Manufacturing Facility with
For Sale
Contact for pricing
7221 Investment Dr, North Charleston, SC 29418
Fully leased industrial facility with specialized laboratories, shipping operations, administrative offices, and technical building systems.
Property Size18,471 SF
Lot Size1.70 Acres
Price / SF$335.66
Days on Market208
Property Features for 7221 Investment Dr
General Information
Standard status
Active
Size
18,471 SF
Class
A
Lot size
1.70 Acres
Property subtype
Industrial, Special Purpose
Zoning
M-1 Light Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Warehouse & Industrial
Clear Height
26 ft
Dock-High Doors
1
Drive-In Doors
1
Power
400 amps
Three-Phase Power
Yes
Building Details
Year Built
1990
Year Renovated
2026
Tenancy
Single
Building Size
18,471 SF
Listing Agency:
Colliers - Charleston, South Carolina
(843) 203-1056
Listed By:
Jon-Michael Brock · License #95977
Source:
Crexi
Added: Feb 3
Changed: Aug 30
Last Checked: Aug 30 at 7:33AM
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 Colliers - Charleston, South Carolina
Investment Insights
Based on property information with market context.
This 18,471-square-foot manufacturing facility occupies approximately 1.70 acres and is configured for laboratory production, shipping, and administration. The interior includes multiple organic and inorganic chemistry laboratories, specialized HVAC systems, shipping functions, and office areas. The property is fully leased and zoned M-1 Light Industrial.
Built in 1990, the facility received extensive technical renovations in 2014. Additional improvements are planned for 2026. Physical features include 26-foot clear heights, one dock-high door, one drive-in door, 400-amp three-phase power, a gable metal roof recoated in 2022, and surface parking. The property is located in North Charleston's established industrial corridor at 7221 Investment Drive.
Built in 1990, the facility received extensive technical renovations in 2014. Additional improvements are planned for 2026. Physical features include 26-foot clear heights, one dock-high door, one drive-in door, 400-amp three-phase power, a gable metal roof recoated in 2022, and surface parking. The property is located in North Charleston's established industrial corridor at 7221 Investment Drive.
Key Highlights
- 18,471 SF manufacturing and laboratory facility on approximately 1.70 acres
- Fully leased property with organic and inorganic chemistry laboratories
- 26‑foot clear heights with one dock‑high door and one drive‑in door
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
$190,177
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
3.07%
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%
$3,803,540
$3.8M
Cap Rate 7%
$2,716,814
$2.7M
Cap Rate 9%
$2,113,078
$2.1M
Market Conditions
NOI Build-Up for 18,471 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
$332.5K $18.00/SF
− Vacancy
−$39.9K −$2.16/SF
EGI
$292.6K $15.84/SF
− OpEx
−$102.4K −$5.54/SF
NOI
$190.2K $10.30/SF
Area
North Charleston, SC
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$3,803,540
Cap Rate 7%
$2,716,814
Cap Rate 9%
$2,113,078
Alternative Uses
Best Use
Flex RnD
$2.72M
$2.38M – $3.17M
NOI $190,177 @ 7.0% cap · market cap 3.07%
Second Best
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,230 @ 7.0% cap · market cap 1.71%
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M
NOI $351,097 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
26 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Demographics for 29418, SC
24,154
Population
12,334
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,830
Density / Sq Mi
$62,421
Median Household Income
$41,287
Median Earnings
$1,277
Median Rent
$234,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully leased industrial facility with specialized laboratories, shipping operations, administrative offices, and technical building systems.
Where is this manufacturing property located?
The property is located at 7221 Investment Dr North Charleston, SC.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: 18,471 SF manufacturing and laboratory facility on approximately 1.70 acres; Fully leased property with organic and inorganic chemistry laboratories; 26‑foot clear heights with one dock‑high door and one drive‑in door
