220 W. Broughton Street - Savannah, GA

220 W. Broughton Street
Savannah, GA 31401

Marketing Materials

Overview

Situated amidst a dense retail corridor and Savannah’s Historical District (13.9 million tourists annually), the Property is positioned as a highly desirable investment opportunity with \\nintrinsic real estate value, contractual rent growth, and national tenancy growth. The Asset features a newly executed 10-year lease with the Maple Street Biscuit Company, a high-growth retail tenant founded in Jacksonville, FL. The Property’s location along the famed Broughton Street is further supported by proximity to many national tenants across the retail, hospitality, and banking sectors. Further, the potential to re-position a portion of the Asset as a mixed-use, office or multifamily development within the upper floors of the Property exists for investors. This \\noffering represents the rare opportunity to purchase a growing national retail tenant with and significant intrinsic real estate value within a historic Southeastern market.
  • Primary Broker

    Kris Cooper - Net Lease Broker
    Kris Cooper
    (404) 216-2978

  • Secondary Broker(s)

    Taylor Wolfes - Net Lease Broker
    Taylor Wolfes
    (404) 995-2275

  • Josh Magaro - Net Lease Broker
    Josh Magaro
    (404) 995-6569

  • In-State Licensee

    Kris Cooper - Net Lease Broker
    Kris Cooper
    GA

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Investment Highlights
• Newly executed 10-year net lease with the Maple Street Biscuit Company, a high-growth retail tenant founded in Jacksonville, FL.
• Maple Street Biscuit Company currently operates 21 locations with 30+ expected by EOY 2018
• Adjacent to leading national brands including Lululemon, Victoria’s Secret, J. Crew, H&M, and Banana Republic
• Port of Savannah is largest in the nation, has created 369,000 jobs and produces $84 billion in annual revenue
• Savannah Port Expansion Project is currently underway to enable docking of larger ships
• The Savannah College of Art & Design hosts 10,000 students all with access to Broughton Street
• The potential exists for investors to reposition the second and third floor of the asset
General
Property Type Retail
Property Address 220 W. Broughton Street
Savannah, GA 31401
Market GA-Savannah
Sub Market Downtown
Land In Acres 0.06
Building Size 9,159 Square Feet
Primary Use Storefront Retail & Office
Tenancy Multi-Tenant
Financial
Price Confidential
Cap Rate Confidential
Current NOI Confidential
Lease
Remaining Term Confidential