Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

14045 Abercorn St - Savannah Mall 51,800 SF Office Condo Unit Offered at $5,800,000 in Savannah, GA 31419

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • Attractive Yield
  • 6 years remaining in a 10-year term
  • Market Strength- 2% vacancy underscores demand and stability

EXECUTIVE SUMMARY

Property Description – 14045 Abercorn Street, Suite 1503 Suite 1503 at 14045 Abercorn Street represents a unique adaptive reuse success story in one of Savannah’s strongest commercial corridors. The 51,800 square foot space was originally occupied by Virginia College, offering a highly improved educational layout with expansive classrooms, wide hallways, and abundant common areas. Following the college’s closure, the property was transformed by the current tenant, MCI/OnBrand24, into a state-of-the-art call center and customer service hub. The former academic design provided an ideal foundation for repositioning: Large, open-format rooms were easily converted into flexible workstations to accommodate hundreds of employees. Abundant parking allows the site to comfortably support a high employee count, a critical feature for call center operations. Regional mall setting delivers exceptional visibility, access to public transit, and proximity to a dense labor pool — making the location highly attractive for employee commuting and recruitment. Today, the property serves as an established operations hub for MCI/OnBrand24, who have committed to a new 10-year absolute NNN lease. The combination of long-term tenancy, modernized infrastructure, and its irreplaceable location within a 2% vacancy market underscores Suite 1503’s long-term stability and investment value.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 469,038 SF
Property Type Retail (Condo)
Building Class B
Floors 2
Typical Floor Size 234,519 SF
Year Built 1990
Lot Size 53.74 AC
Parking Ratio 8.07/1,000 SF
Opportunity Zone Yes
Zoning PUDBR

AMENITIES

  • Bus Line
  • Food Court
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Kiosk/Cart Space
  • Enclosed Mall

1 UNIT AVAILABLE

Unit 1503

Unit Size 51,800 SF
Price $5,800,000
Price Per SF $111.97
Condo Use Office
Sale Type Investment
Cap Rate 10.05%
NOI $583,018.07
No. Parking Spaces 233
APN/Parcel ID 2086301003
DESCRIPTION

The Opportunity
This offering presents a rare chance to acquire a well-positioned, income-producing asset in the Savannah market at an attractive 10.05% cap rate. The property is anchored by MCI/OnBrand24, a proven and established tenant that has operated in the space since 2018, signing a new 10-year lease, demonstrating their long-term commitment to this location.
With an absolute NNN lease structure, investors enjoy true passive income with zero landlord responsibilities, making this an ideal option for both institutional and private investors seeking stable cash flow.

SALE NOTES

Investment Opportunity – 14045 Abercorn Street | Savannah, GA
Price: $5,800,000
Size: 51,800 SF +/-
Price Per SF: $111.00

Interior Photo
Interior Photo
Interior Photo
Interior Photo
View Photo Interior Photo
View Photo Interior Photo
View Photo Interior Photo
View Photo Interior Photo

NEARBY MAJOR RETAILERS

Starbucks
Truist
Bank of America

NNN TENANT INFORMATION Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Dance Savannah - Jan 0000
  • Listing ID: 37878209

  • Date on Market: 9/30/2025

  • Last Updated:

  • Address: 14045 Abercorn St, Savannah, GA 31419

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}