Prime Real Estate Close to Port of Savannah

Price: $1,250,000

Location: 56 Telfair Place Savannah GA 31415

Industry: Real Estate

Listing ID: 1090

56 Telfair Place

Commercial Real Estate Port of Savannah Manufacturing, Industrial, Logistics

This property is located less than 5 miles from The Port of Savannah. The port and its transportation infrastructure continue to attract companies including Gulfstream Aerospace, Georgia-Pacific, and International Paper to the metro. And this cycle has been characterized by outsized demand generated by the fastest-growing container facility in the United States. Strong absorption throughout the cycle is now accelerating as developers have finally started to return. And return they have, as the metro saw over five million square feet of product delivery in 2017, more than tripling its historical average. Despite a flood of development hitting the Savannah market, vacancies remained exceptionally compressed and rent growth is still elevated. Investment sales have cooled from a record-setting 2016 as investors wait to see how the market digests the new supply, however, pricing per square foot has continued to shoot higher.

Listing Details

Lender Pre-Qualified?: Yes

Location

Facilities Information:

building SF:16,335Facilities:2.81 Acres,
multiple buildings totaling approximately 16,335 sqft.

The seller is operating a business on site that is priced and sold separately. This is an ideal investment opportunity for a logistics related business growth & Expansion: Less than 5 miles from the fastest growing, 4th largest container port in the USA!Reason for Selling: Seller is retiring

Summary

Historical Summary:

56 Telfair Place

Commercial Real Estate Port of Savannah Manufacturing, Industrial, Logistics

Owner Qualifications:

56 Telfair Place

Commercial Real Estate Port of Savannah Manufacturing, Industrial, Logistics

Competition:

56 Telfair Place

Commercial Real Estate Port of Savannah Manufacturing, Industrial, Logistics

Financing/Terms:

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