Retail-Showroom with
For Sale
Contact for pricing
2020 GA Highway 21 S, Springfield, GA 31329
14,500 SF retail/showroom and warehouse suite with conditioned office space, grade-level roll-up doors, and a rear storage yard.
Property Size17,500 SF
Price / SF$0.00
Days on Market95
Property Features for 2020 GA Highway 21 S
General Information
Standard status
Active
Size
17,500 SF
Property subtype
Retail
Zoning
B-3
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
3
Building Details
Building Size
17,500 SF
Tenancy
Multi
Properties For Sale
at 2020 GA Highway 21 S
2
Size
14,500 SF
Type
Office Showroom
Term
Negotiable
Listing Agency:
SVN GASC | Hilton Head Island
Listed By:
Adam Bryant, CCIM, SIOR · License #GA #279255
(912) 667-2740
Source:
Svn
Added: Jul 17
Changed: Oct 15
Last Checked: Oct 19 at 4:28AM
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 SVN GASC | Hilton Head Island
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Investment Insights
Based on property information with market context.
The offering is a 14,500 SF retail/showroom and warehouse suite within a 17,500 SF multi-tenant building. The interior includes 3,000 SF of fully conditioned space featuring a wide open showroom area, three private offices, two restrooms, and a breakroom with built-in cabinetry with direct access into the warehouse.
The warehouse portion totals 11,500 SF with 20’ center ceiling height that slopes to a 16’ eave height. It includes three 12’ x 14’ grade level roll-up doors, with two along the side and one at the rear, plus an exclusive rear outdoor storage yard measuring 100’ x 125’D.
The premises has GA Highway 21 frontage. The property is zoned B-3 (Effingham Co) and is served by a private well and septic system, which eliminates monthly water and sewer utility expenses for the tenant. The space will be delivered in move-in-ready condition approximately 90 days after lease execution. Shown by appointment only; please do not disturb the current occupant.
The warehouse portion totals 11,500 SF with 20’ center ceiling height that slopes to a 16’ eave height. It includes three 12’ x 14’ grade level roll-up doors, with two along the side and one at the rear, plus an exclusive rear outdoor storage yard measuring 100’ x 125’D.
The premises has GA Highway 21 frontage. The property is zoned B-3 (Effingham Co) and is served by a private well and septic system, which eliminates monthly water and sewer utility expenses for the tenant. The space will be delivered in move-in-ready condition approximately 90 days after lease execution. Shown by appointment only; please do not disturb the current occupant.
Key Highlights
- 14,500 SF retail/showroom and warehouse suite in a 17,500 SF multi‑tenant building with GA Hwy 21 frontage
- 3,000 SF fully conditioned showroom with a wide open area, 3 private offices, 2 restrooms, breakroom with built‑in cabinetry
- 11,500 SF warehouse with 20’ center ceiling height sloping to a 16’ eave height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,601
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,292,020
$3.3M
Cap Rate 7%
$2,351,443
$2.4M
Cap Rate 9%
$1,828,900
$1.8M
Market Conditions
NOI Build-Up for 14,500 SF
Gross rent
$252.3K $17.40/SF
− Vacancy
−$17.2K −$1.18/SF
EGI
$235.1K $16.22/SF
− OpEx
−$70.5K −$4.87/SF
NOI
$164.6K $11.35/SF
Area
Effingham County, GA
Vacancy
6.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,292,020
Cap Rate 7%
$2,351,443
Cap Rate 9%
$1,828,900
Alternative Uses
Best Use
Warehouse
$13.55M
$11.86M – $15.81M
NOI $948,583 @ 7.0% cap · market cap 7,904,858.33%
Second Best
Industrial
$11.16M
$9.76M – $13.02M
NOI $781,186 @ 7.0% cap · market cap 6,509,883.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20 ft
Clear height
3
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31329, GA
9,760
Population
3,444
Households
2.8
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
92.3 sq mi
ZIP Area
106
Density / Sq Mi
$72,163
Median Household Income
$39,726
Median Earnings
$1,141
Median Rent
$221,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 14,500 SF retail/showroom and warehouse suite with conditioned office space, grade-level roll-up doors, and a rear storage yard.
Where is this flex space located?
The property is located at 2020 GA Highway 21 S Springfield, GA.
What are key features of this property?
This property features: 14,500 SF retail/showroom and warehouse suite in a 17,500 SF multi‑tenant building with GA Hwy 21 frontage; 3,000 SF fully conditioned showroom with a wide open area, 3 private offices, 2 restrooms, breakroom with built‑in cabinetry; 11,500 SF warehouse with 20’ center ceiling height sloping to a 16’ eave height
