Investment Offering · Medical Office · Savannah, GA

The Cardiology Building
6301 Abercorn Street

15,992 SF purpose-built medical office at Savannah's premier healthcare intersection — flanked by two major hospital systems, tenanted by HCA Healthcare, and offered for the first time in five years.

15,992 SF 1.78 Acres HCA Healthcare Tenant Signalized Corner NNN Lease Offers Invited
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15,992 Square Feet
1.78 Acres
47 Parking Spaces
$30 $/SF/Yr NNN
2000 Year Built

A Purpose-Built Medical Asset in an Irreplaceable Location

The Cardiology Building at 6301 Abercorn Street is one of Savannah's most strategically positioned medical office assets. Custom-designed and built in 2000 for Savannah Cardiology, the 15,992 SF single-story facility sits on a 1.78-acre corner lot at the signalized intersection of Abercorn Street and Lee Boulevard — the heart of Savannah's established medical corridor.

The building features a covered patient drop-off canopy, 47 dedicated parking spaces, private exam suites, a nurse station, and a floor plan engineered for high-volume specialty medical practice. The property fronts Abercorn Street with 105 feet of right-of-way exposure, delivering exceptional visibility to one of Savannah's highest-traffic arterials.

The current tenant is HCA Healthcare Systems, one of the nation's largest for-profit hospital operators, operating on a short-term NNN lease. This creates a compelling dual-path opportunity: re-lease to a long-term medical tenant at market rate, or acquire as an owner-user in a location that cannot be replicated.

The property last traded in July 2020 at $4,050,000 ($253/SF), and carries a 2025 county appraised value of $3,700,000. It is being offered with no publicly stated asking price — offers are invited.

Property Specifications
Address 6301 Abercorn St, Savannah GA 31405
Building Size 15,992 SF
Lot Size 1.78 Acres / 77,638 SF
Year Built 2000
Use Type Medical Office (341)
Zoning B-C (Business Commercial)
Parking 47 Spaces (43 + 4 ADA)
Current Tenant HCA Healthcare Systems
Lease Type NNN (Short-Term)
Asking Lease Rate $30.00/SF/Yr NNN
2025 Appraised Value $3,700,000
Last Sale (Jul 2020) $4,050,000 ($253/SF)
Annual Taxes (2025) $42,607 (NNN)
Flood Zone Zone X — Minimal Hazard
Parcel ID 20143-01002
Sale Status Offers Invited

Six Reasons This Asset Stands Apart

🏥
Dual Hospital Corridor

Positioned between St. Joseph's/Candler Health System and Memorial Health/Children's Hospital of Savannah — both visible from the property. This is the geographic center of Savannah's healthcare demand zone, where patient referral networks converge.

🏢
HCA Healthcare Tenancy

HCA Healthcare is one of the nation's largest for-profit hospital systems with 186 hospitals and 2,400+ care sites. Their occupancy validates the location's institutional-grade appeal and provides immediate income while the buyer evaluates long-term strategy.

📍
Irreplaceable Corner Location

Signalized intersection of Abercorn Street (105' ROW) and Lee Boulevard (100' ROW) — a corner that cannot be replicated in this medical submarket. Adjacent to a newly constructed modern medical office building, the corridor is actively densifying.

🔑
Value-Add or Owner-User Play

The short-term lease creates a dual-path opportunity: an investor can re-lease at market rate to a long-term specialty medical tenant (cardiology, oncology, multi-specialty), or a medical group can acquire and occupy a purpose-built facility in an irreplaceable location.

🚗
Purpose-Built Medical Features

Covered patient drop-off canopy, 47 dedicated parking spaces (2.94/1,000 SF), private exam suites, nurse station, and a floor plan custom-engineered for high-volume specialty practice. These features are expensive to replicate and command premium rents.

📈
Strong Demographic Foundation

251,835 residents within 10 miles with average household income of $90,387. The Savannah MSA continues to grow driven by Port of Savannah expansion, military, tourism, and healthcare employment — all supporting long-term medical office demand.

Savannah's Healthcare Hub — At the Center of It All

Property at 6301 Abercorn Street with adjacent medical office building

The property occupies a signalized corner at Abercorn Street and Lee Boulevard — one of Savannah's most recognized medical intersections. The DeRenne Avenue medical corridor is immediately adjacent, and two of Georgia's largest regional health systems are within direct sight lines of the building.

St. Joseph's/Candler Health System One of Georgia's largest non-profit health systems — visible from property, DeRenne Ave campus
Memorial Health / Children's Hospital of Savannah Dwaine & Cynthia Willett Children's Hospital — visible from property, Abercorn St campus
Adjacent Modern Medical Office Building New multi-story medical office building directly adjacent (Lee Blvd corner) — corridor densifying
DeRenne Avenue Medical Corridor Savannah's established medical row — specialists, imaging, labs, and ancillary services
Abercorn Street 105' ROW — Savannah's primary north-south commercial arterial, high daily traffic count
Lee Boulevard (Signalized Intersection) 100' ROW — controlled intersection providing safe, high-visibility patient access

A Deep, Income-Qualified Patient Base

The Savannah MSA is one of the Southeast's fastest-growing metros, driven by Port of Savannah expansion, military presence, tourism, and a maturing healthcare employment base. The demographics surrounding 6301 Abercorn reflect a well-established, income-qualified residential population with strong demand for specialty medical services.

