Mount Pleasant Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Mount Pleasant is $31.35 per square foot, 8.27% higher compared to the previous year.
  • The market’s vacancy rate stands at 4.71%, lower than the state average of South Carolina, which is 15.01%.
  • 55,727 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $31.35 2025 Avg. Asking Rent
  • 8.27% Y-o-Y Avg. Asking Rent Change
  • 4.71% 2025 Office Vacancy Rate
  • $33.4M2025 Total Office Sales
  • $172.19Avg. Sale Price/SF

What is the average asking rent price for office space in Mount Pleasant?

Average asking rents for office space here stand at $31.35 per square foot. The local office market recorded an average vacancy rate of 4.71% in 2025, unchanged from 4.71% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $33.4M across 4 sales. These transactions commanded an average sale price per square foot of $172.19.

Mount Pleasant, SC Office Asking Rents by Class

What is the average office rent per square foot by property class in SC?

  • Avg. Asking Rent Class A & A+$28.43
  • Avg. Asking Rent Class B$23.01
  • Avg. Asking Rent Class C$16.34

For comparison, the average rent for Class A and A+ office space in South Carolina was $28.43 per square foot. The state-wide average for Class B space was $23.01 per square foot, and Class C office spaces averaged $16.34 per square foot.

Explore Top Office Markets in South Carolina

2025 Office Sales Volume

  • $172.192025 Avg. Price per SF
  • $33.4M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Mount Pleasant?

Average sale prices for office space in this market recorded a -64.13% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $172.19 per square foot. For comparison, the statewide South Carolina average during the same time period stood at $173.94 per square foot, while the national average was $182.48 per square foot.

Mount Pleasant, SC Sale Price per SF Trend

  • Mount Pleasant Avg. Sale Price per SF in 2025$172.19
  • South Carolina Avg. Sale Price per SF in 2025$173.94

What was the total office sales volume in Mount Pleasant in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $33.4M.

  • Mount Pleasant, SC Total Office Sales Volume in 2025 $33.4M
  • Mount Pleasant, SC Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

Office Construction in Mount Pleasant, SC

  • Mount Pleasant, SC Total SF under construction in 2026 55,727

What are the largest recent office completions in Mount Pleasant?

The largest recent office completion here is The Market at Oakland at 74,482 square feet, completed in 2008. The next largest completions are The Tides Medical Arts Center and Gateway Mount Pleasant.

Office building Address SF Completed
Gateway Mount Pleasant 235 Magrath Darby Blvd, 29464 65,000 2018
BluePearl Mount Pleasant Net Leased Veterinary Office 985 Johnnie Dodds Blvd, 29464 14,342 2012
The Market at Oakland 1164 Oakland Market Road, 29466 74,482 2008
The Tides Medical Arts Center 180 Wingo Way, 29464 69,000 2007
Belle Hall II 1671 Belle Isle Avenue, 29464 36,448 2007
Long Point Commerce Center 543 Long Point Road, 29464 2,625 2007
501 Bramson Ct - Unit 1-D 501 Bramson Ct - Unit 1-D, 29464 1,034 2007
±17,349 SF Full-Floor Office Condo For Sale and Lease 421 Wando Park Blvd, 29464 30,000 2006
505 Belle Hall Parkway 505 Belle Hall Parkway, 29464 8,000 2006
1123 Queensborough Blvd 1123 Queensborough Blvd, 29464 6,584 2006
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.