Highly Visible Flex
For Sale
Contact for pricing
6333 Fain St, North Charleston, SC 29406
Well-built flex space with office buildout and HVAC, with highly visible signage from I-26.
Property Size12,000 SF
Price / SF$208.33
Days on Market115
Property Features for 6333 Fain St
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Additional Details
Highway Access
Yes
Properties For Sale
at 6333 Fain St Contact us- Floor
- Bldg
- Size
- 12,000 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
6333 Fain St
- Highly visible and well recognized flex space.
- Nicely built out offices with...
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Listing Agency:
RealtyLink | Charleston
(843) 769-6065
Listed By:
Phil Rose · License ##53041
(843) 270-3280
Source:
Moodyscre
Added: May 13
Changed: Sep 3
Last Checked: Sep 1 at 10:14PM
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 RealtyLink | Charleston
Investment Insights
Based on property information with market context.
This highly visible flex space includes nicely built out offices with HVAC, designed to support both operational and office needs in one facility. The building also features signage that is highly visible from I-26, helping brand recognition and wayfinding for prospective customers and clients.
Located at 6333 Fain St in North Charleston, SC, the property benefits from direct visibility to interstate traffic via its I-26 signage.
Located at 6333 Fain St in North Charleston, SC, the property benefits from direct visibility to interstate traffic via its I-26 signage.
Key Highlights
- Well‑built flex space with office buildout
- Offices include HVAC
- Building signage is highly visible from I‑26
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$160,650
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,000
$3.2M
Cap Rate 7%
$2,295,000
$2.3M
Cap Rate 9%
$1,785,000
$1.8M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$252.0K $21.00/SF
− Vacancy
−$37.8K −$3.15/SF
EGI
$214.2K $17.85/SF
− OpEx
−$53.6K −$4.46/SF
NOI
$160.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,000
Cap Rate 7%
$2,295,000
Cap Rate 9%
$1,785,000
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $160,650 @ 7.0% cap · market cap 6.43%
Second Best
Flex RnD
$1.77M
$1.54M – $2.06M
NOI $123,552 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M
NOI $228,096 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Well-built flex space with office buildout and HVAC, with highly visible signage from I-26.
Where is this flex space located?
The property is located at 6333 Fain St North Charleston, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Well‑built flex space with office buildout; Offices include HVAC; Building signage is highly visible from I‑26
