I-16 and US Highway 280 Ellabell, GA 31308
NNN Pilot Ground Lease in Bryan County, Georgia for sale.
Type:Land
- Added:
- Jun 11, 2023
- Days on Market:
- 1055
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for I-16 and US Highway 280
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Adam Bryant License #GA 279255
Listing office SVN - Savannah
Listing date Jun 11, 2023
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 SVN - Savannah
Overview
NNN Pilot Ground Lease Opportunity
This offering presents the opportunity to acquire fee simple ownership of a NNN Pilot Ground Lease, majority owned by Berkshire Hathaway, located in Bryan County, Georgia, within the Savannah MSA. The site is situated at the northeast quadrant of I-16 and Highway 280, directly across from the Hyundai EV Plant, representing a $5.5 billion direct investment, with suppliers and vendors adding an additional $1.5 billion to date. The NNN ground lease commenced on March 1, 2024, for a period of 20 years, expiring on February 29, 2044. The net operating income is $360,000 annually for the first five years, with increases scheduled in Year 6 and every five years thereafter. The business opened on July 20, 2024, and the project is now completely built out. Located in Bryan County, Georgia, a submarket of Savannah, the site is at Exit 143 on I-16, 14 miles from the interchange of I-95 and I-16. The strategic position of this site is directly related to the proximity of a number of industrial and manufacturing developments that have continued to expand due to Savannah’s explosive Port Growth.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Ellabell
- County
- Bryan
- State
- Georgia
- Longitude
- -81.5002
- Latitude
- 32.121
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - NNN Pilot Ground Lease in Bryan County, Georgia for sale.
Where is this commercial land located?
The property is located at I-16 and US Highway 280 Ellabell, GA.
What is the asking price?
The asking price for this property is $6,260,000.
What are key features of this property?
This property features: NNN Ground Lease with $360,000 Net Operating Income annually for years 1‑5.; Located directly across from the Hyundai EV Plant, a $5.5 Billion investment.; Majority owned by Berkshire Hathaway.
