Multi-Tenant Flex Building For
For Sale
$2,200,000
9 Hunter Road, Hilton Head Island, SC 29926
Multi-tenant flex building on Hilton Head Island's north end.
Property Size10,000 SF
Days on Market221
Property Features for 9 Hunter Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Building Details
Building Size
10,000 SF
Year Built
1989
Listing Agency:
NAI Carolina Chapter
Listed By:
Baker Wilkins · License #31069
(843) 247-2470
Source:
Naiglobal
Added: Mar 6
Changed: Aug 14
Last Checked: Oct 12 at 5:34PM
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 NAI Carolina Chapter
Investment Insights
Based on property information with market context.
This multi-tenant flex building is available for sale on the north end of Hilton Head Island. The property currently houses three tenants. There is flexibility to create 406 Tenant Suites depending on future tenant's needs with ample parking. Contact Broker for Lease and Financial Information.
Key Highlights
- Multi‑tenant flex building
- Income property
- Located on the north end of Hilton Head Island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,400
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,588,000
$3.6M
Cap Rate 7%
$2,562,857
$2.6M
Cap Rate 9%
$1,993,333
$2.0M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$300.0K $30.00/SF
− Vacancy
−$24.0K −$2.40/SF
EGI
$276.0K $27.60/SF
− OpEx
−$96.6K −$9.66/SF
NOI
$179.4K $17.94/SF
Area
Beaufort County, SC
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,588,000
Cap Rate 7%
$2,562,857
Cap Rate 9%
$1,993,333
Alternative Uses
Best Use
Flex RnD
$2.56M
$2.24M – $2.99M
NOI $179,400 @ 7.0% cap · market cap 8.15%
Second Best
Industrial
$855.0K
$748.1K – $997.5K
NOI $59,850 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,200 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29926, SC
24,832
Population
12,642
Households
2
Avg Household Size
56
Median Age
52%
College-Educated
91%
High-School Grad
28.7 sq mi
ZIP Area
865
Density / Sq Mi
$101,573
Median Household Income
$44,019
Median Earnings
$1,448
Median Rent
$600,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Chef Lynn Michelle, The East Coast Chef — 21 Mathews Dr, Hilton Head Island, SC 29926
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex building on Hilton Head Island's north end.
Where is this flex space located?
The property is located at 9 Hunter Road Hilton Head Island, SC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Multi‑tenant flex building; Income property; Located on the north end of Hilton Head Island
