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Ogeechee Plaza Shopping Center 4410 Ogeechee Rd 7,260 SF Retail Building Savannah, GA 31405 $2,975,000 ($409.78/SF) 7.61% Cap Rate
Investment Highlights
- Shopping Center: 6 units, 1,210 square feet each, 5 units leased, property nearing stabilization, 38 parking spaces
- The surrounding area is undergoing significant expansion, making this an ideal investment opportunity:
- Commercial Development: Nearby Savannah Park of Commerce, home to top engineering and environmental consulting firms
- Cracker Barrel and new hotel coming soon on adjacent vacant land
- Residential Development: Four new apartment complexes were recently completed, one adjacent to the shopping center with additional projects in the p
- Automotive Hub: Major car dealerships, including Toyota, Lexus, Kia, Acura, Chrysler, Dodge, Jeep, Ram, and Subaru, located at the I-16 intersection
Executive Summary
Investment opportunity offers investors a prime opportunity to acquire a nearly stabilized, newly constructed shopping center in a booming location with a 7.6 cap. With its modern design, strategic positioning, and high occupancy rate, this property is poised for strong returns and long-term growth. Don’t miss the chance to invest in this thriving commercial hub. It features six units, each 1,210 SF, located among multiple apartment complexes, and coming soon, a Cracker Barrel and a new hotel adjacent to the property.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,260 SF
Building Class
B
Year Built
2023
Price
$2,975,000
Price Per SF
$409.78
Cap Rate
7.61%
NOI
$226,396
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
B-C - Community-Business. The purpose of this district shall be to provide community shopping facilities consisting of a wide variety of sales and services.
Parking
38 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
200’ on Ogeechee Rd (Highway 17)
Amenities
- 24 Hour Access
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Custom Claws
- Services
- -
- -
- Triple Net
- Aug 2027
--
- Mona LLC
- Retailer
- -
- -
- Triple Net
- Feb 2028
Nestled in Savannah Ga, their venue is conveniently located with easy access for guests. Whether hosting a corporate meeting, wedding, or social gathering, our venue offers versatile space that can be tailored to suit customer specific needs. They are minutes from the Plant Riverside District and Tanger Outlet located in Pooler.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Custom Claws | Services | - | - | Triple Net | Aug 2027 | |
| Medical Weight Loss | Health Care and Social Assistance | 1,210 SF | - | Triple Net | Feb 2027 | |
| Mona LLC | Retailer | - | - | Triple Net | Feb 2028 | |
| Tazz726 Event Studio | Rental and Leasing Services | - | - | Triple Net | Jan 2029 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Suitable for variety of retail business needs
| Space | Size | Space Use | Position | Available |
| A | 2,420 SF | Retail | End Cap | Now |
A
| Size |
| 2,420 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
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Videos
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Photos
Street View
Street
Map
A
| Size | 2,420 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Suitable for variety of retail business needs
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2087301022 | Improvements Assessment | $280,640 |
| Land Assessment | $209,080 | Total Assessment | $489,720 |
Property Taxes
Parcel Number
2087301022
Land Assessment
$209,080
Improvements Assessment
$280,640
Total Assessment
$489,720
1 of 51
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Ogeechee Plaza Shopping Center | 4410 Ogeechee Rd
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