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349 Commercial Real Estate Listings in Savannah, GA

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Savannah, GA Commercial Real Estate

There are currently 349 commercial listings available in Savannah, GA. These listings include 117 commercial spaces that encompass a total of 2,145,294 square feet. Available commercial spaces in Savannah, GA range in size from 1 square feet to 1,004,400 square feet. A total of 260 off-market commercial properties located in Savannah, GA are also available for research.

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Savannah, GA Commercial Inventory Breakdown

In 2022 the Savannah, GA commercial real estate market totaled 1,948,876 square feet of office spaces, 435,478 square feet of office spaces with retail, and 37,122,833 square feet of industrial space.

Office Spaces

Total: 1,948,876 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,575,662 SqFt 80.85% of total office
100k to 500k SqFt 373,214 SqFt 19.15% of total office
By class:
Class A 289,126 SqFt 14.84% of total office
Class B 1,497,809 SqFt 76.86% of total office
Class C 76,110 SqFt 3.91% of total office


Class A office space holds a 14.84% share of the overall Savannah, GA office market, while Class B office assets make up approximately 76.86%.

Industrial

Total: 37,122,833 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,033,979 SqFt 8.17% of total industrial
100k to 500k SqFt 21,572,052 SqFt 58.11% of total industrial
500k to 1M SqFt 8,043,600 SqFt 21.67% of total industrial
> 1M SqFt 4,473,202 SqFt 12.05% of total industrial
By class:
Class A 19,652,978 SqFt 52.94% of total industrial
Class B 10,965,665 SqFt 29.54% of total industrial
Class C 2,511,165 SqFt 6.76% of total industrial
There are 21,572,052 square feet of commercial real estate properties between 100k to 500k square feet, representing 58.11% of the Savannah, GA industrial inventory. Class A assets total 19,652,978 square feet of industrial space, with an additional 10,965,665 square feet of Class B and 2,511,165 square feet of Class C properties.

Office Spaces with Retail

Total: 435,478 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 105,478 SqFt 24.22% of total office with retail
100k to 500k SqFt 330,000 SqFt 75.78% of total office with retail

Savannah, GA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Savannah, GA Office 26 222,404
Savannah, GA Retail 33 215,524
Savannah, GA Industrial 9 1,704,839
Savannah, GA Other 96 2,167,594
Ofice Icon

26

Office

Industrial Icon

9

Industrial

Retail Icon

33

Retail

Current local active listing encompass 4,310,361 square feet of commercial space for lease in Savannah. There are 26 active office listings, which amount to 222,404 square feet and account for 15% of commercial spaces on the market. Local retail availability includes 215,524 square feet across 33 listings. Current industrial offerings on the market amount to 1,704,839 square feet across a total of 9.

Employment in Savannah, GA

Employed Population 70,215

Employed population - Industry % Distribution

Management, business, science, and arts occupations

31%

Service occupations

26%

Sales and office occupations

22%

Production, transportation, and material moving occupations

14%

Natural resources, construction, and maintenance occupations

7%

In 2020, roughly 31% of a total of 70,215 employed in Savannah worked in Management, business, science, and arts occupations, followed by 26% in Service occupations and 22% in Sales and office occupations.

Income per capita $27,319  Median household income $45,533

Household income

55%

Under $50k

28%

$50k - $100k

14%

$100k - $200k

4%

Over $200k

The median household income in Savannah stands at $45,533, with per capita income at $27,319. Households earning between $50k and $100k represent 28% of the total, while those earning over $200k make up 4%. Approximately 55% of Savannah households earn less than $50k per year.

Commuting in Savannah, GA

Mean travel time to work 22 minutes

Means of transportation to work

68.80%

Driving alone

12.90%

Carpool

4.70%

Public transit

1.50%

Bicycle

5.30%

Walking

1.30%

Other

5.60%

Work at Home

*Universe: Workers 16 and over

Education in Savannah, GA

High school grad or higher 87%

Bachelor's degree or higher 28%

Population by minimum level of education

13%

No degree

25%

High school

34%

Some College

19%

Bachelor's

9%

Post-grad

*Universe: Workers 25 and over

An estimated 87% of Savannah residents aged 25 or over hold a high school degree or higher. Of those, 25% are high school graduates, 34% attended some college, 19% earned a bachelor's degree, with an additional 9% holding post-graduate degrees.

Savannah, GA Demographics

As of 2020, Savannah had a total population of 144,457, with a median age of 33.40 years. Roughly 68.90% of the total population was between the ages of 16 and 64 years old.