Properties
Harborview Logistics
For Sale8800 Port Access Rd · Savannah, GA · Industrial · Dragonfly Industrial Holdings
Value
$44.0M
Equity
$20.0M
NOI
$2.6M
Occupancy
100%
Debt
$24.0M
Cap rate
6.0%
Business plan
Single-tenant logistics facility, 100% leased to national 3PL. Under LOI at a 5.5% cap; clearing title (UCC releases) to close.
Strategy
Marketed for sale
Hold period
Exiting
Acquired
Apr 4, 2022
Square footage
265,000 SF
Asset manager
A. Reyes
Lender
Truist
Sale readiness
81/100 — what costs points & what raises it
Sale81/100
| Area | Score | Issue |
|---|---|---|
| Leasing | 24/25 | 100% leased to national 3PL · A. Reyes |
| Debt | 18/20 | Assumable/payoff modeled · Finance |
| Financials | 18/20 | Current · Finance |
| Legal | 8/20 | Unresolved UCC releases (prior lender) · Legal |
| Valuation | 13/15 | Buyer estoppel outstanding · A. Reyes |
Closing the top 3 gaps (legal, debt, financials) is projected to raise readiness from 81 to 97.
Alerts
- Harborview sale: UCC releases unresolved — closing at risk