For Sale
$7,200,000

I-16 And Us HwyEllabell, GA 31308

10-Acre I-16 & US 280 Site, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents fee simple ownership of a 10-acre commercial land parcel in Ellabell, Georgia. Located at the northeast quadrant of I-16 and US Highway 280, this property benefits from its strategic position directly across from the Hyundai EV Plant, a $5.5 billion investment. The site is part of a thriving industrial and manufacturing hub fueled by Savannah's port growth. A 20-year NNN ground lease commenced March 1, 2024, and expires February 29, 2044. The lease generates a net operating income (NOI) of $360,000 annually for the first five years, with increases scheduled for year six and every five years thereafter. The property boasts a 5% pro-forma capitalization rate and is zoned C-1. The business operating on the leased land opened in July 2024 and is now fully operational. The site's location at Exit 143 on I-16 offers convenient access to I-95, only 14 miles away. This is a rare opportunity to acquire a high-performing, long-term leasehold interest in a rapidly developing area. Parcel numbers are 030 001, 029 004, and 029 005. The asking price is $7,200,000.

Highlights

  • 10-acre commercial land parcel in Ellabell, GA, with a 20-year NNN ground lease.
  • Prime location at I-16 and US Hwy 280, directly across from the Hyundai EV Plant.
  • $7,200,000 asking price, with a 5% capitalization rate and $360,000 annual NOI (first five years).
  • Lease commenced March 1, 2024, and expires February 29, 2044; tenant is fully operational.
  • Convenient access to I-95 (14 miles). Parcel numbers: 030 001, 029 004, and 029 005.

Property Details for I-16 And Us Hwy

Property type
Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Ellabell
County
Bryan
State
Georgia
Latitude
32.181790601681
Longitude
-81.458898161119
I-16 And Us Hwy, Ellabell, Georgia

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I-16 And Us Hwy
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