NNN Industrial | Off I-95 3920 Ogeechee Rd
7,000 SF 100% Leased Industrial Building Online Auction Sale Savannah, GA 31405
Place your bid!
INVESTMENT HIGHLIGHTS
- Single-tenant NNN lease industrial investment opportunity located minutes from Savannah/Hilton Head International Airport.
- Fixed on 2 acres of land with ample outdoor space, a fenced truck court, and configurable space allowing for fleet vehicle parking.
- With 7,000 square feet of gross leasable space, the property offers versatility to accommodate various tenant needs.
- Quick access to GA 21 and Interstate 95 offers connectivity to key transportation hubs enhancing logistics and accessibility for tenants.
- Valuable opportunity to expand investors property portfolio into Savannah, a region that has experienced a surge in demand in recent years.
- Proximity to the Georgia Ports provides a logistics advantage, facilitating efficient supply chain management and reducing transportation costs.
EXECUTIVE SUMMARY
3920 Ogeechee Road offers investors a superior industrial opportunity in Savannah, Georgia. The sizable facility rings in at 7,000 square feet on 2 acres. The single-story asset was constructed in 1985 and has been maintained over the years. Desirable industrial features include eight drive-in doors, four high-bay grade level doors, and 16-foot clear heights. The property also consists of a front retail sales office counter. The asset has a low-maintenance façade, allowing for the buyer’s peace of mind. Presently, the property is 100% occupied by a single tenant, Transdev/First Transit Inc. The tenant is a leading operator and integrator of multiple modes of public transportation, offering services such as bus, paratransit, rail, and autonomous fleet solutions. There are two years remaining on its term, allowing several options for new ownership moving forward. New ownership can lease out this space at market rates or utilize the space for their own needs while collecting income.
Situated strategically along the southeastern coast of the United States, Savannah boasts excellent transportation infrastructure with access to Interstate 95, Savannah/Hilton Head International Airport, and the Georgia Ports Authority. This connectivity makes it a prime location for logistics, distribution, and manufacturing industries. The city's diverse economy, including sectors like tourism, healthcare, and manufacturing, provides a solid foundation for commercial ventures. Investors benefit from a business-friendly environment, supportive local government policies, and a skilled workforce. The region's historic charm, coupled with modern amenities, attracts businesses and visitors alike, contributing to a vibrant commercial real estate market. Savannah's steady economic growth, combined with its strategic location and favorable business climate, positions it as an attractive destination for commercial real estate opportunities and portfolio expansion.
3920 Ogeechee Road is in the perfect position within Savannah. Right beside the airport, with access to Interstate 95 and other major roadways, this location is the ultimate place for investment. This area is a major industrial region, with government buildings, CSX Savannah Yard, warehouses, and engineering companies making up most of the community. Many national and local retailers are within a quick drive, including McDonald’s, Dunkin’, Bojangles, O'Reilly Auto Parts, Dollar General, and countless others.
3920 Ogeechee Road is where an excellent investment meets a dynamic location.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Property listed by Brian Brockman - Georgia License #378952.
Situated strategically along the southeastern coast of the United States, Savannah boasts excellent transportation infrastructure with access to Interstate 95, Savannah/Hilton Head International Airport, and the Georgia Ports Authority. This connectivity makes it a prime location for logistics, distribution, and manufacturing industries. The city's diverse economy, including sectors like tourism, healthcare, and manufacturing, provides a solid foundation for commercial ventures. Investors benefit from a business-friendly environment, supportive local government policies, and a skilled workforce. The region's historic charm, coupled with modern amenities, attracts businesses and visitors alike, contributing to a vibrant commercial real estate market. Savannah's steady economic growth, combined with its strategic location and favorable business climate, positions it as an attractive destination for commercial real estate opportunities and portfolio expansion.
3920 Ogeechee Road is in the perfect position within Savannah. Right beside the airport, with access to Interstate 95 and other major roadways, this location is the ultimate place for investment. This area is a major industrial region, with government buildings, CSX Savannah Yard, warehouses, and engineering companies making up most of the community. Many national and local retailers are within a quick drive, including McDonald’s, Dunkin’, Bojangles, O'Reilly Auto Parts, Dollar General, and countless others.
