510 Bourne Ave - Warehouse FOR SALE


Garden City, GA 31408- Outer Westside/Port Wentworth
$2,950,000 USD
407-557-3861
510 Bourne Ave, Garden City, GA for Sale
$2,950,000 USD
Warehouse - FOR SALE
1/4
null | 5.75% Cap Rate

510 Bourne Ave
Garden City, GA 31408
Outer Westside/Port Wentworth


HIGHLIGHTS

  • • Corporate Lease with Herc Rentals, Inc | NYSE: HRI (3rd Largest Equipment Rental Company in the U.S.)
  • • Former Tenant Acquired via a $5.3 Billion Merger (Herc Purchased H&E Equipment Services June 2025)
  • • Original 15-Yr NNN Lease | Minimal LL Responsibilities (8.5+ Years Remaining | Annual CPI Increases (No Cap))
  • • Proximity to Port of Savannah & SAV Airport | 1.3 Miles (Largest Single Container Port in North America)
  • • Original Build to Suit Equipment Rental Facility (28+ Year Occupancy Through Multiple National Brands)
  • • Part of the Savannah MSA | 3rd Largest in Georgia (High Growth Major Logistics Hub)

OVERVIEW

• Corporate Lease with Herc Rentals, Inc | NYSE: HRI - 3rd Largest Equipment Rental Company in the U.S. • Former Tenant Acquired via a $5.3 Billion Merger - Herc Purchased H&E Equipment Services June 2025 • Original 15-Yr NNN Lease | Minimal LL Responsibilities - 8.5+ Years Remaining | Annual CPI Increases (No Cap) • Proximity to Port of Savannah & SAV Airport | 1.3 Miles - Largest Single Container Port in North America • Original Build to Suit Equipment Rental Facility - 28+ Year Occupancy Through Multiple National Brands • Part of the Savannah MSA | 3rd Largest in Georgia - High Growth Major Logistics Hub • Quick Access to Interstate-95 & Interstate-16 - Less than a 10 Minute Commute to Both Systems • High Barrier to Entry Market for Outdoor Storage - 2.6% Submarket Vacancy Rate (CoStar) • Year Over Year Consistent Population Growth - Over 14% Increase in the Last 10 Years

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Herc Rentals | Port of Savannah

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.1

LAND SF

135,036

ZONING

I-H

APN/PARCEL ID

6089101039

ASK ABOUT THIS PROPERTY

Rory ShelbyMarcus & MillichapMore Info
407-557-3861

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Rory ShelbyMarcus & MillichapMore Info
407-557-3861

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