761 Wheaton St Savannah, GA 31401
Five-story, 110,445 SF building on 6.49 acres leased to Georgia.
Building Details
- Year built
- 2004
Source:
Tcnworldwide
Listing Agency: Bull Realty Listing Agent: Michael Bull, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Savannah Office Building For Sale
This is an opportunity to acquire a five-story building with approximately 110,445 square feet of space, situated on approximately 6.49 acres in Savannah. The property is currently leased to the State of Georgia, with 14 years remaining on the lease. Originally developed in 2004 for The Georgia Department of Children and Family Services under a 15-year lease, the lease was renewed in 2019 for a term of 20 years. The tenant may remain longer than the current lease term due to below-market rent resulting from a property tax exemption structure.
Location Intelligence
Current Use by Public Records
Chatham County DFCS
County Government Office
Savannah/Chatham CASA
Social Service Agency
Homeless Authority
Social Service Agency
Child Abuse & Neglect
Social Service Agency
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 provides stable, long-term income; - **±110,445 SF building on ±6.49 acres offers substantial space and land**; - Lease renewal in 2019 indicates tenant satisfaction and commitment
