      1,600 SF

      Retail Space on Rivers Avenue

      Retail space available in a busy Charleston strip center.
      8510 Rivers Ave, Charleston, SC 29406
      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
    • $60 SF/Yr
      1,920 SF

      King Street Retail Space Available

      New retail space with patio on King Street.
      677 King Street Ext, Charleston, SC 29403
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in West Ashley shopping center.
    Where is this shopping center located?
    The property is located at 1720 S Sam Rittenberg Blvd Charleston, SC.
    What are key features of this property?
    This property features: - Prime location on well-traveled Sam Rittenberg Blvd in West Ashley.; - Excellent visibility and signage opportunities.; - Convenient access for customers.
    (843) 566-2867 Call to check price and availability
    Request Owner's contact information
    1720 S Sam Rittenberg Blvd Charleston, SC 29407
    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.
    1720 S Sam Rittenberg Blvd
    Charleston, SC 29407
    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
    1720 S Sam Rittenberg Blvd Charleston, SC 29407
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Trey E Lucy, Iii
    (843) 566-2867 (843) 856-4600 (843) 606-5455
    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!