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Restaurant

Ruby Tuesday (Large 2.59-Acre Site)

580 Al Henderson Blvd, Savannah, GA 31419

Listing Price: $1,827,000

Cap Rate
8.50%
Tenant Name
Ruby Tuesday
Years Remaining On Lease
1.6
Gross SF
5,101
Guarantor
Corporate Guarantee
Rentable SF
5,101
Price/Gross SF
$358.17
Lease Type
Absolute Net
Rent Per Square Feet
$30.43

Investment Overview

Offered for sale is an absolute net leased Ruby Tuesday located in Savannah, Georgia. The tenant has operated at this location since 2008 under an absolute net lease requiring full responsibility for all property-level expenses, with an 18-year operating history. The 2.59-acre site is positioned at the convergence of Interstate 95 and Abercorn Street (108,358 VPD combined) within a dense hospitality corridor surrounded by more than 25 hotels and regional demand drivers.

Investment Highlights

  • Absolute Net Lease With 1.7 Years Remaining | 18-Year Operating History
  • Large 2.59-Acre Site
  • Located Near the Interstate 95 Interchange With Abercorn Street (108,358 VPD Combined)
  • Positioned Within Dense Hospitality Corridor With 25+ Hotels
  • Affluent Trade Area With $101,700 Average Household Income and Strong Population Growth (5-Mile Radius)
  • Ruby Tuesday: 210+ Locations Nationwide With Strong Southeast Presence
  • Savannah MSA: 423,000+ Population | 3.7% Growth | 17M Annual Visitors

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

Ruby Tuesday (Large 2.59-Acre Site)

Listing Price: $1,827,000

Cap Rate
8.50%
Tenant Name
Ruby Tuesday
Years Remaining On Lease
1.6
Gross SF
5,101
Guarantor
Corporate Guarantee
Rentable SF
5,101
Price/Gross SF
$358.17
Lease Type
Absolute Net
Rent Per Square Feet
$30.43

Investment Highlights

  • Absolute Net Lease With 1.7 Years Remaining | 18-Year Operating History
  • Large 2.59-Acre Site
  • Located Near the Interstate 95 Interchange With Abercorn Street (108,358 VPD Combined)
  • Positioned Within Dense Hospitality Corridor With 25+ Hotels
  • Affluent Trade Area With $101,700 Average Household Income and Strong Population Growth (5-Mile Radius)
  • Ruby Tuesday: 210+ Locations Nationwide With Strong Southeast Presence
  • Savannah MSA: 423,000+ Population | 3.7% Growth | 17M Annual Visitors

Investment Overview

Offered for sale is an absolute net leased Ruby Tuesday located in Savannah, Georgia. The tenant has operated at this location since 2008 under an absolute net lease requiring full responsibility for all property-level expenses, with an 18-year operating history. The 2.59-acre site is positioned at the convergence of Interstate 95 and Abercorn Street (108,358 VPD combined) within a dense hospitality corridor surrounded by more than 25 hotels and regional demand drivers.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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