Multi-Tenant Flex Office/Warehouse
For Sale
$2,200,000
9 Hunter Road Hilton Head, Hilton Head Island, SC 29926
Multi-tenant flex building with three tenants, flexible suite configuration options, and ample parking on Hilton Head Island’s north end.
Days on Market166
Property Features for 9 Hunter Road Hilton Head
General Information
Standard status
Active
Property subtype
Industrial
Building Details
Building Size
10,000 SF
Year Built
1989
Listing Agency:
Charter I Commercial
(843) 837-4460
Listed By:
Baker Wilkins · License #31069
(843) 837-4460
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 21
Last Checked: Jul 21 at 5:01AM
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 Charter I Commercial
Investment Insights
Based on property information with market context.
This is an office/warehouse income property offering a multi-tenant flex building on the north end of Hilton Head Island. The building is currently occupied by three tenants, and the layout provides flexibility to create additional tenant suites depending on future needs.
The property includes ample parking, which supports the building’s multi-tenant configuration and tenant access. The offering is available for sale, and the broker can provide lease and financial information upon request.
The property includes ample parking, which supports the building’s multi-tenant configuration and tenant access. The offering is available for sale, and the broker can provide lease and financial information upon request.
Key Highlights
- Multi‑tenant office/warehouse flex building built in 1989 on Hilton Head Island’s north end
- Currently has three tenants, with flexibility to create up to 406 tenant suites based on future tenant needs
- Ample parking included
Financial Insights For Flex RnD
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 | $300.0k | $30.00 |
| − Vacancy | −$24.0k | −$2.40 |
| EGI | $276.0k | $27.60 |
| − OpEx | −$96.6k | −$9.66 |
| NOI | $179.4k | $17.94 |
10,000 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.56M
$2.24M – $2.99M
NOI $179,400 @ 7.0% cap · market cap 8.15%
Second Best
Office B
$1.97M
$1.72M – $2.30M
NOI $137,700 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,200 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29926, SC
24,832
Population
12,642
Households
2
Avg Household Size
56
Median Age
52%
College-Educated
91%
High-School Grad
28.7 sq mi
ZIP Area
865
Density / Sq Mi
$101,573
Median Household Income
$44,019
Median Earnings
$1,448
Median Rent
$600,300
Median Home Value
Market
Properties on Market for Flex space in Hilton Head Island
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chef Lynn Michelle, The East Coast Chef — 21 Mathews Dr, Hilton Head Island, SC 29926
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex building with three tenants, flexible suite configuration options, and ample parking on Hilton Head Island’s north end.
Where is this flex space located?
The property is located at 9 Hunter Road Hilton Head Hilton Head Island, SC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Multi‑tenant office/warehouse flex building built in 1989 on Hilton Head Island’s north end; Currently has three tenants, with flexibility to create up to 406 tenant suites based on future tenant needs; Ample parking included
