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Ogeechee Plaza Shopping Center 4410 Ogeechee Rd
7,260 SF 67% Leased Retail Building Savannah, GA 31405 $3,150,000 ($434/SF) 7.19% Cap Rate
Investment Highlights
- Shopping Center: 6 units, 1,210 square feet each, 5 units leased, property nearing stabilization, 38 parking spaces
- The surrounding area is undergoing significant expansion, making this an ideal investment opportunity:
- Commercial Development: Nearby Savannah Park of Commerce, home to top engineering and environmental consulting firms
- Cracker Barrel and new hotel coming soon on adjacent vacant land
- Residential Development: Four new apartment complexes were recently completed, one adjacent to the shopping center with additional projects in the p
- Automotive Hub: Major car dealerships, including Toyota, Lexus, Kia, Acura, Chrysler, Dodge, Jeep, Ram, and Subaru, located at the I-16 intersection
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Custom Claws
- Services
- -
- -
- Triple Net
- Aug 2027
--
- Mona LLC
- Retailer
- -
- -
- Triple Net
- Feb 2028
Nestled in Savannah Ga, their venue is conveniently located with easy access for guests. Whether hosting a corporate meeting, wedding, or social gathering, our venue offers versatile space that can be tailored to suit customer specific needs. They are minutes from the Plant Riverside District and Tanger Outlet located in Pooler.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Custom Claws | Services | - | - | Triple Net | Aug 2027 | |
| Medical Weight Loss | Health Care and Social Assistance | 1,210 SF | - | Triple Net | Feb 2027 | |
| Mona LLC | Retailer | - | - | Triple Net | Feb 2028 | |
| Tazz726 Event Studio | Rental and Leasing Services | - | - | Triple Net | Jan 2029 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
End unit contains grease trap for restaurant. New construction to be complete May 2022. Configurations are 22’ x 55’, which yield 1,210 sq. ft and may be combined. Zoning – B-C – Community-Business. The purpose of this district shall be to provide community shopping facilities consisting of a wide variety of sales and service facilities at locations that will be accessible to a market area containing from 35,000 to 70,000 people. The site is located on Highway 17 (Ogeechee Rd.), just 1,200 feet west of its intersection with Chatham Parkway. Chatham Parkway connects to the north with 1-16 and to the south with Veteran’s Parkway, which runs to both I-516 and Highway 204, so the site is very easy to get reach. Chatham Parkway has blossomed in the past several years with 3 new apartment complexes, a new engineering building, jail, and now a new shopping center at its intersection with Highway 17. It was already home to the Savannah Park of Commerce, which houses some of the area’s top engineering and environmental consultants along with other major tenants. Furthermore, at the I-16 intersection, Toyota, Lexus, Kia, Acura, Chrysler, Dodge, Jeep, Ram, and Suburu all have dealerships. Highway 17 is now starting to re-develop, with much of the focus in the Chatham Parkway intersection area. The site will have one access point onto Highway 17. The site is located in Flood Zone X, which is NOT within a special Flood Zone Hazard area. The building will consist of a stucco exterior with metal roof awning elements and plenty of glass on the front and is quite attractive. City code requires 29 spaces but the site has been set up for 38 spaces, including 2 ADA parking spots, so it is over-parked. Construction can be completed within 9 months of commencement. This is a great opportunity to lease brand new space in one of the new and hot retail markets in Savannah. With countless white- and blue-collar workers, outstanding automobile exposure, zoning which allows a wide range of uses, and a very competitive lease rate – any tenant should enjoy a long and prosperous business experience in this location.
| Space | Size | Space Use | Position | Available |
| F | 1,210 SF | Retail | End Cap | Now |
F
| Size |
| 1,210 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
F
| Size | 1,210 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
End unit contains grease trap for restaurant. New construction to be complete May 2022. Configurations are 22’ x 55’, which yield 1,210 sq. ft and may be combined. Zoning – B-C – Community-Business. The purpose of this district shall be to provide community shopping facilities consisting of a wide variety of sales and service facilities at locations that will be accessible to a market area containing from 35,000 to 70,000 people. The site is located on Highway 17 (Ogeechee Rd.), just 1,200 feet west of its intersection with Chatham Parkway. Chatham Parkway connects to the north with 1-16 and to the south with Veteran’s Parkway, which runs to both I-516 and Highway 204, so the site is very easy to get reach. Chatham Parkway has blossomed in the past several years with 3 new apartment complexes, a new engineering building, jail, and now a new shopping center at its intersection with Highway 17. It was already home to the Savannah Park of Commerce, which houses some of the area’s top engineering and environmental consultants along with other major tenants. Furthermore, at the I-16 intersection, Toyota, Lexus, Kia, Acura, Chrysler, Dodge, Jeep, Ram, and Suburu all have dealerships. Highway 17 is now starting to re-develop, with much of the focus in the Chatham Parkway intersection area. The site will have one access point onto Highway 17. The site is located in Flood Zone X, which is NOT within a special Flood Zone Hazard area. The building will consist of a stucco exterior with metal roof awning elements and plenty of glass on the front and is quite attractive. City code requires 29 spaces but the site has been set up for 38 spaces, including 2 ADA parking spots, so it is over-parked. Construction can be completed within 9 months of commencement. This is a great opportunity to lease brand new space in one of the new and hot retail markets in Savannah. With countless white- and blue-collar workers, outstanding automobile exposure, zoning which allows a wide range of uses, and a very competitive lease rate – any tenant should enjoy a long and prosperous business experience in this location.
PROPERTY TAXES
| Parcel Number | 2087301022 | Improvements Assessment | $280,640 |
| Land Assessment | $209,080 | Total Assessment | $489,720 |
PROPERTY TAXES
-
Michelle Parker-Scott -
Parker Denmark -
Parker Scott Commercial
Presented by
Ogeechee Plaza Shopping Center | 4410 Ogeechee Rd
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