Southeast Coastal Georgia and Surrounding Areas

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217 Marina Drive
St Simons Island, GA 31522
MLS# 1633027 ID: 75376786
$1,550,000
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Property Description
Commercial Sale - St Simons Island, GA Investment Opportunity, Single Tenant Net Lease, Office Condo approximately 6,500 SF located in Professional Office Park on Saint Simons Island adjacent to FJ Torras Causeway & Frederica Yacht Club. Listing consists of two units (217 & 225 Marina Drive) Second-floor space serviced with elevator, lots of windows & beautiful views of Frederica River. Long Term Tenant in insurance industry with 7 years remaining on initial term, 6% CAP rate with annual increases.
Property Features
Status
Days On Market 40 days
Last Updated May 18, 2022
Market Status Available
Description
Property Type Commercial
Exterior Features
Parking 70 spaces
Legal/Financial
Taxes 2172 (2021)
Listing Features
Property Type Commercial; Commercial Sale
Offered By:
Michael Giery
BHHS Hodnett Cooper

Data Provided by Golden Isles Association of REALTORS

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