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101 E Anderson St
Savannah, GA 31401
Mavis Discount Tire · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long Term 20-Year Lease with 15-Years Remaining
  • Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
  • Dense Urban Infill | Kroger, Starbucks, Dollar Tree, Church’s Chicken, Metro PCS, Among Various Others
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Four (4) Tenant Renewal Periods of Five (5) Years Each
  • Memorial Health University Medical Center | Less than Three Miles from Subject Property | 612 Beds | Region’s Only Level I Trauma Center & Children’

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,545 SF
Building Class
C
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.72 AC
Zoning
2B
Parking
40 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
301’ on Anderson St

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 101 E ANDERSON ST , SAVANNAH, GA 31401

The subject investment property features high visibility and ease of access along East Anderson Street, on a hard corner of a four-way intersection. East Anderson Street experiences average daily traffic counts of 9,000 vehicles per day and intersects with Martin Luther King Junior Boulevard, which brings an additional 22,500 vehicles to the immediate surrounding area per day. The subject investment property benefits from its robust demographics. There are more than 85,000 individuals residing within a three-mile radius of the subject property and more than 127,500 individuals within a five-mile radius. This Mavis Discount Tire is well-positioned in the center of a highly dense urban infill. Many national and local tenants surround the subject property, as well as residential communities, shopping centers, medical facilities and academic institutions. Major national tenants in the immediate area include: Kroger, Starbucks, Dollar Tree, Church’s Chicken, Metro PCS, in addition to many others. The site sits less than four miles north of Savannah State University, which boasts a total enrollment exceeding 4,470 students. The 330-bed Candler Hospital is less than three miles south of the subject property and features The Heart Hospital, The Institute for Advanced Bone & Joint Surgery and the Institute of Neurosciences. Memorial Health University Medical Center, a 612-bed medical facility, is also located less than three miles from the subject property. This facility includes the region’s only Level I Trauma Center, as well as the region’s only children’s hospital. Memorial Healthy University Medical Center is also home to the Savannah campus of Mercer University School of Medicine. Additionally, the subject property is located less than seven miles away from the Savannah/Hilton Head International Airport. In 2018, Savannah/Hilton Head International Airport handled a record 2.8 Million passengers, a 13.4% increase from 2017. It is second only to Hartsfield–Jackson Atlanta International Airport as Georgia's busiest commercial airport. Companies in Savannah flourish thanks, in part, to the city's superior infrastructure and logistics. Logistics Today named Savannah “the most logistic friendly city in the nation” three years in a row, and Area Development Magazine Named Savannah “Top 5 for Best Cities with Port-related Intermodal Sites.” Savannah is ideally located at the crossroads of I-16 and I-95, and 80 percent of the United States population can be reached within a two-day drive. The Port of Savannah is the fourth-largest and second-busiest port in the nation, as well as the fastest-growing. With a strong manufacturing base, excellent port, rail, and highway access, a strong workforce development program and the only large deep-water industrial terminal complex with significant in-place infrastructure, Savannah is perfectly positioned to continue its track record of strong growth. While residents and visitors enjoy its rich historical tradition, Savannah continues to improve its business environment, infusing the area with advantages that benefit its major industries: manufacturing, distribution, tourism, military, port operations, health care, and its growing presence of innovative technology firms and entrepreneurs. The Savannah region continues to be an ideal choice for any relocating business, individual or family.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2005317001
Land Assessment
$315,880
Improvements Assessment
$167,600
Total Assessment
$483,480
  • Listing ID: 19002935

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 101 E Anderson St, Savannah, GA 31401

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