Technical
Financial
Distress signals
Property profile

7850 Rivers Ave North Charleston, SC 29406

OFF-MARKET
Office buildings
Property ID
US77-1020470
3,427 SF 0.84 ac lot Built 1990
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,427 square foot executive office building is ideally situated in Charleston County, offering unparalleled visibility and accessibility. Located directly in front of the North Rivers Market Shopping Center, anchored by prominent retailers like Hobby Lobby, Boot Barn, and Party City, this property benefits from high foot traffic and significant brand recognition. The building's convenient location provides easy access to a wide array of dining and retail options, enhancing its appeal to both employees and clients. Previously occupied by a branch bank, the space is ready for immediate occupancy and features ample surface parking with 24 on-site spaces. The property boasts significant frontage, with approximately 190 feet on Rivers Avenue and approximately 200 feet on Northbrook Boulevard, maximizing exposure and brand visibility. The 0.84-acre lot is zoned B-2 within the City of North Charleston, offering flexibility for a variety of uses. The building's single-tenant occupancy provides a unique opportunity for a business seeking a prominent and well-appointed space. The lease rate is $24.00 per square foot, NNN. This is a rare opportunity to secure a high-profile location in a thriving commercial area. The property's size, location, and ample parking make it an ideal choice for a variety of businesses seeking a prestigious and convenient office space. Don't miss this chance to establish your business in a prime Charleston County location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 3,427 SF
Lot 0.84 ac (36,590 SF)
APN 484-00-00-111
UPID US77-1020470

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7850 Rivers Ave North Charleston, SC 29406-4016
North Charleston metro Census 3116 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2024
Last sale
$1.1M
2 recorded transactions
2024
$1.1M
1999
$542,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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