thank you
Your email has been sent!
12056 Abercorn St
32,632 SF 100% Leased Retail Building Savannah, GA 31419 $8,400,000 USD ($257 USD/SF) 6% Cap Rate
Investment Highlights
- Long-term leases with Gerber Collision & Glass and DriveTime, providing stable and reliable income.
- High-traffic area near major retailers and Georgia Southern University, driving strong demand and visibility.
- 2-3% annual rent growth ensures consistent revenue escalation over time.
Executive Summary
This offering features two well-established national tenants, Gerber Collision & Glass and DriveTime, both secured with long-term,
corporate-backed leases. Located in the rapidly growing Savannah, GA market, this property benefits from high traffic exposure along Abercorn Street and proximity to major regional retailers. This investment offers a NN lease structure, minimizing landlord responsibilities, with rare annual rent increases of 2-3%, ensuring consistent income growth. Positioned in a prime location with growing demand, this property offers investors a stable, high-quality asset with reliable cash flow and potential for future appreciation.
corporate-backed leases. Located in the rapidly growing Savannah, GA market, this property benefits from high traffic exposure along Abercorn Street and proximity to major regional retailers. This investment offers a NN lease structure, minimizing landlord responsibilities, with rare annual rent increases of 2-3%, ensuring consistent income growth. Positioned in a prime location with growing demand, this property offers investors a stable, high-quality asset with reliable cash flow and potential for future appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
32,632 SF
Building Class
B
Year Built/Renovated
1978/2002
Price
$8,400,000 USD
Price Per SF
$257 USD
Cap Rate
6%
NOI
$504,000 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
6.03 AC
Zoning
PUD-B-C - Commercial
Parking
299 Spaces (9.16 Spaces per 1,000 SF Leased)
Frontage
281 FT on Abercorn St
Amenities
- Banking
- Bus Line
- Pylon Sign
- Signage
- Storage Space
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2078102001 | Improvements Assessment | $1,132,800 USD |
| Land Assessment | $1,465,280 USD | Total Assessment | $2,598,080 USD |
PROPERTY TAXES
Parcel Number
2078102001
Land Assessment
$1,465,280 USD
Improvements Assessment
$1,132,800 USD
Total Assessment
$2,598,080 USD
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
12056 Abercorn St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Presented by
12056 Abercorn St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.