IndustrialManaged
Port District Warehouse
41 Terminal Way, Savannah, GA
- Size
- 310,000 SF
- Year built
- 2017
- Acquired
- 05/01/24
- Basis
- $43.0M
- Fund
- Fund III
- Region
- Southeast
- Manager
- Colliers
- Accounting system
- Sage Intacct
T12 NOI
$2.2M
+5.3% vs prior T12
Occupancy
100.0%
As of Aug 2026 rent roll
NOI / SF
$7.25
Trailing 12 months
Yield on cost
5.23%
T12 NOI / purchase price
DSCR
n/a
No debt
Monthly NOI
Sep 25 to Aug 26Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Debt
Third-party managed. No debt tracked.
T12 income statement
PropLake standard chart of accounts · mapped from Sage Intacct| Revenue | ||
| 4010Rental Income | $2,907,759 | 12 bronze rows |
| 4020Other Income | $115,943 | 12 bronze rows |
| 4030Vacancy Loss | ($143,948) | 12 bronze rows |
| Total revenue | $2,879,754 | |
| Operating expenses | ||
| 5010Payroll | $127,468 | 12 bronze rows |
| 5020Repairs & Maintenance | $87,491 | 12 bronze rows |
| 5030Utilities | $75,475 | 12 bronze rows |
| 5040Property Taxes | $139,122 | 12 bronze rows |
| 5050Insurance | $50,591 | 12 bronze rows |
| 5060Management Fees | $63,187 | 12 bronze rows |
| 5070Marketing | $25,418 | 12 bronze rows |
| 5080General & Administrative | $63,311 | 12 bronze rows |
| Total operating expenses | $632,063 | |
| Net operating income | $2,247,691 | |
| Below NOI | ||
| 6010Interest Expense | $0 | 12 bronze rows |
| 6020Capital Expenditures | $80,854 | 12 bronze rows |
| Net cash flow | $2,166,837 | |