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P of 11 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Retail Investment Opportunity For Sale | Riverdale, Georgia

Andy’s Plaza Retail Investment Opportunity

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Page 1: Andy’s Plaza Retail Investment Opportunity

P of 11

Andy’s Plaza

Retail Investment Opportunity

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Retail Investment Opportunity For Sale | Riverdale, Georgia

Page 2: Andy’s Plaza Retail Investment Opportunity

P 2 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity Table of Contents

Executive Summary

Photos

Sold Comparables

Retail Aerial View

Location Map

Aerial Map

About the Area

Confidentiality Agreement

3

4

5

7

8

9

10

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For more information, please contact:

Andy Lundsberg

Partner

(404) 876-1640 x 107

[email protected]

Bull Realty, Inc.

50 Glenlake Parkway

Suite 600

Atlanta, GA 30328

www.BullRealty.com

Page 3: Andy’s Plaza Retail Investment Opportunity

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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity Executive Summary

Andy’s Plaza

Retail Investment Property

Andy’s Plaza is an approximately +/- 15,000 SF strip retail center located in Riverdale, Georgia - Just south of Atlanta’s Hartsfield-Jackson International Airport.

The property benefits from its convenient location on Church Street (Riverdale Road) surrounded by over 3,000 apartment units within close proximity and traffic counts of over 20,000 cars per day. It has excellent visibility and accessibility with 2 curb cuts and a large pylon sign in front of the property.

Several of the tenants are long term occupants, providing stability and rent growth upside (below market rents) for a new owner. Owner financing may be available for qualified purchasers. Inquire to agent.

Offered for SALE at $890,000 ($59.33/SF)

Property Address 6504 Church Street Riverdale, GA 30274

County Clayton

Property Size +/- 15,000 SF

Acreage 2 buildings on +/- 1.41 acres

Gross Income $83,400

2015 Tax Assessment $8,001.84

Year Built 1963 & 1970

Road Frontage 166 ft of frontage on Church Street

Occupancy 100%

Zoning GB

Page 4: Andy’s Plaza Retail Investment Opportunity

P 4 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity

Representative Photo

Photos

Page 5: Andy’s Plaza Retail Investment Opportunity

P 5 of 11

Andy’s Plaza

Retail Investment Opportunity

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

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2

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4

Property Address City Property Size Sale Date Price/SF

6504 Church Street Riverdale +/- 15,000 SF TBD $59.33

1. 10367-10395 Tara Boulevard Jonesboro +/- 11,900 SF 6/2014 $110.38

2. 10205-10219 Tara Boulevard Jonesboro +/- 9,600 SF 5/2015 $170

3. 1287 Highway 138 Jonesboro +/- 19,600 SF 5/2014 $70.15

4. 1296 Highway 138 Riverdale +/- 11,340 SF 6/2015 $91.49

Subject Property

Page 6: Andy’s Plaza Retail Investment Opportunity

P 6 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity Sold Comparables (2 of 2)

