Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Landmark Center Retail/Office Space Title is generated by Realmo AI

    49 Pennington Drive Unit 2F, Bluffton, SC 29910

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,000/Mo $19 SF/Yr (calc)

    Retail or office space in Bluffton's Landmark Center.

    Type:Office
    Property size:
    1,250 SF
    Added:
    Nov 21, 2025
    Days on Market:
    179
    Last Refresh:
    Apr 5 at 10:51 pm

    Property Features for 49 Pennington Drive Unit 2F

    General Information

    Standard status
    Active
    Size
    1,250 SF
    Property subtype
    Office

    Spaces For Lease

    at 49 Pennington Drive Unit 2F Contact us

    We can help!

    Listing Contact
    Baker Wilkins
    Baker Wilkins

    Listing agent Baker Wilkins License #31069

    Listing office NAI Carolina Chapter

    Listing date Nov 21, 2025

    Source Naiglobal

    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 NAI Carolina Chapter

    HighLights

    • Easy access to all of Bluffton and minutes from Hilton Head Island.
    • Ready for Occupancy.
    • Four dedicated parking spaces (2 front, 2 back).
    • Double doors in back for easy deliveries and shipping.
    • Reception area, conference room, and large work room with built‑in desks.
    • Signage allowed above the unit and front door.

    Overview

    Located in Sheridan Park off Highway 278 in Bluffton, this retail or office space is situated in Landmark Center. Unit F features a reception area, a conference room, and a large work room equipped with built-in desks around the perimeter. Additional storage space is available on the second floor. The unit includes double doors in the back to facilitate deliveries and shipping. Signage is permitted above each unit on the building and on the front door. The location provides easy access to all of Bluffton and is just minutes from the bridge to Hilton Head Island. The tenant will have access to two parking spaces in the front of the building and two spaces in the back. The property is ready for occupancy and has a size of 1250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Low Country Family ... Counselor SNS Technologies Telecommunications Service Coastal Grief Support. Counselor American Paving Design ... General Contractor UW Sports Ministry Charitable Organization

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bluffton
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.8585
    Latitude
    32.2641

    Nearby Similar for Lease

    • $25 SF/Yr
      8,000 SF

      New Bluffton Flex and Retail

      New flex and retail buildings in the heart of Bluffton.
      5 Kitties Landing , Bluffton, SC 29910
      View Details
    • $27 SF/Yr
      2,930 SF

      Westbury Park Class A Office

      Class A office space for lease in Westbury Park.
      12 Arley Way, Ste 201, Bluffton, SC 29910
      View Details
    • $35 SF/Yr
      10,130 SF

      Retail/Office/Medical Building For Sale

      Pre-leasing retail/office/medical building in the heart of Bluffton.
      128 Bluffton Road, 29910, SC Bluffton
      View Details
    • $43 SF/Yr
      13,200 SF

      Class A Office & Lifestyle Center

      Two-story office building in a park-like setting with walking trails.
      255 New Riverside Village Way, Bluffton, SC 29910
      View Details
    • $36 SF/Yr
      3,970 SF

      Highway 170 Retail/Office/Medical Space

      Retail, office, or medical space for sale on Highway 170.
      48 Terrace Drive, Okatie, SC 29909
      View Details
    • $25 SF/Yr
      11,360 SF

      New Bluffton Flex/Retail Buildings

      Two new buildings for sale in Bluffton, South Carolina.
      5 Kitties Landing , Bluffton, SC 29910
      View Details
    • $28 SF/Yr
      3,870 SF

      Bluffton Office/Medical Suites Available

      Class A office and medical suites for rent in Bluffton.
      2 WESTBURY PKWY, Bluffton, SC
      View Details
    • $2,000/Mo

      Landmark Center Retail/Office Space

      Retail or office space in Bluffton's Landmark Center.
      49 Pennington Drive, Unit 2F, Bluffton, SC 29910
      View Details
    • $25 SF/Yr
      3,774 SF

      Class A Office Space

      Class A office building for lease in Buckwalter Place.
      1 Carecore Dr, Bluffton, SC
      View Details
    • $35 SF/Yr

      Bluffton Retail/Office/Medical Building

      Pre-leasing single-story retail/office/medical building in the heart of Bluffton.
      128 Bluffton Road, 29910, SC Bluffton
      View Details
    • $21 SF/Yr
      3,539 SF

      Bluffton Retail/Showroom Space Available

      Retail/Showroom space for lease in Bluffton, South Carolina.
      53 Persimmon St, Bluffton, SC
      View Details
    • $30 SF/Yr

      Buckwalter Parkway Commercial Spaces

      Shell and white box spaces available for lease in Bluffton.
      8241 Pinellas Drive, Bluffton, SC 29910
      View Details

    FAQs

    What type of property is this?
    Office units - Retail or office space in Bluffton's Landmark Center.
    Where is this office units located?
    The property is located at 49 Pennington Drive Unit 2F Bluffton, SC.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Easy access to all of Bluffton and minutes from Hilton Head Island.; Ready for Occupancy.; **Four dedicated parking spaces** (2 front, 2 back).
    (843) 837-4460
    We can help!
    Listing Contact
    Baker Wilkins
    Baker Wilkins
    Real Estate License ID: 31069
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    49 Pennington Drive, Unit 2F, Bluffton, SC 29910
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!