Leased Office
New
For Sale
$529,900
5401 Netherby Lane #Ste 102, North Charleston, SC 29420
The suite combines private offices, a conference room, reception space, a kitchenette and two restrooms.
Property Size2,000 SF
Price / SF$264.95
Days on Market2
Property Features for 5401 Netherby Lane #Ste 102
General Information
Standard status
Active
Size
2,000 SF
Class
Class A
Property subtype
Commercial
Zoning
B-1 Limited Business
Occupancy
100%
Site & Location
Neighborhood
Windsor Hill Plantation
Highway Access
Yes
Additional Details
Condition
Turnkey
Tenant in Place
Yes
Property Use
Office
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
Century 21 Properties Plus
Listed By:
Ryan Snyder · License #22243
(843) 494-3624
Source:
Thecassinagroup
Added: Oct 28
Last Checked: Oct 28 at 4:05PM
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 Century 21 Properties Plus
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Investment Insights
Based on property information with market context.
Suite 102 is a 2,000 SF Class A office condominium built in 2005 and leased to a single tenant under a new lease. The interior contains four private offices, a conference room, reception area, kitchenette and two restrooms. The tenant pays water and electricity.
The unit is at 5401 Netherby Lane in White Hall Center, a professional park near Dorchester Road (Hwy 642). Businesses at the center include dental, dermatology, orthodontic, legal and wellness practices. Shared parking serves the property, with access to I-26, I-526, Joint Base Charleston and Charleston International Airport. The suite is zoned B-1 Limited Business in Dorchester County.
The unit is at 5401 Netherby Lane in White Hall Center, a professional park near Dorchester Road (Hwy 642). Businesses at the center include dental, dermatology, orthodontic, legal and wellness practices. Shared parking serves the property, with access to I-26, I-526, Joint Base Charleston and Charleston International Airport. The suite is zoned B-1 Limited Business in Dorchester County.
Key Highlights
- 2,000 SF Class A office condominium, built in 2005
- Single‑tenant occupancy under a new lease; tenant pays water and electricity
- Four private offices, conference room, reception area, kitchenette and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,775
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,500
$535.5K
Cap Rate 7%
$382,500
$382.5K
Cap Rate 9%
$297,500
$297.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$42.0K $21.00/SF
− Vacancy
−$6.3K −$3.15/SF
EGI
$35.7K $17.85/SF
− OpEx
−$8.9K −$4.46/SF
NOI
$26.8K $13.39/SF
Area
North Charleston, SC
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,500
Cap Rate 7%
$382,500
Cap Rate 9%
$297,500
Alternative Uses
Best Use
Office B
$382.5K
$334.7K – $446.3K
NOI $26,775 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 29420, SC
23,619
Population
9,537
Households
2.5
Avg Household Size
36
Median Age
31%
College-Educated
87%
High-School Grad
10.0 sq mi
ZIP Area
2,362
Density / Sq Mi
$69,043
Median Household Income
$40,949
Median Earnings
$1,506
Median Rent
$283,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite combines private offices, a conference room, reception space, a kitchenette and two restrooms.
Where is this office unit located?
The property is located at 5401 Netherby Lane #Ste 102 North Charleston, SC.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 2,000 SF Class A office condominium, built in 2005; Single‑tenant occupancy under a new lease; tenant pays water and electricity; Four private offices, conference room, reception area, kitchenette and two restrooms
