Offering MemorandumC- 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

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D I S C L A I M E R & L I M I T I N G C O N D I T I O N S 3

E X E C U T I V E S U M M A R Y 4

P R O P E R T Y O V E R V I E W 5

L O C A T I O N M A P S 6

R E T A I L M A P 7

S U R V E Y 8

C O N C E P T U A L S E N I O R H O U S I N G P L A N 9

B R O K E R P R O F I L E 10

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T A B L E O F C O N T E N T S

50 Glenlake Parkway, Suite 600Atlanta, GA 30328BullRealty.com

Rick BlumenfeldV.P. Land & Developer ServicesRBlumenfeld@BullRealty.com404-876-1640 x173

Exclusively listed by Bull Realty, Inc.

D I S C L A I M E R & L I M I T I N G C O N D I T I O N SC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

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Bull Realty has been retained as the exclusive listing broker to arrange the sale of the Subject Property.

This Offering Memorandum contains selected information pertaining to the Property but does not purport to be all-inclusive or to contain all of the information that aprospective purchaser may require. All financial projections are provided for general reference purposes only and are based upon assumptions relating to the generaleconomy, competition and other factors, which therefore, are subject to material change or variation. Prospective purchasers may not rely upon the financialprojections, as they are illustrative only. An opportunity to inspect the Property will be made available to qualified prospective purchasers.

In this Offering Memorandum, certain documents, including financial information, are described in summary form and do not purport to be complete or accuratedescriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to review independently alldocuments.

This Offering Memorandum is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation,endorsement or advice as to the value of the Property by Bull Realty Inc. or the current Owner/Seller. Each prospective purchaser is to rely upon its own investigation,evaluation and judgment as to the advisability of purchasing the Property described herein.

Owner/Seller expressly reserve the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or to terminatediscussions with any party at any time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this OfferingMemorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approvedby the Owner/Seller and any conditions to the purchaser's obligations therein have been satisfied or waived. The Seller reserves the right to move forward with anacceptable offer prior to the call for offers deadline.

This Offering Memorandum may be used only by parties approved by the Owner. The Property is privately offered, and by accepting this Offering Memorandum, theparty in possession hereof agrees (i) to return it if requested and (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held andtreated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior writtenauthorization of Bull Realty, Inc. or Owner/Seller. The terms and conditions set forth above apply to this Offering Memorandum in its entirety and all documents, disksand other information provided in connection therewith.

• 5.49 acre land site

• Zoned C-2

• Parcel ID 20-0010-0-097-0

• Site ideally suited for convenient store with gas, restaurant, hospitality

• Site approved for senior housing and assisted living & memory care

• 322' of frontage along Cowan Road

• All utilities available on site

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E X E C U T I V E S U M M A R YC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

PRICE | $1,750,000

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P R O P E R T Y O V E R V I E WC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

Address: 4967 Cowan Road, Acworth, GA 30101

County: Cobb

Site Size: 5.49 Acres

Parcel ID: 20-0010-0-097-0

Zoning: C-2

Proposed Use: Convenient store with gas, restaurant, hospitality, senior housing

Sale Price: $1,750,000

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Located less than one mile from I-75, less than two miles from Cabela's, 5.5 miles fromKennesaw and 5.6 miles from Kennesaw State University.

Nearby retail includes Publix, Domino's pizza, Sonic Drive-in, Zaxby's Chicken, CVS,Anytime fitness. Nearby hotels include Quality Inn, Econo Lodge and Super 8.

The historic downtown and small-town feel of Acworth provides many leisureopportunities for families, foodies, and outdoor enthusiasts alike. Acworth is located inthe foothills of the North Georgia mountains and is nestled along the banks of LakeAcworth and Lake Allatoona, hence its nickname “The Lake City.”

The city boasts a rich history, a charming downtown, abundant outdoor recreationalactivities, a vibrant restaurant scene, and an active festival and events calendar. Acworthis one of the best, family-friendly destinations in the Atlanta region.

Source: ESRI

LOCATION DESCRIPTIONPOPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 9,099 53,718 128,069

MEDIAN AGE 32.2 33.9 34.5

MEDIAN AGE (MALE) 28.9 32.8 32.9

MEDIAN AGE (FEMALE) 35.0 35.1 35.9

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 3,510 19,031 44,744

# OF PERSONS PER HH 2.6 2.8 2.8

AVERAGE HH INCOME $54,783 $78,265 $80,934

AVERAGE HOUSE VALUE $154,618 $183,421 $195,173

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R E T A I L M A PC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

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C O N C E P T U A L S E N I O R H O U S I N G P L A NC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

B R O K E R P R O F I L EC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

Bull Realty is a commercial real estate sales, leasing, management and advisory firm headquartered in Atlanta licensedin nine Southeast states. The firm was founded in 1998 on two primary missions: to provide a company of advisorsknown for integrity and to provide the best disposition marketing in the nation. Still guided by these philosophies, thefirm's services have expanded to include disposition, acquisition, project leasing, property management, tenantrepresentation and consulting services. To add additional value and efficiency for clients, advisors focus on specificsectors and services in the office, retail, industrial, multifamily, land, healthcare, senior housing, self-storage,automotive, hospitality and single tenant net lease sectors.

The firm produces America's Commercial Real Estate Show, a national video show and podcast enjoyed by millions ofpeople around the country. Industry analysts, leading market participants and the firm's founder Michael Bull sharemarket intelligence, forecasts and success strategies. The show has aired every week since 2010 on iTunes, YouTube andwww.CREshow.com. The firm also produces Atlanta's Commercial Real Estate Show available on AtlCREshow.com.

404-876-1640 x173

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50 Glenlake Parkway, Suite 600Atlanta, GA 30328

RBlumenfeld@BullRealty.com

V.P. Land & Developer ServicesRICK BLUMENFELD Professional Background

Richard Blumenfeld is a seasoned professional with over thirty-five years of senior management experience, primarily inreal estate, sales & marketing and business development. He was founder and President of Intersouth Properties, a fullservice real estate company with offices in Georgia and Florida. Intersouth worked with private owner/investors, city &county governments, banks, and federal agencies.

Blumenfeld most recently was President of APEX ADVISORY GROUP, a firm that provides advisory services to real estatedevelopers and investors, large land owners, construction companies and owner operators of assisted living/memorycare. Blumenfeld is also President/Managing Director of Family Circle Communities, a regional 501C3 Not-for-Profitdedicated to holistic neighborhood revitalization and the provision of quality, affordable, energy efficient housing.

Blumenfeld was Senior Vice President of The Calibre Companies, the 46th largest residential builder in the USA. For-salehousing responsibilities included development and sales & marketing. He also worked for Killearn, Inc. as Director ofReal Estate. His first real estate job was with Citizens & Southern and their REIT.

Over the past years, Blumenfeld has established himself as an effective executive in every field he has entered. Heauthored Your Home is Your Castle, a book about the management and operation of residential homeownerassociations.

Richard Blumenfeld obtained his Bachelors of Science in Marketing & Business Administration from the University ofAlabama. He has been a Georgia Real Estate Broker since 1980 and is a Certified Aging-in-Place Specialist.

Bull Realty Inc.

T E A M P R O F I L EC - 2 Z O N E D L A N D S I T E | 5 . 4 9 A C R E S

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Rick BlumenfeldV.P. Land & Developer ServicesRBlumenfeld@BullRealty.com404-876-1640 x173

Colt NealMarketing

Carine DavisMarketing

Scott JacksonAnalyst