I-16 And Us Hwy 280 Ellabell, GA 31308

Property Details for I-16 And Us Hwy 280

Lot size

10.00 lot acres

Property type

Land

Description

This exceptional investment opportunity presents fee simple ownership of a 10-acre commercial land parcel in Ellabell, Georgia. Located at the northeast quadrant of I-16 and US Highway 280, this property benefits from its strategic position directly across from the Hyundai EV Plant, a $5.5 billion investment. The site is part of a thriving industrial and manufacturing hub fueled by Savannah's port growth. A 20-year NNN ground lease commenced March 1, 2024, and expires February 29, 2044. The lease generates a net operating income (NOI) of $360,000 annually for the first five years, with increases scheduled for year six and every five years thereafter. The property boasts a 5% pro-forma capitalization rate and is zoned C-1. The business operating on the leased land opened in July 2024 and is now fully operational. The site's location at Exit 143 on I-16 offers convenient access to I-95, only 14 miles away. This is a rare opportunity to acquire a high-performing, long-term leasehold interest in a rapidly developing area. Parcel numbers are 030 001, 029 004, and 029 005. The asking price is $7,200,000.