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Multi-Suite Office Building
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96 Main St, Hilton Head Island, SC 29926

Five-suite office property with medical occupants, leased space, and additional suites available for occupancy.

Property Size5,425 SF
Days on Market142

Property Features for 96 Main St

General Information

Standard status Active
Size 5,425 SF
Property subtype Office
Net Operating Income $71,772

Financials

Asking Price $975,000
Cap Rate 7.4%
Gross Income $100,440

Additional Details

Office Units 4

Building Details

Buildings 1
Building Size 5,425 SF
Tenancy Multi
Listing Agency: MSK Commercial
Listed By: John Scott · License #SC
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:32PM

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 MSK Commercial

Investment Insights

Based on property information with market context.

This office property contains 5,425 square feet across suites 96A through 96D, with medical office occupants in two suites and additional space identified as available or vacant. The suite schedule includes spaces ranging from 600 to 2,025 square feet. One existing tenant is in the fourth year of a five-year lease with a five-year renewal option, while another lease is scheduled to expire on 12/31/23.

Situated at 96 Main St on Hilton Head Island, the building is configured for multiple office users and includes four separately identified suites. The property has a reported 7.4% cap rate, with operating expenses covering insurance, management, utilities, property taxes, fire monitoring, termite service, and water and sewer.

Key Highlights

  • 5,425 SF office building arranged across suites 96A through 96D
  • Medical office occupants in suites 96A and 96B
  • Suite sizes range from 600 to 2,025 square feet

Property Analytics

Current Use

Scharold Timothy MD Physician Aging Ltd Physician Rich money franchise Corporate Office

Suggested Use

Top Pick Building Supply Hair Salon Auto Parts Store Parking Lot & Garage Storage Facility 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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,160
Businesses Nearby

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

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?
Office building - Five-suite office property with medical occupants, leased space, and additional suites available for occupancy.
Where is this office building located?
The property is located at 96 Main St Hilton Head Island, SC.
What are key features of this property?
This property features: 5,425 SF office building arranged across suites 96A through 96D; Medical office occupants in suites 96A and 96B; Suite sizes range from 600 to 2,025 square feet
More about this property
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