Property profile

120 Riverview Dr Savannah, GA 31404

OFF-MARKET
Office Spaces
24,454 SF 1.67 ac lot Built 2024
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Property summary

AI-generated overview

This premier Class A office building, located in Savannah's Downtown East Corporate Office Park, offers 22,454 square feet of flexible space across two floors. Situated just east of Savannah's Historic District, this new construction (completion July 2024) boasts a serene setting with greenspace and lake views. The building features a modern design, incorporating both traditional and creative office space options. Multiple tenancy is available, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 24,454 square feet, making it ideal for a variety of business needs. The property sits on 1.67 acres and includes 104 covered parking spaces, easily accessible via a common elevator lobby. Building amenities include an elevator and ample parking. The property is zoned PUD-IS and its Chatham County APN is 10235 02027. Its convenient location offers proximity to the city's central business district, Truman Parkway, and the Islands. This represents the largest block of available office space in the Savannah MSA. Phases I and II of the development are currently 100% leased, demonstrating strong market demand.

Property profile

Verified
Property type Office Spaces
Year built 2024
Total area 24,454 SF
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Riverview Dr Savannah, GA 31404
Savannah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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