Listed by Cushman & Wakefield - Savannah, Georgia
$2,050,000
201 Business Park Drive
Details
Property Type Office
Sub Type Medical Office
Square Footage 11,223
Cap Rate 6.72%
NOI $137,798
Occupancy 100%
Tenancy Multi
Year Built 2005
Acreage 0.605 - 0.777
Office | 6.72% CAP | 11,223 SqFt
Marketing description
201 Business Park Drive is a 11,223 SF free-standing commercial building, 100% leased to five tenants. Ideally located in the flourishing commercial district of Rincon, it has excellent frontage and visibility on Highway 21 and is within close proximity to Interstate 95. Priced at $2,050,000 or an appx. 6.7% cap rate.
205 Business Center Drive is a 0.777-acre lot directly behind the 201 Business Center office building. It is currently leased by one of the tenants and being using for additional parking. Price at $300,000.
Properties can be purchased together or separately
Listing Contacts
Listed by Cushman & Wakefield - Savannah, Georgia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$137,798.00
$11,483.17/mo
Valuation Metrics
0
DSCR
6.72%
Cap Rate
6.72%
ROI
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