Technical
Financial
Distress signals
Property profile

1800 E Victory Dr Savannah, GA 31404

FOR LEASE
Community centers
Property ID
US22-0992370
5,461 SF 6.85 ac lot Built 2009
Entity Owned 4-yr Hold ~ Est. High Equity
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1800 E Victory Dr, Savannah, GA 31404 For Lease
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1800 E Victory Dr, Savannah, GA 31404
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1800 E Victory Dr, Savannah, GA 31404, within the Victory Crossings shopping center. The property is situated at the highly visible intersection of Victory Drive and Truman Parkway, ensuring maximum exposure to a substantial daily traffic volume. The space is a 2nd generation restaurant space within a neighborhood strip center, offering a total of 3,655 square feet currently available for lease. The space is adaptable and can be divided, with a minimum leasable area of 1,250 square feet and a maximum contiguous space of 2,405 square feet. The entire 3,655 square feet is currently vacant, presenting a unique chance for a single tenant to occupy the entire space or for multiple tenants to occupy portions. This prime location in Savannah, Chatham County, offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's strategic placement within a thriving commercial area guarantees high foot traffic and strong potential for business success. This is a rare opportunity to secure a prominent retail space in a high-demand location. The flexible space options cater to a wide range of business needs and sizes. Don't miss this chance to establish your business in a vibrant and accessible Savannah location.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2009
Total area 5,461 SF
Lot 6.85 ac (298,386 SF)
Zoning code BH
APN 2-0078 -10-022
UPID US22-0992370

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Bakery Specialty Food Shop
  • Electronics & Wireless Store
  • Gym & Fitness Center
  • Restaurant

Location

1800 E Victory Dr Savannah, GA 31404
Savannah metro Census 2200 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$22.5M
3 recorded transactions
2022
Price N/A
2021
$22.5M
2006
$2.1M

Zoning & alternative use

BH · Savannah, GA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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