For Sale
$4,900,000

3920 Ogeechee RdSavannah, GA 31405

7,000 SF Industrial Building, 7.76% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional single-tenant, net-lease industrial property in Savannah, GA, offers a compelling investment opportunity. The 7,000-square-foot building, constructed in 1985, sits on a 0.75-acre lot and boasts a high bay design with four large grade-level doors, ideal for efficient material handling. The property includes 10 parking spaces and a fenced lot providing ample room for fleet and delivery vehicle storage or equipment laydown. Currently operating at 100% occupancy under a 5-year NNN lease (commencing November 1, 2022, and expiring October 31, 2027), the property generates a substantial net operating income (NOI) of $380,400, representing a strong 7.76% cap rate. The asking price is $4,900,000, or $700 per square foot. Its strategic location offers convenient access to the Savannah/Hilton Head International Airport (approximately 18 minutes away), the Georgia Ports (approximately 13 minutes away), and Interstate 95, ensuring excellent connectivity. The property is zoned PBG and features a well-designed layout, including a retail sales office counter. This presents a rare chance to acquire a high-performing industrial asset in a thriving Savannah market, with significant potential for long-term growth and return on investment. The remaining lease term is approximately 2.9 years.

Highlights

  • 7,000 SF industrial building on a 0.75-acre lot with fenced truck court.
  • Prime Savannah, GA location: 18 minutes from Savannah/Hilton Head International Airport, 13 minutes from Georgia Ports, and direct highway access.
  • Investment opportunity in a high-demand Savannah market.
  • Ample outdoor space for parking and fleet vehicles.

Property Details for 3920 Ogeechee Rd

Property type
Industrial properties
Square Feet
7,000 SF
Class
C
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.051188232259
Longitude
-81.153541171237
3920 Ogeechee Rd, Savannah, Georgia

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3920 Ogeechee Rd
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