Glynn County Warehouse Investment
120 Shell Drive Brunswick, GA 31520
120 Shell Drive, Brunswick, GA, 31520
$485,000
For Sale
$485,000
3,600 SF warehouse on 1-acre lot with credit tenant.
Property Size3,600 SF
Lot Size1.00 Acre
Price / SF$134.72
Days on Market172
Property Features for 120 Shell Drive
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial
Listing Agency
La Rosa Realty, Llc
(912) 268-4069
Listed by
Luke Jackson · License #3493021
Source
Nmrk
Added: Jan 27 Checked: Jul 17 at 4:04 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of La Rosa Realty, Llc
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with a credit tenant in place. It features a ±3,600 square foot warehouse situated on a 1-acre lot. The property is located in central Glynn County and is zoned Limited Industrial (LI). The property includes 8 truck doors and is currently under a new 5-year NNN lease.
Key Highlights
- New 5‑year NNN Lease in place.
- Credit Tenant ensures reliable income.
- 8 Truck doors for efficient operations.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.8k | $7.44 |
| − Vacancy | −$1.6k | −$0.43 |
| EGI | $25.2k | $7.01 |
| − OpEx | −$3.8k | −$1.05 |
| NOI | $21.4k | $5.96 |
3,600 SF · lease $7.44/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$306.4K
$268.1K – $357.4K
NOI $21,446 @ 7.0% cap · market cap 4.42%
Second Best
Industrial
$234.3K
$205.0K – $273.3K
NOI $16,399 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$747.1K
$653.8K – $871.7K
NOI $52,300 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Frito-Lay Inc
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Seaside Storage — 25 coral park dr, brunswick, ga 31520
- Coastal Boat and RV Storage — 115 McKinna Pl, Brunswick, GA 31520
FAQs
What type of property is this?
Warehouse - 3,600 SF warehouse on 1-acre lot with credit tenant.
Where is this warehouse located?
The property is located at 120 Shell Drive Brunswick, GA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: New 5‑year NNN Lease in place.; Credit Tenant ensures reliable income.; 8 Truck doors for efficient operations.
