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Investment Highlights

  • Shopping Center: 6 units, 1,210 square feet each, 5 units leased, property nearing stabilization, 38 parking spaces
  • The surrounding area is undergoing significant expansion, making this an ideal investment opportunity:
  • Commercial Development: Nearby Savannah Park of Commerce, home to top engineering and environmental consulting firms
  • Cracker Barrel and new hotel coming soon on adjacent vacant land
  • Residential Development: Four new apartment complexes were recently completed, one adjacent to the shopping center with additional projects in the p
  • Automotive Hub: Major car dealerships, including Toyota, Lexus, Kia, Acura, Chrysler, Dodge, Jeep, Ram, and Subaru, located at the I-16 intersection

Executive Summary

Investment opportunity offers investors a prime opportunity to acquire a nearly stabilized, newly constructed shopping center in a booming location with a 7.6 cap. With its modern design, strategic positioning, and high occupancy rate, this property is poised for strong returns and long-term growth. Don’t miss the chance to invest in this thriving commercial hub. It features six units, each 1,210 SF, located among multiple apartment complexes, and coming soon, a Cracker Barrel and a new hotel adjacent to the property.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,260 SF
Building Class
B
Year Built
2023
Price
$4,216,854 CAD
Price Per SF
$580.83 CAD
Cap Rate
7.61%
NOI
$320,900 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
B-C - Community-Business. The purpose of this district shall be to provide community shopping facilities consisting of a wide variety of sales and services.
Parking
38 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
200’ on Ogeechee Rd (Highway 17)

Amenities

  • 24 Hour Access
  • Bus Line
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Custom Claws
  • Services
  • -
  • -
  • Triple Net
  • Aug 2027
  • Medical Weight Loss
  • Health Care and Social Assistance
  • 1,210 SF
  • -
  • Triple Net
  • Feb 2027

..

  • Mona LLC
  • Retailer
  • -
  • -
  • Triple Net
  • Feb 2028
  • Tazz726 Event Studio
  • Rental and Leasing Services
  • -
  • -
  • Triple Net
  • Jan 2029

Niché à Savannah Ga, leur établissement est idéalement situé et facile d'accès pour les clients. Qu'il s'agisse d'organiser une réunion d'entreprise, un mariage ou un rassemblement social, notre lieu offre un espace polyvalent qui peut être adapté aux besoins spécifiques des clients. Ils sont à quelques minutes du Plant Riverside District et de Tanger Outlet, situés à Pooler.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Custom Claws Services - - Triple Net Aug 2027
Medical Weight Loss Health Care and Social Assistance 1,210 SF - Triple Net Feb 2027
Mona LLC Retailer - - Triple Net Feb 2028
Tazz726 Event Studio Rental and Leasing Services - - Triple Net Jan 2029

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 2,420 SF
  • Retail
  • End Cap
  • Now

Convient à une variété de besoins commerciaux de détail

Space Size Space Use Position Available
A 2,420 SF Retail End Cap Now

A

Size
2,420 SF
Space Use
Retail
Position
End Cap
Available
Now

A

Size 2,420 SF
Space Use Retail
Position End Cap
Available Now

Convient à une variété de besoins commerciaux de détail

Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Truist
Zaxby's

Property Taxes

Property Taxes

Parcel Number
2087301022
Land Assessment
$296,356 CAD
Improvements Assessment
$397,788 CAD
Total Assessment
$694,144 CAD
  • Listing ID: 32157317

  • Date on Market: 2024-06-17

  • Last Updated:

  • Address: 4410 Ogeechee Rd, Savannah, GA 31405

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