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Class A Medical Office Building
For Lease
$28 SF/Yr

1200 Innovation Way, Mount Pleasant, SC 29466

Renovated medical/office building with ample parking in Mt. Pleasant.

Space SizeContact for details
Days on Market154

Property Features for 1200 Innovation Way

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Charleston
Listed By: Charles Carmody · License #115122
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 25 at 5:45AM

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 CBRE | Charleston

Investment Insights

Based on property information with market context.

This is a renovated, three-story Class A building offering 45,258 square feet of medical and general office space. The first floor is fully leased, including space occupied by MUSC. The building is ready for tenant upfit to suit, and the landlord will provide a generous upfit allowance. Parking is ample, with a ratio of 4.5 spaces per 1,000 square feet. The lease list price is $28.00 per square foot, with operating rent at $11.47 per square foot, plus tenant-paid utilities and in-suite janitorial services. The property is located within walking distance of the Market at Oakland Shopping Center off of Highway 17 in Mt Pleasant, SC.

Key Highlights

  • Fully renovated, Class A office building with 45,258 RSF
  • Ample parking at 4.5/1000
  • First floor fully leased, including MUSC

Property Analytics

Current Use

MUSC Accel Health Medical Clinic MUSC Health Primary ... Medical Clinic Cara Seay Ferguson, ... Pediatrician

Suggested Use

Top Pick Dental Office Restaurant Law Firm Grocery & Convenience Store Auto Repair Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
Under-served
Demand for This Use

Demographics for 29466, SC

42,316
Population
18,125
Households
2.3
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,449
Density / Sq Mi
$130,546
Median Household Income
$62,466
Median Earnings
$2,175
Median Rent
$659,300
Median Home Value

Market

Lease Benchmarks for Mount Pleasant, SC

$22.03 /SF/Yr
Avg Asking Price
$6.16–$34 /SF/Yr
Price Range
18,403 SF
Avg Space Size

This space is priced 27% above the average of $22.03 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Veterinary Emergency Group 2183 N Hwy 17, Mt Pleasant, SC 29466

Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical/office building with ample parking in Mt. Pleasant.
Where is this medical office space located?
The property is located at 1200 Innovation Way Mount Pleasant, SC.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Fully renovated, Class A office building with 45,258 RSF; Ample parking at 4.5/1000; First floor fully leased, including MUSC
More about this property
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