Property Details

Action Equipment

Savannah, GA
Property ID: 14550

Financial Summary

Asking Price $2,443,636
Cap Rate 5.50%
Net Operating Income (NOI) $134,400
Lease Type NNN
Lease Term Remaining 10 Years
Increases 2% Per Year

Offering Memorandum

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Contact

Jeff Bogart
Senior Vice President
703.596.5602
Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
202.644.8700
Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
703.288.2700

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Highlights

  • 2 miles from I-95
  • Largest independent equipment provider in Florida
  • Dynamic fast response business plan
  • Rapid expansion through Sunbelt States planned
  • Currently 18 locations and growing
  • New construction
  • Government mandated essential business
  • Located at the intersection of US17 and Highway 204, the most used highway in and out of downtown Savannah

Location

5900 Ogeechee Road
Savannah, GA

Leigh ClineAction Equipment