Clara Fishel 9123981522

6709 Forest Park Dr 4,116 SF 100% Leased Office Building Savannah, GA 31406 $720,000 ($174.93/SF) 6.25% Cap Rate

INVESTMENT HIGHLIGHTS

Property has been fully renovated within last 5 years
Immediate income stream with room to grow

Excellent condition

EXECUTIVE SUMMARY

Property 75% occupied by Home Instead, a national provider of in-home health care services. Tenant lease on property through November 2026 with a one-year renewal option. 25% of the property (or just over 1000 SF) on the second floor is vacant.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$45,870	$11.14
Other Income	$8,360	$2.03
Vacancy Loss	-	-
Effective Gross Income	$54,230	$13.18
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$45,870
Annual Per SF	$11.14

Other Income
Annual	$8,360
Annual Per SF	$2.03

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$54,230
Annual Per SF	$13.18

Net Operating Income
Annual	-
Annual Per SF	-

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

4,116 SF

Building Class

Year Built/Renovated

1999/2020

Price

$720,000

Price Per SF

$174.93

Cap Rate

6.25%

NOI

$45,000

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

2,058 SF

Slab To Slab

12’

Building FAR

0.30

Lot Size

0.32 AC

Zoning

B-N - Neighborhood Business

Parking

15 Spaces (3.64 Spaces per 1,000 SF Leased)

Bus Line
Signage

Air Conditioning

MAJOR TENANTS

Health Care and Social Assistance
-
-
Nov 2026

The first Home Instead Client, back in 1994, was the nearly 90-year-old grandma of founders, Paul and Lori Hogan. Their goal was to help her, and others like her, age well at home and to ease the struggles of family caregivers like themselves. As Home Instead's first professional caregivers, the Hogans developed deep appreciation and respect for aging adults and those who care for them. Since the beginning, Home Instead, Inc., and its network of independently owned and operated franchises, has been committed to creating the world they want to grow older in. In August 2021, Home Instead joined forces with Honor, to lead the world’s largest home care service network providing the most human-centric technology and operations platform. Honor and Home Instead are advancing how society cares for older adults.