I-16 Hwy, Unit 280 Ellabell, GA 31308
NNN Pilot Ground Lease owned by Berkshire Hathaway.
Property size:
10 SFLot size:
10.00 AcresProperty Features for I-16 Hwy
General Information
- Size
- 10 SF
- Lot size
- 10.00 Acres
Source:
Svn
Listing 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
Nearby Similar for Sale
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)