Thrift Storefront
For Sale
$1,950,000
6 Television Cir, Savannah, GA 31406
The building is presently occupied by a thrift store.
Property Size9,474 SF
Price / SF$205.83
Days on Market10
Property Features for 6 Television Cir
General Information
Standard status
Active
Size
9,474 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
AHR Commercial
Listed By:
Brent Sappe · License #420355
(912) 354-2100
Source:
Searchgreateraugustahomes
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 9 at 7:46PM
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 AHR Commercial
Investment Insights
Based on property information with market context.
This 9,474-square-foot storefront property was built in 1980 and is currently used as a thrift store. The existing retail occupancy provides a clear picture of its present commercial use.
At 6 Television Cir in Savannah, the property sits between Abercorn and White Bluff.
At 6 Television Cir in Savannah, the property sits between Abercorn and White Bluff.
Key Highlights
- 9,474‑square‑foot commercial storefront
- Built in 1980
- Currently used as a thrift store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,547
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,940
$2.2M
Cap Rate 7%
$1,536,386
$1.5M
Cap Rate 9%
$1,194,967
$1.2M
Market Conditions
NOI Build-Up for 9,474 SF
Gross rent
$164.8K $17.40/SF
− Vacancy
−$11.2K −$1.18/SF
EGI
$153.6K $16.22/SF
− OpEx
−$46.1K −$4.87/SF
NOI
$107.5K $11.35/SF
Area
Savannah, 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%
$2,150,940
Cap Rate 7%
$1,536,386
Cap Rate 9%
$1,194,967
Alternative Uses
Best Use
Retail
$1.54M
$1.34M – $1.79M
NOI $107,547 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.85M
$7.75M – $10.33M
NOI $619,785 @ 7.0% cap · market cap 31.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 25%
Dining 18%
Parker's Kitchen
Shops & Services
28,970 visits/mo
0.5 miles
Walmart Neighborhood Market
Groceries
17,957 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,645 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
14,630 visits/mo
0.5 miles
Carrabba's Italian Grill
Dining
11,142 visits/mo
0.2 miles
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - The building is presently occupied by a thrift store.
Where is this storefront property located?
The property is located at 6 Television Cir Savannah, GA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 9,474‑square‑foot commercial storefront; Built in 1980; Currently used as a thrift store
