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NNN Corner Property
For Sale
$599,999

22 W Oglethorpe Avenue # H, Savannah, GA 31401

A triple net lease extends through May 2027, with annual CPI-based increases and an established physical therapy tenant.

Property Size1,070 SF
Price / SF$560.75
Days on Market92

Property Features for 22 W Oglethorpe Avenue # H

General Information

Standard status Active
Size 1,070 SF
Property subtype Commercial
Zoning BC1

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $3,746

Amenities

Unfinished
Carpet,Concrete
No
Yes
2+ Common Walls
1
Historic District
Public
0.0181
Asphalt,Concrete

Building Details

Building Size 1,070 SF
Year Built 1925
Stories 1
Tenancy Single
Owner Occupied No
Listing Agency: SumnerBaird Sea Glass
Listed By: Danielle Drake
Source: Baystreetrealtygroup
Added: Jul 15 Changed: Oct 13 Last Checked: Oct 12 at 6:37PM

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 SumnerBaird Sea Glass

Investment Insights

Based on property information with market context.

This NNN property is positioned at the northeast corner of W Oglethorpe Avenue and Whitaker Street in Savannah’s Landmark Historic District. The building dates to 1925 and includes signage, along with exposure to both vehicle and pedestrian traffic.

A triple net lease is in place through May 2027, with annual rent increases tied to the CPI. CORA Physical Therapy is the current tenant, providing an established occupancy profile within a historic-district setting.

Key Highlights

  • Triple net lease in place through May 2027
  • Annual rent increases based on the CPI
  • Current tenant is CORA Physical Therapy

Property Analytics

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Current Use

CORA Physical Therapy ... Medical Clinic Ian Young Physician John Oviedo Physician

Suggested Use

Top Pick HVAC Service Auto Parts Store Veterinary Clinic Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,405
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Savannah, GA

13.1% 2019
9.9% 2020
8.7% 2021
8.4% 2022
4.3% 2023
4.9% 2024
3.1% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - A triple net lease extends through May 2027, with annual CPI-based increases and an established physical therapy tenant.
Where is this nnn property located?
The property is located at 22 W Oglethorpe Avenue # H Savannah, GA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Triple net lease in place through May 2027; Annual rent increases based on the CPI; Current tenant is CORA Physical Therapy
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