11710 Abercorn St Savannah, GA 31419
Property profile & analytics
11710 Abercorn St, Savannah, GA 31419
- Retail space
- 1,558 SF
- 0.46 lot acres
Property ID
US22-4110950
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tropical Smoothie Cafe / Restaurant
Property Details for 11710 Abercorn St
- Year built
- 2019
- Lot size
- 0.46 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional investment opportunity presents a 1,558-square-foot Tropical Smoothie Cafe situated on a 0.46-acre lot at 11710 Abercorn St, Savannah, GA 31419. Built in 2019, the property boasts a 15-year remaining lease term (expiring December 1, 2039) with a corporate guarantee from DYNE Hospitality Group, a major franchisee operating over 100 units. The absolute NNN lease features 1.5% annual rent increases, ensuring consistent income growth. The property enjoys a high-traffic location on Abercorn Street (45,500+ vehicles per day), benefiting from proximity to major retailers including Publix, Lowe's, Home Depot, Hobby Lobby, Chick-fil-A, and CVS. Its strategic placement adjacent to St. Joseph's Hospital (714 beds) further enhances its appeal. The strong demographics of the area, with over 83,981 residents within a 5-mile radius and an average household income exceeding $93,228, contribute to the property's robust performance. The current Net Operating Income (NOI) stands at $119,124, yielding a 5.75% cap rate on the $2,072,000 asking price. The lease includes two 5-year renewal options, providing long-term stability and potential for future appreciation. This is a turnkey investment with exceptional returns in a thriving Savannah market that attracts over 17 million visitors annually. The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.1524176
- Latitude
- 31.9830575
