11710 Abercorn St
Savannah, GA
Price:
$2,072,000
Cap Rate:
5.75%
NOI:
$119,124
Building Size:
Approx. 1,558 Sq. Ft.
Lot Size:
Approx. 0.46 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2018
Investment Overview
- 2019 Construction. 1,558+/- SF Building on 0.46+/- Acre Site
- 15+ Years of Absolute NNN Lease Remaining with 1.5% Annual Rental Increases
- Located on Abercorn St (45,500+ VPD) w/ 83,981+ Residents Living w/in 5-Miles w/ an Avg. HH Income of $93,228+
- Benefits from Location Across from Publix & Near Lowes, Home Depot, Hobby Lobby, Chick-fil-A, CVS, & Much More
- Adjacent to St. Joseph’s Hospital & Emergency Room (714 Beds)
- Lease Guaranteed by DYNE Hospitality Group, Largest Franchisee in Tropical Smoothie Café System w/ 100+ Locations in Operation
- Savannah | Attracts Over 17 Million Visitors Annually | Population: 147,930+