Property Listing No Longer Available for Sale

107 Southern Blvd, Savannah, GA

Office for Sale - $3,320,380 - 20,300 Sq. Ft. on 2.18 acres


Property Info

CIMLS#967531
Location
  107 Southern Blvd
  Savannah GA 31405
UpdatedFebruary 15th, 2018
TypeOffice
Price$3,320,380
Building20,300 Sq. Ft.
Land2.18 acres

Property Description

SVN GASC is pleased to offer this excellent investment opportunity in the heart of the Chatham Parkway office sector. Plantation Office Park consist of 3 office buildings totaling 20,300 square feet, currently 100% occupied by strong mix of corporate tenants. Many Landlord improvements completed within the last year. Unique to office investments, Plantation Office Park has Labcorp as an anchor tenant in Building 300, occupying 9,900 square feet (12 year tenant with recent renewal).

Location Description:

Plantation Office Park is located along the high-growth Chatham Parkway corridor within Southern Oaks Business Centre and surrounded by government and other professional office users. Located just off of I-16, Southern Oaks central location provides quick access to many areas of Savannah via major area thoroughfares including Chatham Parkway, I-16, I-95, GA Highway 80 and Highway 17. It is only 5 minutes to historic Downtown, 10 minutes to the Savannah/Hilton Head International Airport, and several major employers such as Gulfstream, JCB, the Georgia Ports Authority, Coca Cola, Mitsubishi, Shearouse Lumber, and Roger Wood Foods are located nearby.

Highlights:

>> 100% Leased

>> NOI: $249,029

>> CAP: 7.5%

>> Located along Chatham Parkway

>> Anchor Tenant - Labcorp

>> Strong mix of corporate tenants

>> Excellent Occupancy History

* Email for additional photos


Financials