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- LoopNet Team
310 Frontage Rd
Brunswick, GA 31523
Tru by Hilton Brunswick Development Site · Land For Sale
·
3.00 AC

INVESTMENT HIGHLIGHTS
- Strategically positioned at the intersection of U.S. Highway 17 and I-95
- The building plans have been secured by the seller and the Hilton franchise is already In-Place
- The closest branded property to the Port of Brunswick which contributes to more than 561,700 jobs in Georgia
- Exceptionally located at the midway point between Savannah and Jacksonville
- Financially sound and accretive investment opportunity for all potential investors and lenders
- Surging Tru by Hilton brand growth reaching over 210 properties as of year-end 2021, with another 270+ in the pipeline
PROPERTY FACTS
DESCRIPTION
Strategically positioned at the intersection of U.S. Highway 17 and exit 29 of Interstate 95, the Tru by Hilton Brunswick will enjoy easy and convenient access to the Port of Brunswick (2 miles), Downtown Brunswick (8 miles), Jekyll Island (11 miles), and the Federal Law Enforcement Training Center (12 miles). From Interstate 95, travelers will have a clear, uninterrupted view of the future hotel, making it exceptionally located for those traveling down the coast, especially considering its location as the midway point between Savannah and Jacksonville. The hotel will also be directly off Interstate 95, the most vital north-south transportation artery on the United States' east coast, running from the Canadian border to Miami. On average, 72,000 vehicles travel among the corridor daily, with peak travel reaching 300,000 per day. Properties such as the soon-to-be Tru benefit tremendously from being directly off the interstate and see significant demand from leisure travelers making their way up and down the coast. The Tru will be the closest branded hotel to the Port of Brunswick, is the nation’s second busiest port for import-export cargo featuring three modern deep-water terminals spanning more than 1,700 acres. In 2021, the Port was ranked the #1 auto imports facility in the United States, home to over 20 automaker brands and handing over 650,000 cars, trucks, and tractors. After the $150 million development plan adding 360,00 square feet and an additional 85 acres for auto processing are completed in 2023, the port's annual capacity will increase to 1.4 million vehicles. Considering the strong historical performance of a local competitive set and the Tru’s brand-wide RevPAR penetration of 126% in 2021, the Tru by Hilton Brunswick underwrites favorably with traditional hospitality financing metrics, forming a financially sound and accretive investment opportunity for all potential investors and lenders.
LINKS
PROPERTY TAXES
| Parcel Number | 03-16375 | Improvements Assessment | $1,874,760 |
| Land Assessment | $144,000 | Total Assessment | $2,018,760 |
PROPERTY TAXES
Listing ID: 26948051
Date on Market: 10/27/2022
Last Updated:
Address: 310 Frontage Rd, Brunswick, GA 31523
The Land Property at 310 Frontage Rd, Brunswick, GA 31523 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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