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351-355 Martin Luther King Jr Blvd
1,800 SF of Retail Space Available in Savannah, GA 31401
Highlights
- High visibility in a high traffic area
- Close to major venues and event spaces
- Proximity to SCAD, dining, and shopping
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | 3-10 Years | $71.16 CAD/SF/YR $5.93 CAD/SF/MO $765.98 CAD/m²/YR $63.83 CAD/m²/MO $10,674 CAD/MO $128,092 CAD/YR | Triple Net (NNN) |
1st Floor
The retail space at 351 Martin Luther King Jr. Blvd in Savannah, Georgia, offers a compelling leasing opportunity for businesses seeking strategic location and high visibility. This property is at the epicenter of a district witnessing significant redevelopment, enhancing its appeal as a commercial hotspot. Property being renovated and will be delivered as a cold hard shell, the space is outfitted with expansive windows that not only flood the interior with natural light but also provide ample display opportunities to engage the bustling street life. Close proximity to the Savannah College of Art and Design (SCAD), the retail space benefits from the constant foot traffic of students, faculty, and visitors to the college, enriching the potential customer base. The area is also a popular destination for both shopping and dining, with a variety of stores and restaurants that attract locals and tourists alike, ensuring that the location remains a lively spot throughout the day. Conveniently near essential amenities including multiple banks, modern fitness centers, hotels, and well-maintained parks, making it not just a place for business but a node in a well-integrated urban fabric. Its closeness to major event venues amplifies potential customer engagement during numerous events and gatherings held year-round. Mix of accessibility, visibility, and surrounding amenities makes 351 MLK Blvd not just a place for business operations but a potential cornerstone for growth and success in Savannah’s thriving commercial landscape. For businesses looking to capitalize on a dynamic market with continuous pedestrian and vehicular traffic, this location promises not just footfall but a real opportunity to embed themselves in the community and drive substantial growth.
- Lease rate does not include utilities, property expenses or building services
- High visibility in a high traffic area
- Proximity to SCAD, dining, and shopping
- Close to major venues and event spaces
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.
PROPERTY FACTS FOR 351-355 Martin Luther King Jr Blvd , Savannah, GA 31401
| Property Type | Retail | Gross Leasable Area | 1,800 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,800 SF |
| Year Built | 1900 |
About the Property
The retail space at 351 Martin Luther King Jr. Blvd in Savannah, Georgia, offers a compelling leasing opportunity for businesses seeking strategic location and high visibility. This property is at the epicenter of a district witnessing significant redevelopment, enhancing its appeal as a commercial hotspot. Property being renovated and will be delivered as a cold hard shell, the space is outfitted with expansive windows that not only flood the interior with natural light but also provide ample display opportunities to engage the bustling street life. Close proximity to the Savannah College of Art and Design (SCAD), the retail space benefits from the constant foot traffic of students, faculty, and visitors to the college, enriching the potential customer base. The area is also a popular destination for both shopping and dining, with a variety of stores and restaurants that attract locals and tourists alike, ensuring that the location remains a lively spot throughout the day. Conveniently near essential amenities including multiple banks, modern fitness centers, hotels, and well-maintained parks, making it not just a place for business but a node in a well-integrated urban fabric. Its closeness to major event venues amplifies potential customer engagement during numerous events and gatherings held year-round. Mix of accessibility, visibility, and surrounding amenities makes 351 MLK Blvd not just a place for business operations but a potential cornerstone for growth and success in Savannah’s thriving commercial landscape. For businesses looking to capitalize on a dynamic market with continuous pedestrian and vehicular traffic, this location promises not just footfall but a real opportunity to embed themselves in the community and drive substantial growth.
- Signalized Intersection
Nearby Major Retailers
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351-355 Martin Luther King Jr Blvd
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