Renovated Flex
For Sale
Contact for pricing
2520 Oscar Johnson Drive, North Charleston, SC 29405
Two-building property offers office and warehouse configurations with dock access and drive-in loading.
Property Size28,689 SF
Price / SF$0.00
Days on Market137
Property Features for 2520 Oscar Johnson Drive
General Information
Standard status
Active
Size
28,689 SF
Property subtype
Industrial
Warehouse & Industrial
Office Build-Out
8,000 SF
Drive-In Doors
2
Building Details
Buildings
2
Building Size
28,689 SF
Listing Agency:
CBRE - Charleston
Listed By:
Brendan Redeyoff · License #64347
(843) 577-1167
Source:
Cbre
Added: Jun 2
Changed: Oct 3
Last Checked: Oct 16 at 5:43AM
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
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Investment Insights
Based on property information with market context.
This two-building flex property provides 28,689 square feet across a combination of office and warehouse improvements. The larger building contains 20,656 SF, including 8,000 SF of office area arranged over two floors, two drive-in doors, and access to a common dock well. Its layout can accommodate a 12,000 SF suite with approximately 4,000 SF of warehouse and 8,000 SF of office, or an 8,000 SF warehouse configuration with minimal office and one drive-in door.
The 8,033 SF second building is leased. Recent site work includes facade improvements, exterior painting, new landscaping, parking lot seal coating, and new LED lighting in the warehouse. The property is located at 2520 Oscar Johnson Drive in North Charleston, South Carolina.
The 8,033 SF second building is leased. Recent site work includes facade improvements, exterior painting, new landscaping, parking lot seal coating, and new LED lighting in the warehouse. The property is located at 2520 Oscar Johnson Drive in North Charleston, South Carolina.
Key Highlights
- 28,689‑square‑foot two‑building flex campus
- Building 2 totals 20,656 SF with 8,000 SF of two‑floor office space
- Two drive‑in doors and a common dock well on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,580
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,600
$1.4M
Cap Rate 7%
$994,000
$994.0K
Cap Rate 9%
$773,111
$773.1K
Market Conditions
NOI Build-Up for 14,691 SF
Gross rent
$112.8K $7.68/SF
− Vacancy
−$13.4K −$0.91/SF
EGI
$99.4K $6.77/SF
− OpEx
−$29.8K −$2.03/SF
NOI
$69.6K $4.74/SF
Area
North Charleston, SC
Vacancy
11.90%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,600
Cap Rate 7%
$994,000
Cap Rate 9%
$773,111
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,676 @ 7.0% cap · market cap 1,404,828.57%
Second Best
Flex RnD
$2.16M
$1.89M – $2.52M
NOI $151,259 @ 7.0% cap · market cap 1,080,421.43%
Theoretical Best
Office A
$3.99M
$3.49M – $4.65M
NOI $279,247 @ 7.0% cap · market cap 1,994,621.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29405, SC
25,620
Population
13,058
Households
2
Avg Household Size
37
Median Age
27%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$54,566
Median Household Income
$35,887
Median Earnings
$1,196
Median Rent
$266,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Centerplate — North Charleston Coliseum Stadium, 5001 Coliseum Dr, North Charleston, SC 29418
- Firehouse Subs West Montague — 3032 W Montague Ave #104, Charleston, SC 29418
Frequently Asked Questions
What type of property is this?
Flex space - Two-building property offers office and warehouse configurations with dock access and drive-in loading.
Where is this flex space located?
The property is located at 2520 Oscar Johnson Drive North Charleston, SC.
What are key features of this property?
This property features: 28,689‑square‑foot two‑building flex campus; Building 2 totals 20,656 SF with 8,000 SF of two‑floor office space; Two drive‑in doors and a common dock well on site
