140 Johnny Mercer Boulevard Savannah, GA 31410
Retail property available for sale on Johnny Mercer Boulevard.
Property Features for 140 Johnny Mercer Boulevard
General Information
- Standard status
- Active
- Size
- 24,064 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing office Whitley & Associates, Inc
Listing date May 15, 2026
Source Crexi
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 Whitley & Associates, Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Retail property available for sale.
- Located on Johnny Mercer Boulevard.
- Built in 1980.
Local Financial Insights For Retail
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 | $418.7k | $17.40 |
| − Vacancy | −$28.5k | −$1.18 |
| EGI | $390.2k | $16.22 |
| − OpEx | −$117.1k | −$4.87 |
| NOI | $273.2k | $11.35 |
