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    Retail Space in CVS-Anchored Center Title is generated by Realmo AI

    1405 Ben Sawyer Boulevard, Mount Pleasant, SC 29464

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    Well-located storefront space in an open-air retail center with strong visibility and flexible layout options.

    Type:Retail
    Property size:
    1,960 SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 2:41 am

    Property Features for 1405 Ben Sawyer Boulevard

    General Information

    Standard status
    Active
    Size
    1,960 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jack Owens, CCIM
    Jack Owens, CCIM

    Listing agent Jack Owens, CCIM License #79410

    Listing office NAI | Charleston

    Listing date Jun 1, 2026

    Source Naicharleston

    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 NAI | Charleston

    HighLights

    • 1,960 SF available for lease in the “Gateway to the Beach” open‑air retail center
    • CVS‑anchored shopping center in Mount Pleasant with tenants ranging from restaurants to retail and services
    • Located at the intersection of McCants Drive and Rifle Range Road with 22,000 VPD traffic counts
    • Close proximity to the beach and the peninsula
    • Space can be combined for one contiguous area or leased separately
    • Lease rate of $24/PSF with NNN

    Overview

    ±1,960 SF retail space is available for lease within the “Gateway to the Beach” open-air shopping center. The center is anchored by CVS and offers a mix of neighborhood-oriented tenants, ranging from restaurants and retail to services. The available space can be combined for one contiguous location or leased separately, giving flexibility for different retail and service concepts.

    Situated in affluent Mount Pleasant, the center is positioned just off Highway 17 toward Sullivan’s Island, near the beach and the peninsula. The property sits at the intersection of McCants Drive and Rifle Range Road, providing excellent visibility. Traffic counts are reported at 22,000 VPD, and the center offers multiple signage opportunities to support brand awareness and customer access.

    This space is a practical fit for retailers and service providers seeking a storefront setting within a well-known, CVS-anchored neighborhood center. The combination option supports operators who may need a larger footprint while maintaining an integrated retail presence. With strong exposure along a primary route and prominent signage, the location is well-suited for brands that benefit from convenient, high-visibility shopping patterns.
    Location Intelligence

    Current Use by Public Records

    My Father's Moustache Bar & Pub Mary Mojo Boutique Clothing & Fashion Store Karen's Korner Frame ... Art Gallery Kiteboarder.com (Bike/Boat/Book/etc) Store Harmony Nails & Spa ... Nail Salon

    Suggested Use

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

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

    Similar Places Nearby

    • Sea Island Shopping Center — 1255 Ben Sawyer Blvd, Mt Pleasant, SC 29464
    • The Garden — 761 Coleman Blvd # B, Mt Pleasant, SC 29464
    • 761 Coleman Boulevard Plaza — 761 coleman blvd # b, mt pleasant, sc 29464

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.855783
    Latitude
    32.792648

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    FAQs

    What type of property is this?
    Shopping center - Well-located storefront space in an open-air retail center with strong visibility and flexible layout options.
    Where is this shopping center located?
    The property is located at 1405 Ben Sawyer Boulevard Mount Pleasant, SC.
    What are key features of this property?
    This property features: 1,960 SF available for lease in the “Gateway to the Beach” open‑air retail center; CVS‑anchored shopping center in Mount Pleasant with tenants ranging from restaurants to retail and services; Located at the intersection of McCants Drive and Rifle Range Road with 22,000 VPD traffic counts
    (843) 696-7653
    We can help!
    Listing Contact
    Jack Owens, CCIM
    Jack Owens, CCIM
    Real Estate License ID: 79410
    Learn More
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    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.

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