North Charleston Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $24.83 2024 Avg. Asking Rent
  • 18.85% 2024 Office Vacancy Rate

North Charleston office price per square foot in 2024 was $24.83 on average. The local office market recorded an average vacancy rate of 18.85% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • North Charleston Class A & A+ Office Space$29.70
  • North Charleston Class B Office Space$24.15
  • South Carolina Class A & A+ Office Space$31.11
  • South Carolina Class B Office Space$22.46
  • South Carolina Class C Office Space$17.44

North Charleston, SC Office Asking Rents by Class

2024 Office Vacancy Rates in North Charleston

Submarket Asking Rents Vacancy Rates
Charleston - North Central $33.22 29.20%
North Charleston $25.04 19.74%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the North Charleston market was 18.85% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in North Charleston was 19.74% in the North Charleston submarket, while the highest office vacancy in the market was 29.20%, recorded in Charleston - North Central.

Office Spaces for Rent in South Carolina

Coworking Spaces in South Carolina

2024 Office Construction in North Charleston, SC

  • North Charleston, SC Total SF completed in 2024 26,000

During 2024, 26,000 square feet of new office space were delivered across the market. At the close of 2024, the North Charleston office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 26,000 square feet of office space.

Largest Office Properties Recently Completed in North Charleston
Office building Address SF Completed
4340 Spruill Ave 4340 Spruill Ave, 29405 4,092 2022
River Oaks Center 4401 Leeds Avenue, 29405 106,000 2018
Faber Plaza 4400 Leeds Avenue, 29405 125,000 2016
Faber Pointe 4105 Faber Place Drive, 29405 75,000 2013
Remount II 1141 Remount Road, 29406 105,150 2011
Faber Centre 4000 Faber Place Drive, 29405 95,625 2008
Montague Oaks Office Park 3520 W Montague Ave, 29418 12,002 2007
The Executive Park at Faber Place - Ashley Overlook 4390 Belle Oaks Drive, 29405 105,000 2006
Oaks at Centre Pointe 4969 Centre Pointe Drive, 29418 41,920 2006
8420 Dorchester Road 8420 Dorchester Road, 29420 9,129 2005

Worth noting among recent office completions on the North Charleston market is 4340 Spruill Ave, which is currently the largest new office development in the city, at 4,092 square feet.

Data provided by Commercial Edge

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all North Charleston commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.