12056 Abercorn StSavannah, GA 31419

This exceptional investment opportunity presents a 32,632 square foot, single-story retail property located at 12056 Abercorn Street in Savannah, Georgia (31419). The property, built in 1978 and renovated in 2002, sits on a 6.18-acre lot and is zoned B-C. It boasts 100% occupancy with two national tenants: DriveTime and Gerber Collision & Glass, both operating under long-term, net-lease agreements with corporate guarantees. The asking price is $8,400,000, representing a pro-forma cap rate of 6.00% and a price per square foot of $257.42. The lease structure is a triple-net (NNN) lease, minimizing landlord responsibilities. Annual rent increases of 2-3% are built into the leases, ensuring consistent income growth. This prime Savannah location benefits from high traffic visibility on Abercorn Street and proximity to major retailers. The property's strong tenant base, favorable lease terms, and strategic location make it an attractive investment with significant potential for future appreciation. The property features a single building with two units. The parcel number is 20781 02001. This is a privately held investment.