Dorchester Road Office Space
For Sale
Contact for pricing
7880-7890 Dorchester Rd, North Charleston, SC
High-traffic location with flexible spaces for professional uses.
Property Size6,600 SF
Lot Size0.67 Acres
Price / SF$193.18
Days on Market278
Property Features for 7880-7890 Dorchester Rd
General Information
Standard status
Active
Size
6,600 SF
Lot size
0.67 Acres
Property subtype
OFFICE
Lease Type
Nnn
Properties For Sale
at 7880-7890 Dorchester Rd Contact us- Floor
- Bldg
- Size
- 6,600 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
7880 - 7890 Dorchester Rd
- HIGH TRAFFIC VISIBLE LOCATION on well traveled Dorchester Rd.
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Listing Agency:
Coldwell Banker Commercial | Atlantic
(843) 478-9594
Listed By:
Ben H Chase · License #SC91676
(843) 478-9594
Source:
Moodyscre
Added: Nov 4, 2025
Changed: Aug 8
Last Checked: Aug 9 at 7:37AM
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 Coldwell Banker Commercial | Atlantic
Investment Insights
Based on property information with market context.
Located on Dorchester Road, this property offers a high-traffic, visible location. The property features recent exterior renovations, including paint, awnings, and pavement. There is ample fenced parking available, with a ratio of 1 space per 140 square feet. The total space is 6,600 square feet, with the possibility of subdividing into 4,350 and 2,250 square foot spaces. The property is suitable for professional medical, architectural, engineering, or construction firms seeking to capitalize on residential and commercial growth within Charleston County. Five- and ten-year leases are accepted, and tenant improvement allowances are negotiable for qualified clients. The property is handicap accessible and has no history of flooding. The current tenant occupies 2,250 square feet on a month-to-month basis and can vacate with 30 days notice.
Key Highlights
- High‑traffic, visible location on Dorchester Rd.
- Subdividable space (4,350 and 2,250 sq ft) suitable for professional firms.
- Ample fenced parking with a ratio of 1:140 sq ft.
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
$88,358
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
6.93%
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%
$1,767,160
$1.8M
Cap Rate 7%
$1,262,257
$1.3M
Cap Rate 9%
$981,756
$981.8K
Market Conditions
NOI Build-Up for 6,600 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
$138.6K $21.00/SF
− Vacancy
−$20.8K −$3.15/SF
EGI
$117.8K $17.85/SF
− OpEx
−$29.5K −$4.46/SF
NOI
$88.4K $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%
$1,767,160
Cap Rate 7%
$1,262,257
Cap Rate 9%
$981,756
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,358 @ 7.0% cap · market cap 6.93%
Second Best
Healthcare Medical
$1.22M
$1.07M – $1.43M
NOI $85,536 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,453 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - High-traffic location with flexible spaces for professional uses.
Where is this office units located?
The property is located at 7880-7890 Dorchester Rd North Charleston, SC.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: High‑traffic, visible location on Dorchester Rd.; Subdividable space (4,350 and 2,250 sq ft) suitable for professional firms.; Ample fenced parking with a ratio of 1:140 sq ft.
