22 W Oglethorpe Ave Savannah, GA 31401
For Sale
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Property summary
This exceptional office building, located at 22 W Oglethorpe Avenue Unit H in Savannah, Georgia's Landmark Historic District, presents a unique investment opportunity. Situated on a 0.02-acre lot at the highly visible northeast corner of W Oglethorpe Avenue and Whitaker Street, this property boasts excellent exposure to significant daily vehicular and pedestrian traffic. The building benefits from a long-term triple-net lease with CORA Physical Therapy, extending until 2027. This provides immediate and consistent cash flow for the investor. The lease agreement includes annual rent increases tied to the Consumer Price Index (CPI), ensuring future income growth. The property's prime location within the historic district offers exceptional visibility and accessibility, making it an attractive proposition for both current and future tenants. The building's size is not specified in the provided information. Given its location and the established tenant, this property represents a stable and potentially appreciating asset in a highly desirable area of Savannah. The strong lease terms and prime location combine to create a compelling investment opportunity for discerning buyers seeking a reliable income stream in a vibrant and historic setting. This is a rare chance to acquire a well-positioned commercial property in the heart of Savannah's historic district.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Physician
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
BC1 · Savannah, GAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for BC1 in Savannah, GA.
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