Banfield Pet Hospital 103 Mall Blvd 5,144 SF Retail Building Savannah, GA 31406 $3,757,000 ($730.37/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 new construction | Fresh 10-year term
- Corporate lease | Medical Management International, Inc. | 1,000+ locations across the U.S., Mexico, and Puerto Rico
- Adjacent to signalized corner intersection | Mall Blvd & Abercorn St | 50,900 VPD combined
- Outparcel to Oglethorpe Mall | 989,655 SF of retail space
- High barrier to entry | Savannah is one of the hottest markets in the southeast with limited inventory for sale
- Located inside of dense retail corridor | 5.8M SF within a 2-mile radius
EXECUTIVE SUMMARY
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Banfield Pet Hospital in Savannah, GA. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,144 SF
Year Built
2024
Price
$3,757,000
Price Per SF
$730.37
Cap Rate
5.75%
NOI
$216,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.76 AC
Parking
46 Spaces (8.94 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Banfield Pet Hospital
- Health Care and Social Assistance
- 5,144 SF
- -
- Double Net
- Apr 2035
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Banfield Pet Hospital | Health Care and Social Assistance | 5,144 SF | - | Double Net | Apr 2035 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2053201004 | Improvements Assessment | $0 |
| Land Assessment | $10 | Total Assessment | $10 |
