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Banfield Pet Hospital 103 Mall Blvd

5,144 SF Retail Building Savannah, GA 31406 £3,073,464 (£597/SF) 5.50% Net Initial Yield

Investment Highlights

  • 2025 new construction | Fresh 10-year term
  • Corporate lease | Medical Management International, Inc. | 1,000+ locations across the U.S., Mexico, and Puerto Rico
  • Adjacent to signalized corner intersection | Mall Blvd & Abercorn St | 50,900 VPD combined
  • Outparcel to Oglethorpe Mall | 989,655 SF of retail space
  • High barrier to entry | Savannah is one of the hottest markets in the southeast with limited inventory for sale
  • Located inside of dense retail corridor | 5.8M SF within a 2-mile radius

Executive Summary

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Banfield Pet Hospital in Savannah, GA. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,144 SF
Year Built
2024
Price
£3,073,464
Price Per SF
£597
Net Initial Yield
5.50%
NOI
£169,041
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
0.76 AC
Parking
46 Spaces (8.94 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Zoo Health Club
The Original Pancake House
Truist
Checkers
Jason's Deli
L & L Hawaiian Barbecue
Kroger Fuel Center
Synovus Bank
Bank of America
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2053201004
Land Assessment
£8
Improvements Assessment
£0
Total Assessment
£8
  • Listing ID: 33839972

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 103 Mall Blvd, Savannah, GA 31406

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