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Description

Marketing Description This offering presents the opportunity to acquire a beautiful five-story, ±110,445-square-foot office building situated on ±6.49 acres in Savannah, Georgia, fully leased to the State of Georgia. Originally developed in 2004 for the Georgia Department of Children and Family Services (DFCS) under a 15-year lease, the property’s lease was renewed in 2019 for a 20-year term, with approximately 14 years remaining. The tenant benefits from below-market rent due to a favorable property tax exemption structure, increasing the likelihood of long-term occupancy beyond the current lease term. The Georgia Division of Family and Children Services (DFCS) plays a critical role in the Savannah and Chatham County communities by providing essential services, including child welfare protection, foster and adoption services, and administration of public assistance programs such as SNAP, Medicaid, and TANF. Strategically positioned in the path of progress, the property sits within one of Georgia’s most dynamic and growing metropolitan areas. Savannah continues to experience strong economic expansion, population growth, and a thriving tourism sector, making this a stable, long-term government-leased investment opportunity in a high-growth market.

Listing Details

  • Cap Rate

    8%

  • Tenancy

    Single

  • Space Type

    office

  • Sub Category

    executive

  • Date Listed

    2/13/2026

  • Net Operating Income

    $110,445

  • Parking Info

    402 spaces

Property Specifics

  • Property Name

    Single-Tenant | 8% Cap Rate | 14-Year Lease

  • Property Class

    A

  • No of Buildings

    1

  • No of Stories

    5

  • Year Built

    2004

  • Building Size

    110,445 SF

  • Lot Size

    6.49 Ac

  • Year Renovated

    2019

  • Zoning

    IL

  • Occupancy

    100%