Wando Park Second-Floor Office
For Sale
Contact for pricing
421 Wando Park Boulevard #2nd Floor, Mount Pleasant, SC 29464
High-quality office investment in Mount Pleasant's Wando Park business corridor.
Property Size17,349 SF
Price / SF$372.93
Days on Market224
Property Features for 421 Wando Park Boulevard #2nd Floor
General Information
Standard status
Active
Size
17,349 SF
Property subtype
Office
Listing Agency:
Colliers
Listed By:
Pete Harper · License #SC 42090
(843) 329-0108
Source:
Crexi
Added: Feb 25
Changed: Sep 22
Last Checked: Oct 5 at 3:27PM
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 Colliers
Investment Insights
Based on property information with market context.
The entire second-floor office condominium at 421 Wando Park Boulevard is available for sale, presenting an opportunity to acquire a high-quality office investment in Mount Pleasant's Wando Park business corridor. The professional office space features 17,349 square feet of well-appointed layout suitable for single or multi-tenant occupancy. The property offers a modern, professional environment with a combination of private offices, conference rooms, collaborative work areas, and support space. Large windows provide abundant natural light, and common areas are professionally maintained, creating a corporate presence for ownership or tenants. Strategically located just off Long Point Road with immediate access to I-526, the property provides connectivity to Charleston, Daniel Island, and North Charleston. Wando Park Boulevard is surrounded by medical, professional, and corporate users, as well as nearby retail and dining amenities, making it a location for both employees and clients. This offering represents a unique opportunity for an owner-user or investor to secure a premier office asset in one of the Charleston region's suburban office submarkets.
Key Highlights
- Premier office asset in Mount Pleasant's Wando Park business corridor.
- 17,349 square feet of well‑appointed office space ideal for single or multi‑tenant occupancy.**
- Strategic location with immediate access to I‑526 and connectivity to Charleston, Daniel Island, and North Charleston.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$363,028
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,260,560
$7.3M
Cap Rate 7%
$5,186,114
$5.2M
Cap Rate 9%
$4,033,644
$4.0M
Market Conditions
NOI Build-Up for 17,349 SF
Gross rent
$520.5K $30.00/SF
− Vacancy
−$36.4K −$2.10/SF
EGI
$484.0K $27.90/SF
− OpEx
−$121.0K −$6.98/SF
NOI
$363.0K $20.92/SF
Area
Charleston County, SC
Vacancy
7.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,260,560
Cap Rate 7%
$5,186,114
Cap Rate 9%
$4,033,644
Alternative Uses
Best Use
Office B
$5.19M
$4.54M – $6.05M
NOI $363,028 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M
NOI $440,839 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 29464, SC
51,287
Population
26,829
Households
1.9
Avg Household Size
41
Median Age
67%
College-Educated
96%
High-School Grad
30.1 sq mi
ZIP Area
1,704
Density / Sq Mi
$107,215
Median Household Income
$60,066
Median Earnings
$1,973
Median Rent
$672,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - High-quality office investment in Mount Pleasant's Wando Park business corridor.
Where is this office units located?
The property is located at 421 Wando Park Boulevard #2nd Floor Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $6,470,000.
What are key features of this property?
This property features: Premier office asset in Mount Pleasant's Wando Park business corridor.; 17,349 square feet of well‑appointed office space ideal for single or multi‑tenant occupancy.**; Strategic location with immediate access to I‑526 and connectivity to Charleston, Daniel Island, and North Charleston.