3920 Ogeechee Road is where an excellent investment meets a dynamic location.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Property listed by Brian Brockman - Georgia License #378952.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
MARKET ANALYTICS Click Here to Access
$99,999
Asset Value
$99,999
12 Month Sales Volume
12 Month Sales Volume
Total
Lowest
Highest
Transactions
999
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-
Sales Volume
$99,999
$99,999
$99,999
Properties Sold
999
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Transacted SF
999
999
999
Average SF
999
999
999
9.9%
Market Cap Rate
9.9%
Market Sale Price/SF Change (YOY)
12 Month Sales Price
Average
Lowest
Highest
Market
Cap Rate
9.9%
9.9%
9.9%
9.9%
Sale Price/SF
$99,999
$99,999
$99,999
$99,999
Sale Price
$99,999
$99,999
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-
Sale vs Asking Price
-9.9%
-9.9%
-9.9%
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% Leased at Sale
9.9%
9.9%
9.9%
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Market Sale Price per SF
Savannah - GA USA
Market Cap Rate
Savannah - GA USA
Market Sale Price per SF by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Cap Rate by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Sale Price per SF Distribution
Market Cap Rate Distribution
PROPERTY FACTS
| Sale Type | Investment NNN |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 7,000 SF |
| Number of Floors | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Clear Ceiling Height | 16 ft |
| Level Access Doors | 8 |
AMENITIES
- Bus Route
- Fenced Lot
- Signage
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Jacksonville
903,889
129
2 h 28 m
Atlanta
498,044
249
4 h 37 m
Charlotte
872,498
254
4 h 50 m
Miami
470,914
476
8 h 52 m
Nashville
669,053
495
9 h 13 m
Louisville
620,118
636
12 h 11 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
252,709
Total Labor Force
134,416
Unemployment Rate
3.11%
Median Household Income
$59,773
Warehouse Employees
21,034
High School Education Or Higher
90.50%
$ values in USD
PROPERTY TAXES
| Parcel Number | 2079201004B | Improvements Assessment | £34,237 |
| Land Assessment | £75,636 | Total Assessment | £109,873 |
ZONING
| Zoning Code | PBG |
SALE ADVISOR
SALE ADVISOR
Todd Wenzel, CEO / Managing Broker
(315) 882-1600
Contact
In early 2021, after already having spent 23 years in the commercial real estate industry, Todd began analyzing and then utilizing the accelerated marketing platform of Ten-X. He quickly realized that the breadth and depth of the platform was unparalleled in the industry, leading to a fresh, exciting, and much more efficient way to trade CRE. The realization that the future of trading assets had already arrived inspired him to establish wyze, a first-of-its-kind commercial real estate brokerage.
Todd’s experience began with Pyramid Management Group, the largest privately held shopping center developer in the Northeast, where he was responsible for leasing the firm’s regional and super-regional mall portfolio. From there, he acted as Vice President – Retail Property Advisors at Robert K. Futterman & Associates providing comprehensive leasing, marketing, and consulting services to owners and developers of malls, lifestyle centers, and mixed-use projects across the country. He then served as Principal of Global Property Advisors where he focused on lease negotiation, tenant site selection, mixed-use project development, shopping center re-development, as well as acquisition and disposition of commercial real estate assets.
Todd’s experience began with Pyramid Management Group, the largest privately held shopping center developer in the Northeast, where he was responsible for leasing the firm’s regional and super-regional mall portfolio. From there, he acted as Vice President – Retail Property Advisors at Robert K. Futterman & Associates providing comprehensive leasing, marketing, and consulting services to owners and developers of malls, lifestyle centers, and mixed-use projects across the country. He then served as Principal of Global Property Advisors where he focused on lease negotiation, tenant site selection, mixed-use project development, shopping center re-development, as well as acquisition and disposition of commercial real estate assets.
ABOUT THE AUCTION PLATFORM
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial property. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT
Taylor Cunningham
Contact
Auctioneer License:
Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