Address 10367-10395 Tara Blvd Jonesboro, GA 30238

Size +/- 11,900 SF

Sold Date 6/2014

Price/SF $110.38

1

2 Address

10205-10219 Tara Boulevard Jonesboro, GA 30236

Size +/- 9,600 SF

Sold Date 5/2015

Price/SF $170

Address 1287 Highway 138

Jonesboro, GA 30236

Size +/- 19,600 SF

Sold Date 5/2014

Price/SF $70.15

3

Address 1296 Highway 138

Riverdale, GA 30296

Size +/- 11,340 SF

Sold Date 6/2015

Price/SF $91.49

4

Address 6504 Church Street Riverdale, GA 30274

Size +/- 15,000 SF

Sold Date TBD

Price/SF $59.33

Subject Property

Page 7: Andy’s Plaza Retail Investment Opportunity

P 7 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity Retail Aerial View

Page 8: Andy’s Plaza Retail Investment Opportunity

P 8 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity

Representative Photo

Location Map

Page 9: Andy’s Plaza Retail Investment Opportunity

P 9 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity

Representative Photo

Aerial Map

Page 10: Andy’s Plaza Retail Investment Opportunity

P 10 of 11

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity About The Area

Riverdale, Georgia Riverdale is located in the "Southern Crescent" of Clayton County, approximately 10 miles south of Atlanta. The City is only 5 miles south of Atlanta's Hartsfield-Jackson International Airport, one the nation's busiest airports Riverdale has a population of over 14,000 and is the second largest city (population) in Clayton County. The City is governed by a Mayor and 4 Council members. Each council member represents the entire city and are elected at-large, though they hail from one of the four wards that divide the city. The Mayor and Council appoint a City Manager, who has oversight over 5 departments. Hartsfield-Jackson Atlanta International Airport is located seven miles south of the central business district of Atlanta, Georgia, United States. It has been the world's busiest airport by passenger traffic since 1998, and by number of landings and take-offs since 2005. Hartsfield–Jackson held its ranking as the world's busiest airport in 2012, both in passengers and number of flights, by accommodating 95 million passengers (more than 260,000 passengers daily) and 950,119 flights. Many of the nearly one million flights are domestic flights from within the United States, where Atlanta serves as a major hub for travel throughout the Southeastern United States. The airport has 207 domestic and international gates. Hartsfield–Jackson International Airport is a focus city for Southwest Airlines and is the primary hub of Delta Air Lines and Delta Connection partner ExpressJet; at nearly 1,000 flights a day, the Delta hub is the world's largest airline hub. Delta Air Lines flew 59.01% of passengers from the airport in February 2011, AirTran flew 17.76%, and ExpressJet flew 13.86%. In addition to hosting Delta's corporate headquarters, Hartsfield-Jackson is also the home of Delta's Technical Operations Center, which is the airline's primary maintenance, repair and overhaul arm. The airport has international service to North America, South America, Central America, Europe, Asia, and Africa. As an international gateway to the United States, Hartsfield–Jackson ranks seventh.

Page 11: Andy’s Plaza Retail Investment Opportunity

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Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Andy’s Plaza

Retail Investment Opportunity Confidentiality Agreement

This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party (“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker Bull Realty Incorporated (“Broker”). Now therefore in consideration of the privileges granted to Receiving Party with respect to receiving certain confidential information, and other good and valuable consideration, the Receiving Party hereby agrees to the following: I. Confidential Information: Receiving Party will receive confidential information regarding property referred to as 6504 Church Street, Riverdale, GA 30274 Prospect agrees to not disclose to any person that the property may be available for sale or lease, or that discussions or negotiations are taking place concerning the property, n or any terms, conditions, or other facts with respect to the property, including but not limited to tenant information, lease rates, lease expirations, income and expenses, and any such possible purchase, including the status thereof. The term “person” used in this agreement shall be interpreted broadly and shall include, without limitation, any corporation, company, partnership or individual other than parties to which Broker approves in writing. Receiving Party may share information with directors, officers, employees, agents, affiliates, counsel, lending sources, accountants or representatives of Receiving Party that Receiving Party notifies of the require-ments of this Agreement. Receiving Party agrees to not contact the property owner, the management, the tenants, the lender, the vendors, the insurers, the employees or the customers of any business at the site. II. Acting as a Principal: Receiving Party hereby warrants that it is acting as a principal only, and not as a broker, regarding this contemplated transaction. Receiving Party acknowledges that Broker is working an agency capacity as representing the Seller only in this transaction and is the only Broker involved in this potential transaction. Receiving Party agrees to not be involved in any arrangement to lease or purchase the property, in whole or in part, as a lender, partner, buyer of the note, buy in foreclosure, buy from bankruptcy court, or in any other manner acquire an investment in, joint venture or control of the property, unless Bull Realty, Incorporated is paid a commission at closing as per separate agreement with Seller. This agreement will expire two years from the date hereof. III. Governing Law This Agreement shall be governed and construed in accordance with the laws of the State of Georgia.

Accepted and agreed to this _______ day of ___________________, 2015.

Receiving Party

Signature ___________________________________________________________________

Printed Name _______________________________________________________________

Title _______________________________________________________________________

Company Name _____________________________________________________________

Address ____________________________________________________________________

____________________________________________________________________

You may return the executed agreement by fax (404) 876-7073 or email [email protected] Bull Realty, Inc. | 50 Glenlake Parkway, Suite 600 | Atlanta, GA 30328

Bull Realty GA license #20209

Email ______________________________________________________________________

Phone _____________________________________________________________________

Fax ________________________________________________________________________

Broker

Signature ___________________________________________________________________

Printed Name ________________________________________________________________