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7-27 E De Renne Ave
Savannah, GA 31405
Starbucks · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Lease – Starbucks just signed a new 10 year lease with four, 5-year options
  • Corporate Guaranty – The lease is guaranteed by Starbucks Corporate entity with a BBB+ credit rating
  • Historical Landmark – This property is home to “The Globe” one of Savannah most recognizable landmarks
  • Brand New Construction – The building is newly constructed in 2023
  • Above Market Increases – Every 5 years the rent increases 12.5%
  • Easy Access – With two points of ingress and egress customers and easily access the property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.96 AC
Zoning
BC - Business Commercial
Parking
45 Spaces (18 Spaces per 1,000 SF Leased)
Frontage
351’ on Derenne Ave

AMENITIES

  • Bus Line
  • Signage
  • Listing ID: 27909973

  • Date on Market: 3/7/2023

  • Last Updated:

  • Address: 7-27 E De Renne Ave, Savannah, GA 31405

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