Flex Building with Retail
For Sale
Contact for pricing
Pending
4405 Dorchester Road, North Charleston, SC 29405
Flex building offers retail frontage plus warehouse and mezzanine space with dual access.
Property Size18,621 SF
Days on Market178
Property Features for 4405 Dorchester Road
General Information
Standard status
Pending
Size
18,621 SF
Property subtype
Office, Retail, Industrial
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Tenancy
Single
Listing Agency:
Bridge Commercial
Listed By:
Brooks Courtney · License #104029
(843) 535-8600
Source:
Crexi
Added: Apr 28
Changed: Oct 9
Last Checked: Oct 20 at 9:08PM
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 Bridge Commercial
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Investment Insights
Based on property information with market context.
This flex building includes retail frontage, warehouse space, and mezzanine areas with a second-floor warehouse and mezzanine that can be converted into office space. The configuration supports multiple functional uses within the same structure, with both warehouse and upper-level space available.
The property is located on Dorchester Road in North Charleston, with proximity to I-26, I-526, and Charleston International Airport. Prime visibility and dual access support convenient arrival and circulation for occupants and visitors.
Overall, the building’s mix of retail-facing space and warehouse/mezzanine improvements provides a flexible footprint for businesses seeking both customer-facing frontage and on-site storage or operations space.
The property is located on Dorchester Road in North Charleston, with proximity to I-26, I-526, and Charleston International Airport. Prime visibility and dual access support convenient arrival and circulation for occupants and visitors.
Overall, the building’s mix of retail-facing space and warehouse/mezzanine improvements provides a flexible footprint for businesses seeking both customer-facing frontage and on-site storage or operations space.
Key Highlights
- 1985‑built ±18,621 SF flex building with retail frontage, warehouse space, and mezzanine areas
- Includes 2nd‑floor warehouse and mezzanine areas that can be converted into office space
- Dual access to the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,855
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,317,100
$4.3M
Cap Rate 7%
$3,083,643
$3.1M
Cap Rate 9%
$2,398,389
$2.4M
Market Conditions
NOI Build-Up for 18,621 SF
Gross rent
$335.2K $18.00/SF
− Vacancy
−$26.8K −$1.44/SF
EGI
$308.4K $16.56/SF
− OpEx
−$92.5K −$4.97/SF
NOI
$215.9K $11.59/SF
Area
North Charleston, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,317,100
Cap Rate 7%
$3,083,643
Cap Rate 9%
$2,398,389
Alternative Uses
Best Use
Retail
$3.08M
$2.70M – $3.60M
NOI $215,855 @ 7.0% cap · market cap 6.91%
Second Best
Flex RnD
$2.74M
$2.40M – $3.20M
NOI $191,722 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$5.06M
$4.42M – $5.90M
NOI $353,948 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Lowcountry Eats — 1608 Camp Rd, Charleston, SC 29412
- Roscoes Diner — 2705 Bonds Ave, North Charleston, SC 29405
- Chug-a-Lug Wagon — 2652 bonds ave unit 206, north charleston, sc 29405
- Farrah’s Backyard Catering — 3555 Dorchester Rd, North Charleston, SC 29405
- Cast Iron Food Truck and Catering — 3555 Dorchester Rd, North Charleston, SC 29405
Frequently Asked Questions
What type of property is this?
Flex space - Flex building offers retail frontage plus warehouse and mezzanine space with dual access.
Where is this flex space located?
The property is located at 4405 Dorchester Road North Charleston, SC.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: 1985‑built ±18,621 SF flex building with retail frontage, warehouse space, and mezzanine areas; Includes 2nd‑floor warehouse and mezzanine areas that can be converted into office space; Dual access to the building
