Ground Lease Opportunity | ±1.0 Acre Outparcel at The Chatham Center

Chatham Parkway @ I-16 Savannah, GA 31405

Chatham Parkway @ I-16, Savannah, GA, 31405
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FOR LEASE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Nov 26, 2024

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Highlights

  • Ground Lease Opportunity |±1.0 Acre Outparcel at The Chatham Center
  • Designed for Retail Use | Within Master-Planned Development
  • Signalized Corner of Chatham Pkwy & Chatham Center Dr
  • Traffic Improvements, Interior Road Work, Detention & Utilities
  • At I-16 and Chatham Parkway Interchange
  • Central Location with Easy Access to I-95, Airport, Downtown

Description

SVN is pleased to present Outparcel #5 for ground lease at the Chatham Center, which is a master planned, mixed-use development. The parcel, which is designed for retail use, is ±1 acre in size and located at the NE quadrant of the signalized intersection of Chatham Parkway and Chatham Center Drive near I-16. Access will be provided by the signalized intersection at Chatham Center Drive and Chatham Parkway as well as a ¾ intersection directly from Chatham Parkway across from Park of Commerce Way. Substantial completion of the master infrastructure work has been delivered with all necessary traffic improvements from Chatham Parkway, interior road work, master drainage detention and utilities within the property boundaries.

The Chatham Center is one of Savannah's premier Class A business parks situated on approximately 200 acres at the I-16 interchange of Chatham Parkway. There are 3 buildings totaling ±175,402 square feet of high quality office, office/distribution and office/showroom space surrounding a 53-acre lake with a walking path. Amenities include conference facilities, on-site property management, abundant free parking for staff and visitors, impeccably maintained landscaping and outdoor seating, which add to the aesthetics, tranquility and professional environment at the park. There is excellent exposure and visibility from I-16, and there are developments underway to provide tenants with additional amenities to include retail, housing and hospitality services. Chatham Center's central location provides quick access to many parts of Savannah. It is approximately 5 minutes to I-95 and the Mega Site, which includes Amazon's new distribution center; 10 minutes to the City of Pooler, the Airport, the GA Ports Authority and historic Downtown; 15 minutes to the South Side and Abercorn Street; and 25 minutes on I-16 to the Hyundai Electric Vehicle & Battery Manufacturing Facility, which is presently under construction.

Lot Size: 1.0 acres


Documents

OP5_CC_Ground_Lease_OM

Units for Lease

OP5 - Retail Pad
Space Available: 43560 SF
Lease Type:

Price Per Sqft/Month: $150000.00

Map of Chatham Parkway @ I-16, Savannah, GA, 31405

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.