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I-95 @ Exit 94: Lease or Ground Lease 580 Al Henderson Blvd 5,101 SF of Retail Space Available in Savannah, GA 31419
Highlights
- I-95 @ Exit 94: ±5,101 SF Building on ±2.588 Acres | Lease or Ground Lease
- Zoned P-B-C in Unincorporated Chatham County; Flexibility for a Variety of Commercial Uses
- Hotels, Restaurants, Henderson Golf, Dense Residential Developments and Westward Growth
- Opportunity for Continued Restaurant Use or Redevelopment
- At NE Quadrant of I-95 & GA Hwy 204 at Gateway with Combined TC of 130,050 VPD
- GA Hwy 204/Abercorn St Connects Residents and Tourists to Downtown, Islands & Beaches
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Building | 5,101 SF | Negotiable | $24.50 /SF/YR $2.04 /SF/MO $124,975 /YR $10,415 /MO | Triple Net (NNN) |
1st Floor, Ste Building
Building available for lease: $24.50 PSF, NNN. Parcel available for ground lease at $125,000/yr. Current estimated RETax and Insurance is $3.93 PSF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Select Tenants at I-95 @ Exit 94: Lease or Ground Lease
- Tenant
- Description
- US Locations
- Reach
- Ruby Tuesday
- Restaurant
- 323
- International
| Tenant | Description | US Locations | Reach |
| Ruby Tuesday | Restaurant | 323 | International |
Property Facts
| Total Space Available | 5,101 SF | Gross Leasable Area | 5,101 SF |
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Restaurant |
| Total Space Available | 5,101 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,101 SF |
| Year Built | 2002 |
About the Property
SVN is pleased to offer a ±2.588-acre property at Exit 94 of I-95 in Southside Savannah. The property is improved with a ±5,101 square foot free-standing commercial building presently operating as a casual restaurant. Available for lease or ground lease, it offers opportunities for continued restaurant use or redevelopment. Property is zoned P-B-C (Planned Community Business) in unincorporated Chatham County, allowing flexibility for a variety of commercial uses, subject to applicable zoning regulations and governmental approvals. Building lease rate: $24.50 PSF/yr., NNN; Parcel ground lease rate: $125,000/yr., NNN. Current estimated RETax and Insurance: $3.93 SF/yr. The property is strategically located at the Northeast quadrant of Exit 94 at I-95 and GA Highway 204 in Southside Savannah. This interchange, known as Gateway, is the southernmost Savannah exit when traveling on I-95. Traffic counts are ±96,550 vehicles per day on I-95 and ±33,500 on GA Highway 204. Gateway features a dense development of hotels, restaurants, retail and services businesses, along with nearby residential communities including the Henderson Golf Course and The Links at Georgetown townhomes. As it flows directly downtown, GA Highway 204 becomes Abercorn Street, an extremely heavy retail corridor that experiences traffic counts of up to 57,000 vehicles per day. Abercorn Street connects residents and tourists with 2 regional malls, Hunter Army Air Field, 3 hospitals, established business and residential communities, the Downtown Historic District and easy access to Savannah's islands and beaches. Continued residential expansion to the west further enhances the area’s long-term growth, highlighted by the nearby New Hampstead master-planned community, which is expected to include more than 10,000 residential units at completion.
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
I-95 @ Exit 94: Lease or Ground Lease | 580 Al Henderson Blvd