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Strip Center | Savannah, GA 5706 Ogeechee Rd 6,611 SF 100% Leased Retail Building Savannah, GA 31405 $5,781,818 ($874.58/SF) 5.50% Cap Rate
Investment Highlights
- 18,200 AADT Ogeechee Road | Premier Retail Corridor
- Affluent Demographics | Growing Savannah MSA
- Contractual Rent Escalations | Built-In Income Growth
Executive Summary
New 2026 Construction | Minimal Landlord Maintenance
- Brand-new 2026 construction featuring modern, code-compliant improvements with minimal maintenance requirements and no near-term capital expenditure needs and transferable warranties.
Dual Corporate-Backed Leases | Long-Term Income Stability
- Chipotle and Heartland Dental operate under corporate-backed leases, providing direct credit exposure to two nationally recognized brands with a 10-year WALT and aligned renewal options.
Placer.ai-Validated Trade Area | Kroger Ranks Top 4% Nationwide
- Anchored by a Kroger ranking in the top 4% nationwide for foot traffic, the property benefits from exceptional consumer demand and a proven, high-performing retail corridor.
Contractual Rent Escalations | Built-In Income Growth
- Leases feature 10% rent increases in Year 6 and every five years thereafter, providing contractual income growth and long-term inflation protection.
18,200 AADT Ogeechee Road | Premier Retail Corridor
- Full access and frontage onto Ogeechee Rd with 18,200 vehicles per day, the property offers excellent visibility within a growing retail corridor between Pooler and Richmond Hill.
Affluent Demographics | Growing Savannah MSA
- The property serves nearly 30,000 residents within three miles earning $117,609 average household income and benefits from Savannah's continued population and residential growth.
- Brand-new 2026 construction featuring modern, code-compliant improvements with minimal maintenance requirements and no near-term capital expenditure needs and transferable warranties.
Dual Corporate-Backed Leases | Long-Term Income Stability
- Chipotle and Heartland Dental operate under corporate-backed leases, providing direct credit exposure to two nationally recognized brands with a 10-year WALT and aligned renewal options.
Placer.ai-Validated Trade Area | Kroger Ranks Top 4% Nationwide
- Anchored by a Kroger ranking in the top 4% nationwide for foot traffic, the property benefits from exceptional consumer demand and a proven, high-performing retail corridor.
Contractual Rent Escalations | Built-In Income Growth
- Leases feature 10% rent increases in Year 6 and every five years thereafter, providing contractual income growth and long-term inflation protection.
18,200 AADT Ogeechee Road | Premier Retail Corridor
- Full access and frontage onto Ogeechee Rd with 18,200 vehicles per day, the property offers excellent visibility within a growing retail corridor between Pooler and Richmond Hill.
Affluent Demographics | Growing Savannah MSA
- The property serves nearly 30,000 residents within three miles earning $117,609 average household income and benefits from Savannah's continued population and residential growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,611 SF
Building Class
C
Year Built
2027
Construction Status
Proposed
Price
$5,781,818
Price Per SF
$874.58
Cap Rate
5.50%
NOI
$318,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.68 AC
Zoning
C - Commerical
Parking
38 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
200’ on Ogeechee Road (Highway 17
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chipotle
- -
- 2,411 SF
- -
- Dec 2036
- Heartland Dental
- -
- 4,200 SF
- -
- Dec 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chipotle | - | 2,411 SF | - | Dec 2036 | ||
| Heartland Dental | - | 4,200 SF | - | Dec 2036 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1100802075 | Improvements Assessment | $0 |
| Land Assessment | $291,520 | Total Assessment | $291,520 |
Property Taxes
Parcel Number
1100802075
Land Assessment
$291,520
Improvements Assessment
$0
Total Assessment
$291,520
Contacts
-
Ben Olmstead -
David Hoppe -
Mike Lucier -
Eric Suffoletto -
Ben McCarter -
Christopher Wiener -
Connor Kuchman -
Atlantic Capital Partners
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