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Multi-Tenant Flex Building
For Sale
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9 Hunter Rd, Hilton Head Island, SC 29926

Multi-tenant flex building with ample parking and flexibility to configure tenant suites.

Property Size10,000 SF
Price / SF$220
Days on Market167

Property Features for 9 Hunter Rd

General Information

Standard status Active
Size 10,000 SF
Property subtype INDUSTRIAL

Building Details

Tenancy Multi
Listing Agency: NAI Carolina Chapter
Listed By: Baker Wilkins · License #31069
Source: Moodyscre
Added: Feb 17 Changed: Jul 29 Last Checked: Jul 29 at 6:33AM

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 NAI Carolina Chapter

Investment Insights

Based on property information with market context.

This multi-tenant flex building is currently home to three tenants and offers flexibility to create up to 406 tenant suites depending on future needs. The property includes ample parking to support day-to-day access and visits.

Offered for sale as a commercial real estate opportunity on the north end of Hilton Head Island.

The building size is approximately 10,000 square feet, with suite configuration flexibility noted in the remarks. Contact the broker for lease and financial information.

Key Highlights

  • Multi‑tenant flex building on the north end of Hilton Head Island
  • Currently has three tenants, with flexibility to create up to 406 tenant suites based on future tenant needs
  • Ample parking on site

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $300.0k $30.00
− Vacancy −$24.0k −$2.40
EGI $276.0k $27.60
− OpEx −$96.6k −$9.66
NOI $179.4k $17.94
10,000 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,400 @ 7.0% cap · market cap 8.15%
Second Best
Industrial
$855.0K
$748.1K – $997.5K (±1% cap)
NOI $59,850 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M (±1% cap)
NOI $211,200 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

SERG Restaurant Group Corporate Office Coastal Installations, Inc. Interior Design

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Locksmith Electrical Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby
Balanced
Demand for This Use

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

Market

Properties on Market for Flex space in Hilton Head Island

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 with ample parking and flexibility to configure tenant suites.
Where is this flex space located?
The property is located at 9 Hunter Rd 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 on the north end of Hilton Head Island; Currently has three tenants, with flexibility to create up to 406 tenant suites based on future tenant needs; Ample parking on site
(843) 247-2470 Call to check price and availability
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