203 Deptford St 22,420 SF 100% Leased Industrial Building Savannah, GA 31404 $4,200,000 ($187.33/SF) 6.50% Cap Rate

Colliers is pleased to present 203 Deptford Street, a ±22,420-square-foot multi-tenant industrial/flex investment opportunity in Savannah, Georgia. Strategically positioned within Savannah's East Side submarket, the property offers convenient access to the city's established residential and commercial areas, including the Islands, making it well suited for contractors, service providers and other locally focused businesses requiring functional, centrally located industrial space.
The property is 100% leased to four tenants, providing investors with immediate and diversified cash flow through a triple-net lease structure. All tenants are committed through the 2028–2029 calendar years, limiting near-term rollover exposure, while annual rent increases provide embedded revenue growth throughout the remaining lease terms.
203 Deptford Street benefits from its infill location within a supply-constrained East Side industrial market, where opportunities for small-bay industrial and flex users are limited. Its accessibility to Savannah's primary employment centers, established neighborhoods and the Islands supports continued demand from contractors and service-oriented businesses that need to remain close to their customers and job sites.
With stabilized occupancy, diversified tenancy, contractual rent growth and a difficult-to-replicate infill location, 203 Deptford Street offers investors a compelling opportunity to acquire durable industrial income in Savannah's established commercial market.