Warehouse with Office and
For Sale
Contact for pricing
7252 Investment Drive, North Charleston, SC 29418
4,000 SF warehouse with office space and outdoor storage.
Property Size4,000 SF
Lot Size0.75 Acres
Price / SF$325
Days on Market186
Property Features for 7252 Investment Drive
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.75 Acres
Property subtype
Industrial, Business for Sale
Zoning
City of North Charleston - M-1 - Light Industrial District
Building Details
Year Built
2000
Listing Agency:
Colliers - Charleston, South Carolina
(602) 689-6899
Listed By:
Clarke Attaway · License #110474
Source:
Crexi
Added: Feb 16
Changed: Aug 21
Last Checked: Aug 19 at 11:12PM
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.
The property at 7252 Investment Drive is a warehouse totaling approximately 4,000 square feet, situated on a 0.75-acre lot. The building includes 1,287 square feet of office space and 2,713 square feet of warehouse area. The warehouse is equipped with two grade-level drive-in doors, measuring 10 feet by 10 feet and 12 feet by 14 feet. The property is partially fenced and offers additional outdoor storage space behind the building that is currently not in use. The seller intends to execute a short-term leaseback on the property.
Key Highlights
- +/-4,000 SF warehouse space on 0.75 acres.
- Includes 1,287 SF of office space and 2,713 SF of warehouse space.
- Features two grade‑level drive‑in doors (10'x10' and 12'x14').
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
$53,550
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
4.12%
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%
$1,071,000
$1.1M
Cap Rate 7%
$765,000
$765.0K
Cap Rate 9%
$595,000
$595.0K
Market Conditions
NOI Build-Up for 4,000 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
$84.0K $21.00/SF
− Vacancy
−$12.6K −$3.15/SF
EGI
$71.4K $17.85/SF
− OpEx
−$17.9K −$4.46/SF
NOI
$53.6K $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%
$1,071,000
Cap Rate 7%
$765,000
Cap Rate 9%
$595,000
Alternative Uses
Best Use
Office B
$765.0K
$669.4K – $892.5K
NOI $53,550 @ 7.0% cap · market cap 4.12%
Second Best
Warehouse
$328.6K
$287.6K – $383.4K
NOI $23,005 @ 7.0% cap · market cap 1.77%
Theoretical Best
Office A
$1.09M
$950.4K – $1.27M
NOI $76,032 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Well-served
Demand for This Use
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 Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- American Storage — North Charleston, SC 29418
- Public Storage — 2830 Ashley Phosphate Rd, North Charleston, SC 29418
- Allied Van Lines — 7233 Peppermill Pkwy Suite A, North Charleston, SC 29418
- Westbrook Charleston LLC. — 3225 Fortune Dr suite c, North Charleston, SC 29418
- CubeSmart Self Storage — 3260 Ashley Phosphate Rd, North Charleston, SC 29418
Frequently Asked Questions
What type of property is this?
Warehouse - 4,000 SF warehouse with office space and outdoor storage.
Where is this warehouse located?
The property is located at 7252 Investment Drive North Charleston, SC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: +/-4,000 SF warehouse space on 0.75 acres.; Includes **1,287 SF of office space** and 2,713 SF of warehouse space.; Features **two grade‑level drive‑in doors** (10'x10' and 12'x14').
