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BROUGHTON STREET COMMERCIAL BUILDING | ±21,337 SF FOR LEASE 300 West Broughton Street, Savannah, GA 31401
RHETT MOUCHET, SIORColliers International | Savannah912 662 [email protected]
TYLER MOUCHETColliers International | Savannah912 662 [email protected]
Savannah River
Broughton St
Oglethorpe Ave
MLK Jr Blvd
Jeffers
on St
Whit
aker
St
Johnson Square
Wright Square
Telfair Square
Ellis Square
Barn
ard St
Bull
St
Bay St
Broughton St
Bay St
Talmadge Bridge
Hutchinson Island
300 W Broughton St
3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
300 West Broughton Street is a prime Downtown Savannah commercial building located in the heart of the high traffic tourist, retail, entertainment and business district at the corner of Broughton Street and Jefferson Street.
This property provides the perfect backdrop for commercial users looking to capitalize on the Downtown market experience. Already vibrant with a steady stream of pedestrian traffic, Broughton Street is thriving and exploding with opportunity.
BUILDING DETAIL
> ±21,337 SF available> Prominent location on Savannah’s Iconic Broughton Street> Three-story commercial building and basement> Large floor-to-ceiling storefront windows> Historic building built in 1884; renovated May 2016> Features open space and hardwood floors> 12’ ceiling height> Cast iron columns> Offers excellent visibility and exposure> Located at the signalized intersection of Broughton and Jefferson Streets> Thriving area with a collection of local and national retailers, galleries, personal
services, restaurants and office users> Former retailers include Sears & Roebuck, JCPenney, Haverty’s Furniture, Belk
and many other national and local businesses> Prominent location Savannah’s main street
LEASE RATE
> $14.50/SF NNN (entire space)
Broughton Street Commercial Building
3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
DEMOGRAPHICS 1 Mi le 3 Mi les 5 Mi les
Population > 10,258 64,098 111,395
Average HH Income > $63,967 $50,017 $51,971
No. of Employees > 25,266 43,982 84,035
No. of Businesses > 2,274 3,999 8,030
Source: CoStar 2016
TRAFFIC COUNTS (GDOT)
West Broughton Street > ±10,900 vehicles per day
TOURISMThe Historic District Savannah contributed significantly to the strength of the regional economy in 2016. Here are a few stats:
> Hotel room rentals were 1.7% higher in 2016 than in 2015
> Leisure and hospitality sector employment remains the single largest concentration of workers in the region. The tourism sector added 200 workers, reaching 26,900 employees.
> Through late 2015, the regional tourism industry continues to contribute to regional economic strength.
> Hotel room tax receipts are up 10% as compared to 2014 and are projected to exceed $21.5 million in 2016.
Source: 2nd Quarter 2016 Coastal Empire Economic Monitor from Armstrong State University
Location Characteristics
BROUGHTON STREET RETAILERS
3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
Floor PlansBASEMENT - 5 ,420 SF FIRST FLOOR - 5 ,306 SF
3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
Floor PlansSECOND FLOOR - 5 ,292 SF THIRD FLOOR - 5 ,319 SF
3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
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COLLECTION PROPERTIES
PURSUING
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COLLECTION PROPERTIES
PURSUING
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Michael Kors-U/CTommy Bahama-FEXVictoria’s Secret-FEX
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Broughton Street Lease Plan
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3 0 0 W B R O U G H T O N S T R E E T | S A V A N N A H , G AColliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 554 offices throughout more than 66 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.