Retail Space in Multifamily
For Lease
$18 SF/Yr
500 Pennsylvania Avenue, Savannah, GA 31404
Approximately 2,200 square feet can be leased together or divided into smaller retail suites.
Space Size1,081 SF - 2,162 SF
Property Size2,200 SF
Days on Market725
Property Features for 500 Pennsylvania Avenue
General Information
Standard status
Active
Size
1,081 SF - 2,162 SF
Net Rentable
2,162 SF
Property subtype
Retail
Space & Availability
Available Space
1,081-2,162 SF
Contiguous Space
2,162 SF
Divisible
Yes
Space Use
Retail
Site & Location
Neighborhood
Twickenham
Additional Details
Flexible Term
Yes
Taxes and HOA fees
Annual Taxes
$83,610
Building Details
Building Size
2,200 SF
Year Built
2012
Listing Agency:
Parker Scott Properties
Listed By:
Michelle Parker · License #276851
(912) 604-1197
Source:
Coastwardrealty
Added: Nov 6, 2024
Changed: Oct 26
Last Checked: Oct 31 at 7:43AM
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 Parker Scott Properties
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Investment Insights
Based on property information with market context.
Retail premises are offered within a multifamily property completed in 2012. The available area is listed at 2,200 square feet, with an option to lease the full space or divide it into two portions of 2,162 square feet each. The property is located at 500 Pennsylvania Avenue in Savannah, Georgia.
The premises are currently in cold-shell condition. Quotes have been obtained to complete a vanilla-shell finish, and lease terms are negotiable.
The premises are currently in cold-shell condition. Quotes have been obtained to complete a vanilla-shell finish, and lease terms are negotiable.
Key Highlights
- 2012 construction
- 2,200 square feet of retail space
- Option to lease the full area or divide it; full‑space option is stated as 2,162 SF
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Parker's Kitchen
Shops & Services
13,498 visits/mo
0.5 miles
Dollar Tree
Shops & Services
6,992 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
1,713 visits/mo
0.5 miles
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Savannah, GA
$33.51 /SF/Yr
Avg Asking Price
$8.5–$80 /SF/Yr
Price Range
10,743 SF
Avg Space Size
This space is priced 46% below the average of $33.51 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Approximately 2,200 square feet can be leased together or divided into smaller retail suites.
Where is this retail space located?
The property is located at 500 Pennsylvania Avenue Savannah, GA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2012 construction; 2,200 square feet of retail space; Option to lease the full area or divide it; full‑space option is stated as 2,162 SF
