761 Wheaton St Savannah, GA 31401
Five-story, 110,445 SF building on 6.49 acres leased to Georgia.
Property size:
110,445 SFLot size:
6.49 AcresProperty Features for 761 Wheaton St
General Information
- Size
- 110,445 SF
- Lot size
- 6.49 Acres
Source:
Moodyscre
Listing Agent: Michael Bull
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Savannah Office Building Leased to State
This five-story building encompasses approximately 110,445 square feet and is situated on approximately 6.49 acres in Savannah, Georgia. Developed in 2004 for The Georgia Department of Children and Family Services, the property was initially leased for 15 years. The lease was renewed in 2019 for 20 years, with 14 years remaining. The tenant may remain longer due to a property tax exemption structure resulting in below-market rent. The Georgia Division of Family and Children Services (DFCS) provides support services and programs for citizens of Savannah and Chatham County, including ensuring child safety, finding foster and adoptive homes, assisting out-of-work parents, and administering SNAP, Medicaid, and TNAF assistance programs. The building is located in a high-growth metro area with a strong economy, tourism, and population expansion.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chatham County DFCS
County Government Office
Savannah/Chatham CASA
Social Services Organization
Homeless Authority
Homeless Service
Child Abuse & Neglect
Social Services Organization
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.0832148
- Latitude
- 32.0697943
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FAQs
What type of property is this?
Office building - Five-story, 110,445 SF building on 6.49 acres leased to Georgia.
Where is this office building located?
The property is located at 761 Wheaton St Savannah, GA.
What is the asking price?
The asking price for this property is $20,250,000.
What are key features of this property?
This property features: - 14-year lease to the State of Georgia (Georgia Department of Children and Family Services).; - ±110,445 SF building on ±6.49 acres in Savannah, Georgia.; - Lease renewed in 2019 for 20 years, indicating tenant satisfaction.