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1016 Delesseps Ave
Savannah, GA 31404
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 | Walgreens, CVS Pharmacy, McDonald’s, Wendy’s, Wells Fargo, BB&T, Bank of America, O’Reilly Auto Parts, and Many More
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Four (4) Tenant Renewal Periods of Five (5) Years Each
  • Memorial Health University Medical Center | One Half Mile From the Subject Property | 612 Beds | Region’s Only Level I Trauma Center | Region’s Only

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
20,000 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.87 AC
Zoning
BN
Parking
20 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
122’ on Delesseps Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 1016 DELESSEPS AVE , SAVANNAH, GA 31404

The subject investment property features high visibility and ease of access along Waters Avenue. Waters Avenue experiences average daily traffic counts of 22,000 vehicles per day. Waters Avenue runs parallel to Harry Truman Parkway, which brings an additional 24,000 vehicles to the immediate surrounding area per day. There are more than 92,500 individuals residing within a three-mile radius of the subject property and more than 146,500 individuals within a five-mile radius. This Mavis Discount Tire is well-positioned in the center of a highly dense urban infill, minutes outside of Downtown Savannah. Many national and local tenants surround the subject property, as well as shopping centers, large medical facilities, and academic institutions. Major national tenants in the immediate area include: Walgreens, CVS Pharmacy, McDonald’s, Wendy’s, Wells Fargo, BB&T, Bank of America, O’Reilly Auto Parts, in addition to many others. The site sits less than three miles from Savannah State University, which boasts a total enrollment exceeding 4,470 students. The 330-bed Candler Hospital lies approximately one mile southwest 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 less than one mile 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. Savannah is the fifth-largest city and third-largest metropolitan area in Georgia. It is an industrial center and an important Atlantic seaport. Savannah's downtown area, which includes the Savannah Historic District and the Savannah Victorian Historic District, is one of the largest National Historic Landmark Districts in the United States and attracts millions of visitors each year. 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
2009741017
Land Assessment
$242,040
Improvements Assessment
$221,800
Total Assessment
$463,840
  • Listing ID: 19002747

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 1016 Delesseps Ave, Savannah, GA 31404

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