C14-7505 Waters Avenue Savannah, GA 31406
Combined office units in high-demand Savannah commercial corridor.
Property Features for C14-7505 Waters Avenue
General Information
- Standard status
- Active
- Size
- 4,214 SF
Listing office Better Homes and Gardens Real (912) 484-5552
Listing date Jan 29, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Up to 4,214 sq ft of flexible office space in a desirable location.
- Multiple configuration options: use as a large combined space or divide into separate units.
- Three private exterior entrances and front‑door parking; no shared interior hallways.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $22.20 |
| − Vacancy | −$15.4k | −$3.66 |
| EGI | $78.1k | $18.54 |
| − OpEx | −$19.5k | −$4.63 |
| NOI | $58.6k | $13.90 |