224 Bourne Blvd - Warehouse FOR SALE


Savannah, GA 31408- Outer Westside/Port Wentworth
$10,850,000 USD
912-483-6160
224 Bourne Blvd, Savannah, GA for Sale
$10,850,000 USD
Warehouse - FOR SALE
1/6
null | 6.22% Cap Rate


HIGHLIGHTS

  • 100% leased ±42,000 SF industrial investment
  • New construction – completed in 2025
  • ±6.7 years weighted average lease term remaining
  • ±5.9 miles to Garden City Terminal | ±2.1 miles to I-95

OVERVIEW

A newly constructed, fully leased industrial investment located within SPA Industrial Park in Savannah, Georgia. The ±42,000-square-foot facility was completed in 2025 and is 100% leased to two tenants under NNN leases with approximately 6.7 years of weighted average lease term remaining. The property generates approximately $675,150 in NOI and is offered for sale at $10,850,000. The asset consists of two ±21,000-square-foot suites leased to ZIAMI and Paulson-Cheek Mechanical, with contractual annual rent increases of 3.5%. Built on ±3.79 acres, the property features 24-foot clear height, eight dock-high doors, two drive-in doors, ESFR sprinklers and Heavy Industrial zoning. Strategically positioned near Savannah's major transportation infrastructure, the property is approximately 2.1 miles from Interstate 95, 4.0 miles from Interstate 16, 5.3 miles from Savannah/Hilton Head International Airport and 5.9 miles from the Georgia Ports Authority's Garden City Terminal.

FOR SALE DETAILS

PRICE

$10,850,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

8

DRIVE INS

2

PARKING SPACES

27

LAND DETAILS

LAND ACRES

3.79

LAND SF

165,092

ZONING

SPA-Industrial

APN/PARCEL ID

2098504073

ASK ABOUT THIS PROPERTY

Sebastian FindlayColliersMore Info
912-483-6160

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Sebastian FindlayColliersMore Info
912-483-6160

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