11706 Mercy Blvd
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11706 Mercy Blvd
8,025 SF 100% Leased Office Building Savannah, GA 31419 £1,969,250 (£245/SF)
Executive Summary
An 8,000 sf tenanted MOB directly opposite St Josephs Candler hospital in Savannah GA
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£141,759
|
£17.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£141,759
|
£17.66
|
| Taxes |
£10,377
|
£1.29
|
| Operating Expenses |
£14,434
|
£1.80
|
| Total Expenses |
£24,811
|
£3.09
|
| Net Operating Income |
£116,948
|
£14.57
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £141,759 |
| Annual Per SF | £17.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £141,759 |
| Annual Per SF | £17.66 |
| Taxes | |
|---|---|
| Annual | £10,377 |
| Annual Per SF | £1.29 |
| Operating Expenses | |
|---|---|
| Annual | £14,434 |
| Annual Per SF | £1.80 |
| Total Expenses | |
|---|---|
| Annual | £24,811 |
| Annual Per SF | £3.09 |
| Net Operating Income | |
|---|---|
| Annual | £116,948 |
| Annual Per SF | £14.57 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,025 SF
Building Class
B
Year Built/Renovated
1974/2000
Price
£1,969,250
Price Per SF
£245
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
8,025 SF
Building FAR
0.43
Lot Size
0.43 AC
Zoning
I-P
Parking
28 Spaces (3.49 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Gastroenterology Consultants of Savannah,
- Health Care and Social Assistance
- 4,606 SF
- £22.13
- Modified Gross
- Aug 2027
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Gastroenterology Consultants of Savannah, | Health Care and Social Assistance | 4,606 SF | £22.13 | Modified Gross | Aug 2027 |
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PROPERTY TAXES
| Parcel Number | 2075402034 | Total Assessment | £230,893 (2024) |
| Land Assessment | £104,871 (2024) | Annual Taxes | £10,377 (£1.29/sf) |
| Improvements Assessment | £126,022 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2075402034
Land Assessment
£104,871 (2024)
Improvements Assessment
£126,022 (2024)
Total Assessment
£230,893 (2024)
Annual Taxes
£10,377 (£1.29/sf)
Tax Year
2023
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11706 Mercy Blvd
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