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Victory Plaza West 302 W Victory Dr 11,439 SF 63% Leased Retail Building Savannah, GA 31405 $3,200,000 ($279.74/SF) 7% Cap Rate
Investment Highlights
- Great investment opportunity
Executive Summary
Located on a signalized corner in the Starland District, this high-visibility asset features ±300 feet of frontage along Victory Drive with approximately 25,000 vehicles per day, surrounded by restaurants, bars, and boutique retail.
Property highlights:
• ±11,439 SF retail center
• Seven-unit shopping center
• 7% cap rate at $3,200,000
• ±13,939 SF lot with TC-2 zoning
• 3-story asset with flexible layout
• 11 on-site parking spaces
• Signalized intersection location
• ±300 feet of frontage on Victory Drive
• Pylon signage for strong visibility
• Bus line access
Location highlights:
• Across from SCAD Victory Village housing
• Positioned in the Starland District
• Surrounded by retail, dining, and nightlife
• Near new multifamily development
Victory Plaza West offers stable in-place income with long-term upside in one of Savannah’s most active commercial corridors.
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ayoluwa African Dance Theatre
- Educational Services
- -
- -
- -
- Azaz
- Professional, Scientific, and Technical Services
- -
- -
- -
-
- Retailer
- -
- -
- -
Smoke Cartel was founded in 2013 by art school students in Savannah, Georgia, and began as an online headshop. The business has since grown into an e-commerce company focused on smoking accessories and glass pipes. Smoke Cartel operates across online retail, wholesale distribution, and branded product design and manufacturing. Its product mix includes bongs, vaporizers, dab rigs, pipes, grinders, rolling goods, and related accessories, reflecting a broad position in the smoking accessories market.
- Tep Desitribution
- Retailer
- -
- -
- -
- Tramp Art Studios
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ayoluwa African Dance Theatre | Educational Services | - | - | - | ||
| Azaz | Professional, Scientific, and Technical Services | - | - | - | ||
|
|
Retailer | - | - | - | ||
| Tep Desitribution | Retailer | - | - | - | ||
| Tramp Art Studios | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- A
- 1,477 SF
- Retail
- -
- Sep 2026
Three prime retail lease spaces are available on Victory Drive; Unit B being 1477 square feet, located in the lively Starland District of Savannah, surrounded by bars, restaurants, and shopping. This highly walkable location benefits from substantial foot traffic, with the SCAD Victory Village dormitory complex directly across the street and 20,000 vehicles passing daily. The property boasts excellent visibility and accessibility, making it an ideal choice for businesses eager to tap into the vibrant local market. The offering includes two ground-level spaces and one second-level space, complemented by 11 off-street parking spots, additional street parking, and prominent pylon signage on Victory Drive. This combination of features provides an exceptional opportunity for retail ventures seeking high exposure and convenience.
Three prime retail lease spaces (approx. 1400 sqft each) are available on Victory Drive, located in the lively Starland District of Savannah, surrounded by bars, restaurants, and shopping. This highly walkable location benefits from substantial foot traffic, with the SCAD Victory Village dormitory complex directly across the street and 20,000 vehicles passing daily. The property boasts excellent visibility and accessibility, making it an ideal choice for businesses eager to tap into the vibrant local market. The offering includes two ground-level spaces and one second-level space, complemented by 11 off-street parking spots, additional street parking, and prominent pylon signage on Victory Drive. This combination of features provides an exceptional opportunity for retail ventures seeking high exposure and convenience.
| Space | Size | Space Use | Position | Available |
| A | 1,477 SF | Retail | - | Sep 2026 |
| B | 1,276 SF | Retail | - | Sep 2026 |
| C | 1,477 SF | Retail | - | Sep 2026 |
A
| Size |
| 1,477 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
B
| Size |
| 1,276 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
C
| Size |
| 1,477 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
B
| Size | 1,276 SF |
| Space Use | Retail |
| Position | - |
| Available | Sep 2026 |
Three prime retail lease spaces are available on Victory Drive; Unit B being 1477 square feet, located in the lively Starland District of Savannah, surrounded by bars, restaurants, and shopping. This highly walkable location benefits from substantial foot traffic, with the SCAD Victory Village dormitory complex directly across the street and 20,000 vehicles passing daily. The property boasts excellent visibility and accessibility, making it an ideal choice for businesses eager to tap into the vibrant local market. The offering includes two ground-level spaces and one second-level space, complemented by 11 off-street parking spots, additional street parking, and prominent pylon signage on Victory Drive. This combination of features provides an exceptional opportunity for retail ventures seeking high exposure and convenience.
C
| Size | 1,477 SF |
| Space Use | Retail |
| Position | - |
| Available | Sep 2026 |
Three prime retail lease spaces (approx. 1400 sqft each) are available on Victory Drive, located in the lively Starland District of Savannah, surrounded by bars, restaurants, and shopping. This highly walkable location benefits from substantial foot traffic, with the SCAD Victory Village dormitory complex directly across the street and 20,000 vehicles passing daily. The property boasts excellent visibility and accessibility, making it an ideal choice for businesses eager to tap into the vibrant local market. The offering includes two ground-level spaces and one second-level space, complemented by 11 off-street parking spots, additional street parking, and prominent pylon signage on Victory Drive. This combination of features provides an exceptional opportunity for retail ventures seeking high exposure and convenience.
Nearby Major Retailers
Property Taxes
| Parcel Number | 2007421014 | Improvements Assessment | $336,800 |
| Land Assessment | $115,360 | Total Assessment | $452,160 |
Property Taxes
