Class A Office
For Sale
Contact for pricing
710 Johnnie Dodds Boulevard, Mount Pleasant, SC 29464
Class A office building with convenient access to the Ravenel Bridge and I-526.
Property Size5,370 SF
Price / SF$371.51
Days on Market151
Property Features for 710 Johnnie Dodds Boulevard
General Information
Standard status
Active
Size
5,370 SF
Class
A
Property subtype
Office
Additional Details
Highway Access
Yes
Listing Agency:
Bridge Commercial
Listed By:
Colby Farmer · License #SC 105835
(843) 535-8600
Source:
Crexi
Added: Apr 14
Changed: Sep 10
Last Checked: Sep 11 at 6:01AM
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 Bridge Commercial
Investment Insights
Based on property information with market context.
Class A office building offering 5,370 SF at 710 Johnnie Dodds Blvd in Mount Pleasant, SC. The property is positioned for office tenants that value straightforward commutes and regional connectivity.
Convenient access to the Ravenel Bridge and I-526 can help support day-to-day travel for staff, clients, and business partners. Downtown Charleston is approximately a 5-minute drive away.
This is a compact, Class A office option with a focused footprint and strong access to major routes through the Charleston area.
Convenient access to the Ravenel Bridge and I-526 can help support day-to-day travel for staff, clients, and business partners. Downtown Charleston is approximately a 5-minute drive away.
This is a compact, Class A office option with a focused footprint and strong access to major routes through the Charleston area.
Key Highlights
- 5,370 SF Class A office building
- Convenient access to the Ravenel Bridge and I‑526
- Approximately a 5‑minute drive to Downtown Charleston
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
$112,367
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
5.63%
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%
$2,247,340
$2.2M
Cap Rate 7%
$1,605,243
$1.6M
Cap Rate 9%
$1,248,522
$1.2M
Market Conditions
NOI Build-Up for 5,370 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
$161.1K $30.00/SF
− Vacancy
−$11.3K −$2.10/SF
EGI
$149.8K $27.90/SF
− OpEx
−$37.5K −$6.98/SF
NOI
$112.4K $20.92/SF
Area
Charleston County, SC
Vacancy
7.00%
Lease Rate
$30.00 /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%
$2,247,340
Cap Rate 7%
$1,605,243
Cap Rate 9%
$1,248,522
Alternative Uses
Best Use
Office B
$1.61M
$1.40M – $1.87M
NOI $112,367 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,452 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,659
Businesses Nearby
Explore this area
Business Placement
Demographics for 29464, SC
51,287
Population
26,829
Households
1.9
Avg Household Size
41
Median Age
67%
College-Educated
96%
High-School Grad
30.1 sq mi
ZIP Area
1,704
Density / Sq Mi
$107,215
Median Household Income
$60,066
Median Earnings
$1,973
Median Rent
$672,400
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building with convenient access to the Ravenel Bridge and I-526.
Where is this office building located?
The property is located at 710 Johnnie Dodds Boulevard Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5,370 SF Class A office building; Convenient access to the Ravenel Bridge and I‑526; Approximately a 5‑minute drive to Downtown Charleston
