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6709 Forest Park Dr

4,116 SF 100% Leased Office Building Savannah, GA 31406 $1,079,468 CAD ($262 CAD/SF) 6% 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 (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $66,020 $16.04
Other Income $12,032 $2.92
Vacancy Loss - -
Effective Gross Income $78,053 $18.96
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $66,020
Annual Per SF $16.04
Other Income (CAD)
Annual $12,032
Annual Per SF $2.92
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $78,053
Annual Per SF $18.96
Net Operating Income (CAD)
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
B
Year Built/Renovated
1999/2020
Price
$1,079,468 CAD
Price Per SF
$262 CAD
Cap Rate
6%
NOI
$64,768 CAD
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)

AMENITIES

  • Bus Line
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • 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.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - Nov 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2053503064
Land Assessment
$139,680 CAD
Improvements Assessment
$182,716 CAD
Total Assessment
$322,397 CAD
  • Listing ID: 34409340

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 6709 Forest Park Dr, Savannah, GA 31406

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