Available For Sale - Land

435,600 SF | Show Pricing $

LISTED BY

Adam Bryant CCIM SIOR
SVN | GASC, 912-667-2740

AVAILABILITY DETAILS

Size
435,600 SF
Price/SF
Show Pricing $
Listing ID
SA521707
Notes
SVN is pleased to present an opportunity to acquire fee simple ownership of a NNN Pilot Ground Lease, which is majority owned by Berkshire Hathaway in Bryan County, Georgia within the Savannah MSA. The site is located at the NE quadrant of I-16 and Highway 280, which is directly across from the Hyundai EV Plant and represents a direct investment of $5.5 Billion while suppliers and vendors represent an additional $1.5 Billion to date.



The NNN ground lease commenced March 1, 2024 for a period of (20) years with an expiration date of February 29, 2044. Net Operating Income is $360,000 annually in years 1 through 5 with increases in Year 6 and every 5 years thereafter. The project is now completely built out and the business opened on July 20, 2024.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Adam Bryant CCIM SIOR, SVN | GASC
BRE# 279255