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11706 Mercy Blvd 8,025 SF 100% Leased Office Building Savannah, GA 31419 $3,140,820 CAD ($391.38 CAD/SF) 6.67% Cap Rate

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INVESTMENT HIGHLIGHTS

  • On Campus Medical Office Building

EXECUTIVE SUMMARY

An 8,000 sf tenanted MOB directly opposite St Josephs Candler hospital in Savannah GA

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $251,489 $31.34
Other Income - -
Vacancy Loss - -
Effective Gross Income $251,489 $31.34
Taxes $18,409 $2.29
Operating Expenses $25,607 $3.19
Total Expenses $44,016 $5.48
Net Operating Income $207,473 $25.85

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $251,489
Annual Per SF $31.34
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $251,489
Annual Per SF $31.34
Taxes (CAD)
Annual $18,409
Annual Per SF $2.29
Operating Expenses (CAD)
Annual $25,607
Annual Per SF $3.19
Total Expenses (CAD)
Annual $44,016
Annual Per SF $5.48
Net Operating Income (CAD)
Annual $207,473
Annual Per SF $25.85

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,025 SF
Building Class
B
Year Built/Renovated
1974/2000
Price
$3,140,820 CAD
Price Per SF
$391.38 CAD
Cap Rate
6.67%
NOI
$209,388 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,025 SF
Building FAR
0.43
Lot Size
0.43 AC
Zoning
I-P - Office or other use
Parking
28 Spaces (3.49 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Wheelchair Accessible

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Gastroenterology Consultants of Savannah,
  • Health Care and Social Assistance
  • 4,606 SF
  • $39.27 CAD
  • Modified Gross
  • Aug 2027
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Gastroenterology Consultants of Savannah, Health Care and Social Assistance 4,606 SF $39.27 CAD Modified Gross Aug 2027

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2075402034
Land Assessment
$186,891 CAD (2025)
Improvements Assessment
$216,338 CAD (2025)
Total Assessment
$403,228 CAD (2025)
Annual Taxes
$18,409 CAD ($2.29 CAD/SF)
Tax Year
2023
  • Listing ID: 36629992

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 11706 Mercy Blvd, Savannah, GA 31419

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