6709 Forest Park Dr | Savannah, GA 31406
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6709 Forest Park Dr
Savannah, GA 31406
Office Property For Sale
Investment Highlights
- Property has been fully renovated within last 5 years
- Immediate Income Stream with Room to Grow
- Excellent Condition
Executive Summary
Property 75% occupied by Home Instead, a national provider of in-home health care services. Tenant lease on property through November 2026 with a one-year renewal option. 25% of the property (or just over 1000 SF) on the second floor is vacant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,116 SF
Building Class
B
Year Built/Renovated
1999/2020
Price
$750,000
Price Per SF
$182
Cap Rate
6%
NOI
$45,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,058 SF
Slab To Slab
12’
Building FAR
0.30
Lot Size
0.32 AC
Zoning
B-N - Neighborhood Business
Parking
15 Spaces (3.64 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
PROPERTY TAXES
Parcel Number | 2053503064 | Improvements Assessment | $127,200 |
Land Assessment | $97,240 | Total Assessment | $224,440 |
PROPERTY TAXES
Parcel Number
2053503064
Land Assessment
$97,240
Improvements Assessment
$127,200
Total Assessment
$224,440
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