329 E Montgomery Cross Rd - Convenience Store FOR SALE


Savannah, GA 31406
$2,500,000 USD
713-452-4200
329 E Montgomery Cross Rd, Savannah, GA for Sale
$2,500,000 USD
Convenience Store - FOR SALE
1/4
null | 8% Cap Rate

329 E Montgomery Cross Rd
Savannah, GA 31406


HIGHLIGHTS

  • Over Eight Years Remaining on a 10-Year Lease
  • Corporate Guaranteed by the fi fth largest collision company in the US.
  • Passive investment opportunity with minimal landlord responsibilities.
  • Annual rent increases to hedge against infl ation.
  • Only collision center within a 3-mile radius.
  • Within a mile of Oglethorpe Mall, a super-regional shopping mall with nearly one-million square feet.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joe Hudson’s Collision Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

BN

APN/PARCEL ID

2053009006A

ASK ABOUT THIS PROPERTY

Justin MillerMarcus & MillichapMore Info
713-452-4200

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Justin MillerMarcus & MillichapMore Info
713-452-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.