302 W Victory Dr - Freestanding FOR SALE


Savannah, GA 31405- Metropolitan
$3,200,000 USD
912-604-1197
302 W Victory Dr, Savannah, GA for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/51
null | 7% Cap Rate

302 W Victory Dr
Savannah, GA 31405
Metropolitan


HIGHLIGHTS

  • Great investment opportunity

OVERVIEW

A stabilized retail investment in Savannah with strong traffic and immediate income. Victory Plaza West at 302 W Victory Drive is a fully leased, seven-unit shopping center totaling ±9,151 SF, offered at $3,200,000 with a 7% cap rate. Located on a signalized corner in the Starland District, this high-visibility asset features ±300 feet of frontage along Victory Drive with approximately 25,000 vehicles per day, surrounded by restaurants, bars, and boutique retail. Property highlights: • ±9,151 SF fully leased retail center • Seven-unit shopping center • 7% cap rate at $3,200,000 • ±13,939 SF lot with TC-2 zoning • 3-story asset with flexible layout • 11 on-site parking spaces • Signalized intersection location • ±300 feet of frontage on Victory Drive • Pylon signage for strong visibility • Bus line access Location highlights: • Across from SCAD Victory Village housing • Positioned in the Starland District • Surrounded by retail, dining, and nightlife • Near new multifamily development Victory Plaza West offers stable in-place income with long-term upside in one of Savannah’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Victory Plaza West

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

TC-2

APN/PARCEL ID

2007421014

ASK ABOUT THIS PROPERTY

Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

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Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

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