Flex Building with Retail
4405 Dorchester Road North Charleston, SC 29405
4405 Dorchester Road, North Charleston, SC, 29405
Contact for pricing
For Sale
Contact for pricing
Flex building offers retail frontage plus warehouse and mezzanine space with dual access.
Property Size18,621 SF
Price / SF$167.82
Days on Market86
Property Features for 4405 Dorchester Road
General Information
- Standard status
- Active
- Size
- 18,621 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 1985
Listing agency
Bridge Commercial
(843) 535-8600
Listed by
Brooks Courtney · License #104029
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 2:06PM Checked: Jul 21 at 2:06PM
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $335.2k | $18.00 |
| − Vacancy | −$26.8k | −$1.44 |
| EGI | $308.4k | $16.56 |
| − OpEx | −$92.5k | −$4.97 |
| NOI | $215.9k | $11.59 |
18,621 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- 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
- Lowcountry Eats — 1608 Camp Rd, Charleston, SC 29412
FAQs
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
