1493 Old River Rd - Convenience Store FOR SALE


Bloomingdale, GA 31302
$7,619,000 USD
703-477-1315
1493 Old River Rd, Bloomingdale, GA for Sale
$7,619,000 USD
Convenience Store - FOR SALE
1/6
null | 5.25% Cap Rate

1493 Old River Rd
Bloomingdale, GA 31302


HIGHLIGHTS

  • 20-Year Sale-Leaseback Offering | Absolute NNN Ground Lease
  • Immediate Interstate Access
  • High-Flow Diesel Optimization in a Top-Tier Logistics Corridor
  • Strategic Proximity to the $7.6B Hyundai Metaplant
  • 20-mile drive from the Port of Savannah

OVERVIEW

CBRE is pleased to offer for sale the absolute NNN Parker’s Kitchen sale-leaseback ground lease situated on 6.96 acres in Bloomingdale, GA—part of the Savannah MSA (population: 437,261). At closing, Parker’s Kitchen will execute a new, 20-year absolute NNN ground lease featuring 10% rent increases every 5 years throughout the initial term and in each of the four, 5-year renewal options. Located approximately 17 miles west of downtown Savannah, Parker’s Kitchen is located at a hard corner at the signalized intersection of Old River Road (5,590 VPD) and Savannah Portside International Parkway, just feet from access to Interstate 16 (43,700 VPD). This 5,175-square-foot convenience store and gas station recently opened in July 2025 and is suited to accommodate both passenger vehicles and larger diesel trucks.

FOR SALE DETAILS

PRICE

$7,619,000 USD

PRICE/SF

$1,472 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parker's Kitchen: Bloomingdale, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

7.21 AC

LAND SF

313,969 SF

ZONING

B-3

APN/PARCEL ID

03300-00000-046-000

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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