5102 La Roche Ave | Savannah, GA 31404
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- LoopNet Team
5102 La Roche Ave
Savannah, GA 31404
Absolute NNN R&D/Flex | Savannah, GA · Flex Property For Sale
Investment Highlights
- Prime 54,284-square-foot R&D/Flex asset on an expansive 8.4-acre lot with 239 surface-level parking spaces and excess land for development.
- Ideally situated in close proximity to Downtown Savannah, Savannah State University, and the Harry S Truman Parkway.
- Optionality for an investor to implement a lease-up strategy since the current tenant has a few years remaining on its lease, with no extensions.
- Fully leased on an absolute NNN basis to Eurofins Scientific, a world leader in food, environment, pharma product testing & agriscience CRO services.
- Booming metropolis with over 404,000 residents and a population growth of 11.1% over the past seven years, elevating the state's population by 5%.
PROPERTY FACTS
| Property Type | Flex | No. Stories | 4 |
| Property Subtype | R&D | Year Built | 1988 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.33 AC | Parking Ratio | 4.36/1,000 SF |
| Rentable Building Area | 54,824 SF |
| Property Type | Flex |
| Property Subtype | R&D |
| Building Class | B |
| Lot Size | 2.33 AC |
| Rentable Building Area | 54,824 SF |
| No. Stories | 4 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 4.36/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,126,080 | |
| Land Assessment | $213,720 | Total Assessment | $2,339,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$213,720
Improvements Assessment
$2,126,080
Total Assessment
$2,339,800
zoning
| Zoning Code | I-P (Light Industrial) |
| I-P (Light Industrial) |
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