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INVESTMENT HIGHLIGHTS
AAA RATED CREDIT - The State of Georgia carries a AAA credit rating.
RECENT & UPCOMING CAPITAL IMPROVEMENTS - The building recently underwent $1 million in interior improvements, including new paint, wallpaper, and LVP.
20 -YEAR OCCUPANCY HISTORY - DFCS has occupied this building since its completion in 2004, with next year marking 20 years of occupancy.
PROPERTY TAX ABATEMENT PROGRAM – This property benefits from a tax abatement program authorized by the Savannah Economic Development Authority (SEDA), where having the property titled in the name of SEDA eliminates the need for the entity to pay property taxes until the co-terminus expiration of the lease in 2039.
RENTAL ESCALATIONS – The property features 2.1% annual rental escalations in the final five (5) years of the lease term as the tenant prepares to recalibrate their rents to a market rate.
