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Class A Mixed-Use Asset
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Pending

766 S Shelmore Blvd, Mount Pleasant, SC 29464

63,061 SF mixed-use property in Mount Pleasant, SC.

Property Size63,061 SF
Lot Size9.24 Acres
Days on Market156

Property Features for 766 S Shelmore Blvd

General Information

Standard status Pending
Size 63,061 SF
Class A
Lot size 9.24 Acres
Property subtype Mixed Use, Office, Retail
Occupancy 96%

Building Details

Year Built 2002
Year Renovated 2020
Buildings 3
Stories 1
Tenancy Multi
Listing Agency: Berkeley Capital Advisors Charleston
Listed By: Gus Bowen · License #NC 314783
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Jul 24 at 10:13AM

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 Berkeley Capital Advisors Charleston

Investment Insights

Based on property information with market context.

The Shelmore is a 63,061 square foot Class A mixed-use asset situated on 9.24 acres. It is located in Mount Pleasant's office submarket, which has a low vacancy rate of 5.4%. The property is comprised of 100% service-oriented retail, anchored by food and beverage operators, and a diversified office tenant base. The surrounding area has affluent consumer demographics, with average household incomes exceeding $182,000 within a 5-minute drive. The asset provides inflation protection through a 3.93% 10-year CAGR, supported by contractual 2-3% annual rent escalations across 100% of the rent roll. Approximately 70% of tenants reaching landlord control within seven years.

Key Highlights

  • Class A mixed‑use asset on 9.24 acres.
  • Anchored by dominant food & beverage operators with 100% service‑oriented retail.
  • Located in Mount Pleasant's supply‑constrained office submarket with a low vacancy rate (5.4%).

Property Analytics

Current Use

Second State Coffee Cafe & Coffee Shop M Salon Hair Salon Playa Bowls Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Carpet & Flooring Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 63,061 SF mixed-use property in Mount Pleasant, SC.
Where is this mixed-use property located?
The property is located at 766 S Shelmore Blvd Mount Pleasant, SC.
What are key features of this property?
This property features: Class A mixed‑use asset on 9.24 acres.; Anchored by dominant food & beverage operators with 100% service‑oriented retail.; Located in Mount Pleasant's supply‑constrained office submarket with a low vacancy rate (5.4%).
More about this property
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