Office•Office Building•For Sale

Godley Station Professional Park - Building 800

1000 Towne Center - Building 800, Pooler, Georgia 31322

Sale Price $2,300,000
Sale Type Investment
Zoning PUD
Bldg Type Multi-Tenant
Class A
Stories 1
Cap Rate 7.85%
Gross Bldg 9,950 SqFt
Land Area .28 Acres
Net Op Inc $180,630.61
Market Savannah
Sub-Market Pooler
SVN is pleased to offer Building 800, which is a +/- 9,950 square foot multi-tenant office investment providing 1st floor office space within Godley Station Professional Park. Godley Station Professional Park is Pooler’s primary medical and office professional park. The asset is 100% leased to Jedson Engineering, Inc. and Georgia Eye Institute. Based on 2020 net operating income (NOI), the property is being offered at a 7.85% cap rate, which equates to $180,630.61. Shown by Appointment Only. SVN is pleased to offer the last remaining spaces within Godley Station Professional Park, which will be up to +/- 32,000 square feet in size in 2 buildings. This multi-tenant brick building will be similar in scope to the existing buildings within the park while including numerous upgrades such as storefront glass. These two buildings are now under construction and will be delivered in move-in condition in 2020. Located off of Towne Center Boulevard within the Godley Station Professional Park. Godley Station is a 5,800 acre master-planned development in Pooler, just West of Savannah, and has been the center of growth for 10+ years. Home to the Savannah/Hilton Head International Airport, it is centralized for convenient travel to anywhere within Savannah, with access to I-95 and I-16 within minutes. Local amenities are supported with a population reaching 850,000 within a 30 mile radius, and high traffic counts from the interstates. Residential & commercial growth is attributed to a number of economic drivers including: the GA Ports Authority, which is the 2nd largest port on the East coast and 4th largest in the country; the tourism industry, with 13 million+ tourists annually; manufacturing, with employers such as Gulfstream, JCB, EFACEC, GA Pacific and Mitsubishi; and 2 military bases, which are Ft. Stewart and Hunter Army AF. The area has become a “live, work and play” community with 18,000 homes projected at build out.
  • 2020 NOI: $180,630.61
  • Capitalization Rate: 7.85%
  • 100% Occupancy
  • 39.7% Medical Tenant Occupancy
  • 9,950 SF
  • $231.16 PSF
  • Up to +/- 16,000 SF of Available Office Space (Smaller Increments Available)
  • Within Godley Station Professional Park
  • Under construction with delivery in 2020
  • Accessed via Towne Center Blvd; near Benton Blvd and Pooler Parkway
12/9/2019 1:50:14 PM 12/19/2019 7:37:09 PM

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