3-Mile Radius
69,870 Total Population
28,998 Total Households
$75,264 Avg Household Income
$292,340 Avg Home Value
5-Mile Radius
148,911 Total Population
61,168 Total Households
$77,583 Avg Household Income
$355,038 Avg Home Value
10-Mile Radius
251,835 Total Population
102,543 Total Households
$90,387 Avg Household Income
$379,419 Avg Home Value

The Numbers Behind the Opportunity

$479,760 Gross Potential Revenue At $30.00/SF NNN × 15,992 SF
$42,607 Annual Property Taxes 2025 — NNN (tenant responsibility)
$253 Last Sale Price / SF $4,050,000 — July 2020
$3.7M County Appraised Value 2025 — Appeal Decision
Disclaimer: All financial metrics are provided for informational purposes only and are based on publicly available tax assessor data and the current asking lease rate. Prospective purchasers should conduct independent due diligence. No representation is made as to future income, expenses, or investment returns. This offering is subject to prior sale, lease, or withdrawal without notice.

You Cannot Build This for What You Can Buy It

The math is unambiguous. Building a purpose-built specialty medical office building in Savannah today — on a comparable corner lot, with comparable finishes and clinical infrastructure — costs significantly more than acquiring this asset. Here is what the numbers say.

Savannah, GA Market — Estimated Cost to Build 15,992 SF Specialty Medical Office (2025–2026)

Shell Construction
$200–$280/SF
$3.2M–$4.5M total
Structure, envelope, roofing
Medical Interior Build-Out
$120–$200/SF
$1.9M–$3.2M total
Exam rooms, MEP, med-gas, casework
Architecture & Engineering
$28–$44/SF
$448K–$703K total
8–12% of construction cost
Site Development
$24–$48/SF
$384K–$768K total
Grading, paving, utilities, landscaping
Permits, Fees & Contingency
$48–$68/SF
$768K–$1.09M total
Permits, inspections, 10% contingency
Savannah-Adjusted Total Estimated Replacement Cost
All hard costs + soft costs + A&E + site work + permits + contingency — land not included
$6.7M – $9.6M+
 $380 – $600 per SF

Savannah, GA estimated at approximately 20% below major metro averages (Atlanta, Dallas, Houston, Jacksonville). National medical office average: $498/SF (Autodesk/Cumming, May 2025). Sources: Autodesk Construction Cloud · Maxx Builders Medical Office Cost Guide (Nov 2025) · Gordian RSMeans Healthcare Cost Index (2025). All figures are estimates for informational purposes only and do not constitute an appraisal.

$380+
Minimum Build Cost / SF
Savannah Market

The realistic floor for total project cost in Savannah — hard costs, soft costs, A&E, site work, and permits. Most well-finished specialty medical projects land $450–$550/SF here.

$6.7M–$9.6M
Total Replacement Cost
Construction Only, Excl. Land

What it would cost to replicate this building from the ground up in Savannah today — before purchasing the land beneath it.

18–24 Mo.
Time to Build New

Permitting, design, site prep, and construction for a comparable facility takes 18–24 months minimum. Acquisition means your practice or investment is operational immediately.

“You cannot build a purpose-built specialty medical office building in Savannah today for anywhere near what you can acquire this one. And you cannot find this corner again.”

This is a rare opportunity to acquire a purpose-built, two-story specialty medical office building at a significant discount to replacement cost, on an irreplaceable signalized corner in Savannah's primary medical corridor — with income in place from HCA Healthcare Systems while you plan your next move.

Built for High-Volume Medical Practice

Floor plan showing exam rooms, nurse station, and expansion addition

The building was custom-designed for Savannah Cardiology and spans two stories, with all patient-facing services on the ground floor and additional physician offices and a conference room on the second floor. The floor plan includes a significant addition with exam room suites, a nurse station, and corridor access — purpose-built to accommodate high patient volumes at a specialty cardiology practice.

First Floor — Patient Services

  • 15,992 SF total under roof across two stories
  • All patient-facing services on the ground floor — full ADA accessibility
  • Multiple private exam room suites with individual sinks
  • Centralized nurse station with direct corridor access
  • Clinical labs and diagnostic support spaces
  • Covered patient drop-off canopy at main entrance
  • Dual access points from Abercorn Street and Lee Boulevard
  • Skylights providing natural light in clinical areas
  • Brick construction — low maintenance exterior

Second Floor — Physician Offices & Administration

  • Additional private physician offices on the second floor
  • Conference room — ideal for team meetings, consultations, and CME
  • Administrative and back-office support space

Site & Infrastructure

  • 47 dedicated parking spaces (43 standard + 4 ADA)
  • Mechanical attic for HVAC equipment
  • Floor plan adaptable for cardiology, oncology, multi-specialty, or general medical

Ready to Explore This Opportunity?

This property is offered exclusively through PIER Commercial Real Estate. There is no publicly stated asking price — qualified investors and owner-users are invited to submit offers or request a full investment package including the offering memorandum, floor plans, ALTA survey, and lease details.

Tours are available by appointment. Contact Ryan T. Schneider, CCIM directly to discuss the opportunity.

Ryan T. Schneider, CCIM
President · PIER Commercial Real Estate
Request Investment Package