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

    377 King Street Ext, Unit A Charleston, SC 29401

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

    Retail space available for sublease or assignment in Charleston.

    Property Features for 377 King Street Ext

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Reeves Major
    Source: Crexi

    Listing Agency: JLL - Charleston, South Carolina Listing Agent: Reeves Major

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

    Learn more

    Overview

    Retail Space on King Street

    This retail space, located at 377 King Street # A in Charleston, SC 29401, is available for sublease or assignment. Ownership is open to considering a new deal for a qualified tenant. Contact broker for details.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9517955
    Latitude
    32.8139753

    Nearby Similar for Lease

    • $44 SF/Yr

      Move-in Ready Office/Retail Space

      Office or retail space with on-site parking on Shem Creek.
      103 Church St, Charleston, SC 29464
      View Details
    • Contact for pricing

      Flagship Retail Space on King

      Prime retail space in Charleston's luxury shopping district.
      360 King St, Charleston, SC 29401
      View Details
    • Contact for pricing
      1,692 SF

      Retail Space in Class-A Center

      Class-A neighborhood center anchored by Publix, surrounded by residential development.
      730 Hopewell Dr, Charleston, SC 29492
      View Details
    • Sponsored
      Contact for pricing

      Downtown Charleston

      Discover many ways to work your way in Downtown Charleston
      170 Floors, Charleston, SC 29401
      View Details
    • $24 SF/Yr
      78,394 SF

      Furnished Office Building Sublease Opportunity

      Well-appointed, fully furnished office building available for sublease.
      125 Fairchild St, Charleston, SC 29492
      View Details
    • $22 SF/Yr

      Charleston Historic District Office Space

      Renovated office suites with harbor views in historic Charleston.
      2 Cumberland St, Charleston, SC 29401
      View Details
    • $29 SF/Yr

      Downtown Charleston Freestanding Building

      Freestanding building in historic downtown Charleston for lease.
      276 East Bay St, Charleston, SC 29401
      View Details
    • $20 SF/Yr

      James Island Office Space Available

      Office space for lease in a convenient Charleston location.
      125 Wappoo Creek Dr, Charleston, SC 29412
      View Details
    • $45 SF/Yr

      Prime Retail Space on George

      Retail space for lease in downtown Charleston near King Street.
      51 George St, Charleston, SC 29401
      View Details
    • $43 SF/Yr
      9,675 SF

      Class A Office Space

      Multi-tenant office building in Charleston's Historic District.
      100 Calhoun St, 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

    FAQs

    What type of property is this?
    Retail space - Retail space available for sublease or assignment in Charleston.
    Where is this retail space located?
    The property is located at 377 King Street Ext, Unit A Charleston, SC.
    What are key features of this property?
    This property features: - Available for sublease or assignment.; - Ownership would consider new deal for a qualified tenant.; - Contact broker for details.
    Request Owner's contact information
    377 King Street Ext, Unit A Charleston, SC 29401
    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.
    377 King Street Ext, Unit A
    Charleston, SC 29401
    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
    377 King Street Ext, Unit A Charleston, SC 29401
    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!
    Listing Contact
    Reeves Major
    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!