Retail Property For Sale
$850,000
225 W Broughton St, Savannah, GA 31401
For Sale
Retail
Street Retail
Active
Last Updated: 11/08/2022
6.5
Cap Rate
55,250
NOI
Details:
Cap Rate: 6.5%
NOI: $55,250
Building Size: 1,584 sqft
Lot Area: 0.18 acres
Class: C
Year Built: 1875
Price Per Sqft: $536.62
Highlights:
- Excellent Location with high Pedestrian Traffic
- National Retailers adjacent
- Competitive CAP Rate
Description:
Rare opportunity to own investment space on Broughton Street, Historic Savannah's busiest retail corridor. This location enjoys heavy pedestrian traffic, with easy access to City Market, popular with Savannah's 13 million annual visitors. Tenant occupied with 3 years remaining on the lease. Adjacent stores include Urban Outfitters, H & M, Palm Avenue, Vinyard Vines, McDonalds, and The Walking Company.
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