Corner Office Building with
597 Old Mt Holly Rd Goose Creek, SC 29445
597 Old Mt Holly Rd, Goose Creek, SC, 29445
Contact for pricing
For Sale
Contact for pricing
Pending
Office building with abundant parking and diverse tenant mix.
Property Size11,323 SF
Days on Market757
Property Features for 597 Old Mt Holly Rd
General Information
- Standard status
- Pending
- Size
- 11,323 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing Agency
Oswald Cooke & Associates
(843) 388-5650
Listed by
Edward Oswald · License #SC 81680
Source
Crexi
Added: Jun 24, 2024 Updated: Jul 10 at 11:18 am Checked: Jul 19 at 5:09 am
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 Oswald Cooke & Associates
Investment Insights
Based on property information with market context.
This office building is located at a corner intersection and surrounded by new developments. Suite 206 features private balconies and generator services. Suites within the building have staircases connecting each floor. The property includes abundant parking with 160 spaces in a vast parking garage. Common areas include large restrooms and elevators. Current tenants include Pinnacle Financial, Lifestance Health, Edward Jones, Check N Go, Cane Bay Orthodontics, The Lovely Law Firm, Colleen Taylor Law, Sensational Smiles of Charleston, and Modern Woodmen. The property has a size of 11323 square feet.
Key Highlights
- Abundant parking with 160 spaces and a vast parking garage.
- Corner intersection location with new developments in every direction.
- Suites have a staircase connecting each floor.
Local Financial Insights For Office B
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 | $237.8k | $21.00 |
| − Vacancy | −$35.7k | −$3.15 |
| EGI | $202.1k | $17.85 |
| − OpEx | −$50.5k | −$4.46 |
| NOI | $151.6k | $13.39 |
11,323 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.17M
$1.89M – $2.53M
NOI $151,587 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,494 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with abundant parking and diverse tenant mix.
Where is this office building located?
The property is located at 597 Old Mt Holly Rd Goose Creek, SC.
What is the asking price?
The asking price for this property is $1,924,910.
What are key features of this property?
This property features: Abundant parking with **160 spaces and a vast parking garage.**; Corner intersection location with new developments in every direction.; Suites have a staircase connecting each floor.
