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Downtown Savannah Restaurant Space for Lease 144 Drayton St
4,032 SF of Retail Space Available in Savannah, GA 31401
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HIGHLIGHTS
- Landmark Historic District and Prominent Corner Location
- Room for Outdoor Seating on Oglethorpe Ave
- 20' Ceilings and Concrete Floor
- Shell Space Ready for Tenant Improvements
- High Foot Traffic
- Mid Century Modern Architecture
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 4,032 SF | 20’ | 5-10 Years | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $9,408 /MO $112,896 /YR | Triple Net (NNN) |
1st Floor
Free standing mid-century modern building on the corner of Oglethorpe Avenue and Drayton Streets in Savannah's Landmark Historic District. Building is a 50' x 80' rectangle with 20' ceilings in shell condition. Ready for tenant improvements. Restaurants strongly preferred. TIA negotiable. There is a 2,000 square foot basement included at no additional charge. Outdoor space on Oglethorpe Ave and Drayton Streets for parking or outdoor seating.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Finished Ceilings: 20’
- Free Standing
- Blank Canvas
- Unique Design
- Dramatic Ceilings
- Storage / Office Space Available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 144 DRAYTON ST , SAVANNAH, GA 31401
Total Space Available | 4,032 SF | Gross Leasable Area | 4,032 SF |
Property Type | Retail | Year Built/Renovated | 1965/2023 |
Property Subtype | Restaurant | Parking Ratio | 2.23/1,000 SF |
Total Space Available | 4,032 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 4,032 SF |
Year Built/Renovated | 1965/2023 |
Parking Ratio | 2.23/1,000 SF |
ABOUT THE PROPERTY
The property is located on the busy corner of Oglethorpe Ave and Drayton Streets. It is within short walking distance of hotels, bars, restaurants and the Broughton Street shopping district. Room around the exterior for parking and/or outdoor seating. New roof in 2024. The space is a blank canvas ready for a unique dining destination.
NEARBY MAJOR RETAILERS
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Downtown Savannah Restaurant Space for Lease | 144 Drayton St
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