flagstar portfolio 2904 5015 Windward Parkwayexecutive summary

investment highlights

square feet: 3,836 sf

acreage: 1.05 acres

parcel iD: 22512011122841

offering price: $1,950,000

price per square foot: $508/sf

Debt structure: market; offered free & clear

zoning: c-1 (commercial)5015 winDwarD parkwayalpharetta, ga 30004

Ackerman & Co.’s retail investment sales team is pleased to exclusively present for sale a vacant 3,836-square-foot former bank branch located in Alpharetta, Georgia.

the subject property, originally constructed in 2005, includes a 3,836-square foot building on approximately 1.00 acre. this asset is fee simple, and is being offered free and clear of debt located in a large demographic base with high household incomes.

the subject property is located along the heavily-traveled retail corridor on windward parkway with more than 41,040 vehicles per day. the building was built in 2005 and offers existing drive-through lanes.

flagstar portfolio 3004 5015 Windward Parkway

5015 Windward Parkway is located near the signalized intersection of Windward Parkway and Highway 9 in Alpharetta, Georgia.

location and demographics

1-MILE 3-MILES 5-MILES

Total Population 6,833 59,906 148,730

Total Households 3,097 22,483 54,350

2012 Average Household Size 2.20 2.53 2.73

Average Household Income $87,100 $110,740 $124,087

Per Capita Income $40,160 $44,058 $45,473

householD anD income Demographic summary

Exit 11

19

9

400

Windward Pkwy

Cumming St

Wes

tside

P

kwy

Deerfield Pk wy

Mor

ris R

dNo

rth P

oint

Pkw

y

Alpharetta Hwy / N Main St

fLAgSTAr bAnk5015 windward ParkwayalPharetta, GeorGia 300004

the vacant bank is conveniently located in the dense retail windward parkway corridor and is close to restaurants, shopping centers and hotels. in 2012, the total population within five miles was 148,730 and the average household income within five miles was $124,087.

Source: 2011 GASTARS Traffic Counters

traffic counts on winDwarD parkway / n. main st41,040 vEHICLES per Day

flagstar portfolio 3104 5015 Windward Parkwayproperty photographs

5015 winDwarD parkwayalpharetta, ga 30004

flagstar portfolio 32

close up aerial view of bank

04 5015 Windward Parkway

Windward Pkwy

North Main St

Alpharetta Hwy

41,040 vEHICLES per Day.

fLAgSTAr bAnk5015 windward ParkwayalPharetta, GeorGia 30004

flagstar portfolio 33

property aerial showing bank and surrounding retail

04 5015 Windward Parkway

Windward Pkwy

N Main St

Alpharetta Hwy

41,040 vEHICLES per Day.

fLAgSTAr bAnk5015 windward ParkwayalPharetta, GeorGia 30004

flagstar portfolio 34

fLAgSTAr bAnk5015 windward ParkwayalPharetta, GeorGia 30004

04 5015 Windward Parkwaysurvey

SITE1.05 AC

flagstar portfolio 35

400

675

278

DowntownAtlanta

Dunwoody Norcross

Duluth

Suwanee

Lawrenceville

Snellville

Lilburn

Tucker

Lithonia

Forest Park

Decatur

Austell

Lithia Springs

Fairburn

Jonesboro

Stockbridge

PanthersvilleConyers

SmyrnaHiram

Marietta

Kennesaw

Woodstock

SandySprings

Hartsfield-JacksonInternational Airport

fLAgSTAr bAnk5015 windward ParkwayalPharetta, GeorGia 30004

ga-400.......................................................................................1.1 miles

interstate 285........................................................................15.3 miles

hartsfield-Jackson international airport....................37.3 miles

key Distances

04 5015 Windward Parkwayarea map

flagstar portfolio 3604 5015 Windward Parkwaydetailed demographics

Demographics 1-mile 3-miles 5-miles

2017 projected population 7,925 63,900 163,944

2012 population 6,833 56,906 148,730

2000 census population 3,605 36,359 104,922

1990 census population 1,731 13,540 43,145

growth 2012-2017 15.98% 12.29% 10.16%

growth 2000-2012 89.54% 56.51% 41.75%

2012 median age 37.18 35.39 34.20

2017 projected households 3,556 25,180 59,939

2012 households 3,097 22,483 54,350

2000 census households 1,680 14,520 38,363

1990 census households 751 5,440 16,327

growth 2012-2017 14.82% 12.00% 10.28%

growth 2000-2012 84.35% 54.84% 41.67%

2012 average household size 2.20 2.53 2.73

2012 median household income $68,202 $85,111 $95,961

2012 average household income $87,100 $110,740 $124,087

2012 per capita income $40,160 $44,058 $45,473

2012 housing units 3,302 23,832 57,491

2012 owner occupied units 53.60% 65.35% 74.37%

2012 renter occupied units 46.40% 34.65% 25.63%