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Retail Center on DeRenne Avenue
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44 E Derenne Avenue, Savannah, GA 31405

Retail center with high visibility and ample parking.

Space SizeContact for details
Days on Market152

Property Features for 44 E Derenne Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Pier Commercial
Listed By: Joel Boblasky
Source: Piercommercial
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 5 at 5:50AM

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 Pier Commercial

Investment Insights

Based on property information with market context.

This neighborhood retail center features a diverse tenant mix, including necessity retail, food, and general retail businesses. The property benefits from excellent visibility on DeRenne Avenue, which experiences high daily traffic. A regional furniture store anchors the center. The location provides ample parking and multiple points of access, making it suitable for businesses seeking visibility and accessibility. The property is located at the northwest corner of the intersection of DeRenne Avenue and Abercorn. Traffic counts are approximately 43,000 cars per day. Signage opportunities are available.

Key Highlights

  • Excellent visibility from DeRenne Avenue.
  • High daily traffic counts (+-43,000 cpd).
  • Central location at the NW corner of DeRenne & Abercorn.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,235
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 45% Electronics 2% Beauty & Spa 1%
McDonald's Dining
29,632 visits/mo 0.1 miles
Shell Shops & Services
14,230 visits/mo 0.2 miles
Wendy's Dining
13,321 visits/mo 0.2 miles
Dollar Tree Shops & Services
11,522 visits/mo 0.4 miles
Truist Shops & Services
8,239 visits/mo 0.1 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

Lease Benchmarks for Savannah, GA

$21.75 /SF/Yr
Avg Asking Price
$15–$35 /SF/Yr
Price Range
18,188 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Twelve Oaks 5500 Abercorn St, Savannah, GA 31405

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with high visibility and ample parking.
Where is this shopping center located?
The property is located at 44 E Derenne Avenue Savannah, GA.
What are key features of this property?
This property features: Excellent visibility from DeRenne Avenue.; High daily traffic counts (+-43,000 cpd).; Central location at the NW corner of DeRenne & Abercorn.
More about this property
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