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14045 Abercorn St - Savannah Mall 51,800 SF Office Condo Unit Offered at $8,092,160 CAD in Savannah, GA 31419



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Attractive Yield
- 6 years remaining in a 10-year term
- Market Strength- 2% vacancy underscores demand and stability
EXECUTIVE SUMMARY
Property Description – 14045 Abercorn Street, Suite 1503 Suite 1503 at 14045 Abercorn Street represents a unique adaptive reuse success story in one of Savannah’s strongest commercial corridors. The 51,800 square foot space was originally occupied by Virginia College, offering a highly improved educational layout with expansive classrooms, wide hallways, and abundant common areas. Following the college’s closure, the property was transformed by the current tenant, MCI/OnBrand24, into a state-of-the-art call center and customer service hub. The former academic design provided an ideal foundation for repositioning: Large, open-format rooms were easily converted into flexible workstations to accommodate hundreds of employees. Abundant parking allows the site to comfortably support a high employee count, a critical feature for call center operations. Regional mall setting delivers exceptional visibility, access to public transit, and proximity to a dense labor pool — making the location highly attractive for employee commuting and recruitment. Today, the property serves as an established operations hub for MCI/OnBrand24, who have committed to a new 10-year absolute NNN lease. The combination of long-term tenancy, modernized infrastructure, and its irreplaceable location within a 2% vacancy market underscores Suite 1503’s long-term stability and investment value.
DATA ROOM Click Here to Access
- Offering Memorandum
- Third Party Reports
PROPERTY FACTS
| Total Building Size | 469,038 SF | Year Built | 1990 |
| Property Type | Retail (Condo) | Lot Size | 53.74 AC |
| Building Class | B | Parking Ratio | 8.07/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Typical Floor Size | 234,519 SF | ||
| Zoning | PUDBR | ||
| Total Building Size | 469,038 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 234,519 SF |
| Year Built | 1990 |
| Lot Size | 53.74 AC |
| Parking Ratio | 8.07/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | PUDBR |
AMENITIES
- Bus Line
- Food Court
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
1 UNIT AVAILABLE
Unit 1503
| Unit Size | 51,800 SF | Cap Rate | 10.05% |
| Price | $8,092,160 CAD | NOI | $813,426.82 CAD |
| Price Per SF | $156.22 CAD | No. Parking Spaces | 233 |
| Condo Use | Office | APN/Parcel ID | 2086301003 |
| Sale Type | Investment |
| Unit Size | 51,800 SF |
| Price | $8,092,160 CAD |
| Price Per SF | $156.22 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 10.05% |
| NOI | $813,426.82 CAD |
| No. Parking Spaces | 233 |
| APN/Parcel ID | 2086301003 |
DESCRIPTION
The Opportunity
This offering presents a rare chance to acquire a well-positioned, income-producing asset in the Savannah market at an attractive 10.05% cap rate. The property is anchored by MCI/OnBrand24, a proven and established tenant that has operated in the space since 2018, signing a new 10-year lease, demonstrating their long-term commitment to this location.
With an absolute NNN lease structure, investors enjoy true passive income with zero landlord responsibilities, making this an ideal option for both institutional and private investors seeking stable cash flow.
SALE NOTES
Investment Opportunity – 14045 Abercorn Street | Savannah, GA
Price: $5,800,000
Size: 51,800 SF +/-
Price Per SF: $111.00
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NEARBY MAJOR RETAILERS
NNN TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Dance Savannah |
-
|
Jan 0000
|
Presented by
14045 Abercorn St - Savannah Mall
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