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2 Whitaker St 21 W Bay St
15,000 SF of Retail Space Available in Savannah, GA 31401
Highlights
- • ±12,000SF bar/restaurant space. (+/-5,000 SF on basement level, +/-7,000 SF on street level). ±3,000SF of outdoor dining/ patio space.
- Excellent Location in the center of everything.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 15,000 SF | 1-10 Years | $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $50,000 /MO $600,000 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- ±12,000SF bar/restaurant space available for lease
- Two kitchens and two bars in place
- Two kitchens and two bars in place.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 21 W Bay St , Savannah, GA 31401
Property Type | Retail | Year Built | 1821 |
Property Subtype | Restaurant | Parking Ratio | 1.33/1,000 SF |
Gross Leasable Area | 15,000 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 15,000 SF |
Year Built | 1821 |
Parking Ratio | 1.33/1,000 SF |
About the Property
For the first time in over 25 years, 21 West Bay Street & 2 Whitaker Street are available for lease in the heart of Historic Downtown Savannah, GA. Designed by the esteemed architect William Jay and completed in 1821 as the First City Hotel, this property is rich in history and has long been a popular destination for both tourists and locals. Most recently, it was home to Moon River Brewery and Beer Garden. Located at the corner of Bay and Whitaker Streets, this site offers high traffic and excellent visibility, just steps away from Savannah’s premier tourist attractions, bars, restaurants, retail shops, hotels, and vibrant entertainment districts. The area’s walkability makes it easy to explore nearby River Street, City Market, Broughton Street, and Plant Riverside. This property is overflowing with architectural character and unique details including abundant natural light, exposed brick walls, and original hardwood floors. Don’t miss this remarkable opportunity to be part of Savannah’s profound past and dynamic present.
- Restaurant
- Signage
Nearby Major Retailers
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2 Whitaker St | 21 W Bay St
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