17264 U.S. 301 Bypass
74,000 sqft - Third Gen Below Replacement Cost
Marketing description
Blokk Commercial Real Estate is pleased to present 17264 Highway 301 N, a ±74,000 square foot third- generation industrial facility located in Statesboro, Georgia. Positioned along a major transportation corridor, this property offers excellent regional connectivity—just one hour from the Port of Savannah, 40 minutes from the Hyundai Metaplant, and just 4 minutes from the Bulloch County Airport. The building is equipped with 3-phase power, ten grade-level doors, and four dock-high doors, providing versatile access for a wide range of industrial users. With its functional layout and immediate availability, this property presents an ideal opportunity for manufacturers, distributors, or logistics operators seeking a cost-effective facility with strategic proximity to Southeast Georgia’ s growing industrial base.
Investment highlights
Acquisition basis of $13.51/SF on a ±74,000 SF warehouse with 14 total loading positions (10 grade-level / 4 dock-high), 3-phase power, and ±2.55 acres of HOC-zoned land on direct Highway 301 frontage. The asset is positioned 40 minutes from the $7.6B Hyundai Metaplant and 1 hour from the Port of Savannah — Statesboro remains the natural overflow market for users priced out of Pooler and Bryan County as the 17 announced Hyundai suppliers (~7,000 jobs / $2.7B of additional capex) continue building out. Near-term scope is limited to a ±76,000 SF roof replacement, leaving a clear path to stabilization and a yield-on-cost in the low double digits at market rents.
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