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Single-Tenant NNN Retail Building
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7 E Derenne Ave, Savannah, GA 31405

Single-tenant retail building leased on an absolute NNN ground lease with 2% annual increases.

Property Size4,978 SF
Days on Market136

Property Features for 7 E Derenne Ave

General Information

Standard status Active
Size 4,978 SF
Property subtype Retail

Additional Details

Traffic Count 70,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Hutt Cooke · License #AL 000168807 - 0
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:57PM

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 Matthews

Investment Insights

Based on property information with market context.

This offering is for a single-tenant retail building occupied by Chick-fil-A. The property is a 4,978-square-foot building leased under a brand new 15-year absolute NNN ground lease with 2% annual increases. The tenant has started paying rent and is expected to open for business in February 2023.

The property is located at the intersection of E Derenne Ave and White Bluff Rd in Savannah, Georgia. The White Bluff Rd corridor is reported to see over 70,000 vehicles per day.

As a single-tenant NNN ground lease asset, the building is presented with long-term lease structure and scheduled 2% annual increases.

Key Highlights

  • 4,978 SF single‑tenant Chick‑fil‑A building on an absolute NNN ground lease
  • Brand new 15‑year absolute NNN ground lease with 2% annual rent increases
  • Location at the intersection of E Derenne Ave and White Bluff Rd with 70,000+ VPD

Property Analytics

Current Use

The Cossio Law Firm, ... Law Firm Chick-fil-A Take-out & Catering

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant HVAC Service Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,071
Businesses Nearby
353k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 29% Groceries 24% Hotels & Casinos 3%
Publix Groceries
67,205 visits/mo 0.3 miles
Chick-fil-A Dining
66,105 visits/mo 0.0 miles
Parker's Kitchen Shops & Services
41,919 visits/mo 0.1 miles
Starbucks Dining
20,352 visits/mo 0.1 miles
The Fresh Market Groceries
16,723 visits/mo 0.3 miles

Demographics for 31405, GA

38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail building leased on an absolute NNN ground lease with 2% annual increases.
Where is this nnn property located?
The property is located at 7 E Derenne Ave Savannah, GA.
What are key features of this property?
This property features: 4,978 SF single‑tenant Chick‑fil‑A building on an absolute NNN ground lease; Brand new 15‑year absolute NNN ground lease with 2% annual rent increases; Location at the intersection of E Derenne Ave and White Bluff Rd with 70,000+ VPD
(615) 667-0097 Call to check price and availability
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