Freestanding Retail
For Sale
Contact for pricing
5880 Rivers Ave, North Charleston, SC 29406
Flexible commercial layout with parking, direct corridor exposure, and access to I-26.
Property Size15,826 SF
Price / SF$176.92
Days on Market177
Property Features for 5880 Rivers Ave
General Information
Standard status
Active
Size
15,826 SF
Total Parking Spaces
65
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
Pretium Commercial Brokerage
Listed By:
Matt Rothstein · License #FL BK3298913
Source:
Crexi
Added: Apr 21
Changed: Oct 5
Last Checked: Oct 12 at 8:36PM
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 Pretium Commercial Brokerage
Investment Insights
Based on property information with market context.
This freestanding retail storefront contains 15,826 square feet along Rivers Avenue in North Charleston. The interior is described as adaptable for retail, showroom, medical, and service-oriented operations, giving an owner-user flexibility in configuring the premises for its business. On-site parking and straightforward ingress and egress support customer and staff access.
The property has frontage and visibility along Rivers Avenue, with signage opportunities identified along the corridor. Access to I-26 connects the site with surrounding residential areas and the broader Charleston MSA. The surrounding commercial setting includes national retailers and local businesses, reinforcing the property’s retail and service-oriented context.
The property has frontage and visibility along Rivers Avenue, with signage opportunities identified along the corridor. Access to I-26 connects the site with surrounding residential areas and the broader Charleston MSA. The surrounding commercial setting includes national retailers and local businesses, reinforcing the property’s retail and service-oriented context.
Key Highlights
- 15,826‑square‑foot freestanding retail storefront
- Frontage and exposure along Rivers Avenue
- Interior suited for retail, showroom, medical, and service‑oriented uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,455
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,669,100
$3.7M
Cap Rate 7%
$2,620,786
$2.6M
Cap Rate 9%
$2,038,389
$2.0M
Market Conditions
NOI Build-Up for 15,826 SF
Gross rent
$284.9K $18.00/SF
− Vacancy
−$22.8K −$1.44/SF
EGI
$262.1K $16.56/SF
− OpEx
−$78.6K −$4.97/SF
NOI
$183.5K $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%
$3,669,100
Cap Rate 7%
$2,620,786
Cap Rate 9%
$2,038,389
Alternative Uses
Best Use
Retail
$2.62M
$2.29M – $3.06M
NOI $183,455 @ 7.0% cap · market cap 6.55%
Second Best
Industrial
$1.07M
$937.0K – $1.25M
NOI $74,956 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$4.30M
$3.76M – $5.01M
NOI $300,821 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29406, SC
32,730
Population
14,542
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
82%
High-School Grad
15.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,640
Median Household Income
$36,741
Median Earnings
$1,305
Median Rent
$209,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with parking, direct corridor exposure, and access to I-26.
Where is this storefront property located?
The property is located at 5880 Rivers Ave North Charleston, SC.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 15,826‑square‑foot freestanding retail storefront; Frontage and exposure along Rivers Avenue; Interior suited for retail, showroom, medical, and service‑oriented uses
