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I-16 Hwy, Unit 280 Ellabell, GA 31308

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For Sale
$6,260,000

NNN Pilot Ground Lease owned by Berkshire Hathaway.

Property size:
10 SF
Lot size:
10.00 Acres

Property Features for I-16 Hwy

General Information

Size
10 SF
Lot size
10.00 Acres

Source: Adam Bryant, CCIM, SIOR Agent Adam Bryant, CCIM, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Pilot Ground Lease Opportunity

This is an opportunity to acquire fee simple ownership of a NNN Pilot Ground Lease, owned by Berkshire Hathaway, located in Bryan County, Georgia, within the Savannah MSA. The property is situated at the northeast quadrant of I-16 and Highway 280, directly across from the Hyundai EV Plant, which represents a direct investment of $5.5 billion, with suppliers and vendors representing an additional $1.5 billion to date. The NNN ground lease commenced on March 1, 2024, for a period of 20 years, expiring on February 29, 2044. The Net Operating Income (NOI) is $360,000 annually for the first 5 years, with increases scheduled in Year 6 and every 5 years thereafter. The business opened on July 20, 2024. The site is located in Bryan County, Georgia, a submarket of Savannah, at Exit 143 on I-16, 14 miles from the interchange of I-95 and I-16. This site's strategic position is directly related to the proximity of industrial and manufacturing developments that have expanded due to Savannah’s Port Growth. The property is an approximately 10-acre interstate site located on I-16 at Exit 143.
Location Intelligence

Current Use by Public Records

Truck stops

Map

City
Ellabell
County
Bryan
State
Georgia
Longitude
-81.5002
Latitude
32.121

FAQs

What type of property is this?
Truck stop - NNN Pilot Ground Lease owned by Berkshire Hathaway.
Where is this truck stop located?
The property is located at I-16 Hwy, Unit 280 Ellabell, GA.
What is the asking price?
The asking price for this property is $6,260,000.
What are key features of this property?
This property features: - NNN Ground Lease with Berkshire Hathaway as tenant; - Located directly across from the Hyundai EV Metaplant; - Strategic location at the NE quadrant of I-16 and Highway 280 (Exit 143)
More about this property
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