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INVESTMENT OFFERINGClass A Medical Office Park 17,032 Rentable Square Feet Woodstock, GA 30189 $3,900,000
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FOR MORE INFORMATION:
Jeffrey L. Pittman, CCIM Piedmont Real Estate Group, Inc.770-592-6104 office678-463-2948 [email protected]
PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
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PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
Piedmont Real Estate Group is pleased to offer for sale to qualified investors Eagle Drive Professional Park in Woodstock, GA. This outstanding high quality medical office investment project consists of 17,032 gross square feet, in two buildings, with 100% of the project leased to five health care industry tenants. All leases are at market rental rates with a full pass through of expenses.
Investment Merits:100% leased by medical tenants66% leased by dentistry/orthodontic tenants 50% leased through 2026 and beyondNo expirations until 2020NNN lease structures
PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
Project Location
Eagle Drive Professional Park is located on Eagle Drive within the city limits of Woodstock, GA approximately 2.8 miles from I-575 and 1/4 mile from Bells Ferry Road. The project enjoys high visibility and easy access with approximately 39,600 cars passing by on Eagle Drive daily.
The project is surrounded by complimentary retail and commercial uses and has excellent proximity to well established, quality residential housing in the sought after Towne Lake area. These neighborhoods feature attractive residential architecture, and full scale amenities such as swim and tennis facilities and two highly successful championship golf courses.
The demographics in the surrounding area are outstanding and among the top three areas of Cherokee County with high median family incomes.
Downtown WoodstockBells Ferry Rd.
Eagle Drive
Towne Lake Pkwy
Outlet Shoppes
1816 Eagle Drive
Hwy 92
Interior Photos Suite 200
PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
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PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
Aerial Map of Buildings
Traffic CountsTowne Lake Parkway/Eagle Drive: 39,600 daily Bells Ferry Road: 26,200 daily
Eagle Drive
Rear Elevation - Building 200 Rear Elevation - Building 100
6/5/2017 2016 Tax Bill for 15N05 144D-5
http://www.cherokeega.com/applications/TaxBills/print/taxbillsearch_printbill.cfm?propid=15N05%20%20%20%20%20144D-5%20%20%20&taxbillyear=2016 1/1
2016 Proper tyTax StatementSonya Little Cherokee County TaxCommissioner 2780 Marietta Hwy
Canton , GA 30114
Make Check or Money OrderPayable to:Cherokee County TaxCommissioner
EAGLE DRIVE ENTERPRISESLLC C/O EAGLE DRIVE PROFPARK1816 EAGLE DR - BLDG 200 WOODSTOCK , GA 30189
Bill No. Due Date *Total Due*
2016-41186 12/20/2016 $0.00
Map: 15N05 144D-5 Location: 1816 EAGLE DR
Payment Good through: 06/05/2017 Print Date:06/05/2017
If you have sold this property, fax a copy of the settlement statement to 678-493-6423. Ifyou have an escrow forward tax bill to your mortgage company as soon as possible. Interestwill accrue at the rate prescribed by law starting December 21st and the 21st of each monthuntil paid.The penalty will accrue at the rate prescribed by law. ** Pay online atwww.cherokeega.com** Please note: There is a 3% Merchant Fee charged. (This fee is notcollected by Cherokee County.)
Tax Payer: EAGLE DRIVE ENTERPRISES LLC C/O EAGLE DRIVE PROFPARK
Map Code: 15N05 144D-5 REALDescription: BLDG 200, STE A EAGLE DR PROF PARKLocation: 1816 EAGLE DRBill No: 2016-41186District: CHEROKEE COUNTY AT LARGE 001
Phone: (678)-493-6400 Fax: (678)-493-6423
Building Value Land Value Acres Fair MarketValue Due Date Billing
DatePaymentGoodthrough
Exemptions
395,800.00 100,000 1.0000 495,800 12/20/2016 06/05/2017
Entity AdjustedFMV
NetAssessment Exemptions Taxable
ValueMillageRate
GrossTax Credit Net Tax
COUNTY M&O 495,800.00 198,320.00 0.00 198,320.00 5.680 1,126.46 0.00 $1,126.46
SCHOOL M&O 495,800.00 198,320.00 0.00 198,320.00 19.450 3,857.32 0.00 $3,857.32
PARKS BOND 495,800.00 198,320.00 0.00 198,320.00 0.609 120.78 0.00 $120.78
COUNTY WIDE FIRE DIST 495,800.00 198,320.00 0.00 198,320.00 3.374 669.13 0.00 $669.13
T O T A L S 29.113 5773.69 $0.00 $5,773.69
If you need to - change your mailing address / are a new resident / person 62 or older and/or disabled youshould call the Tax Assessors office at 678-493-6120 to find out about qualifications for exemptions. April 1of each year is the deadline to apply with The Tax Assessors Office for any exemptions. If you feel yourproperty value is too high, you should file a return with the Tax Assessor's Office no later than April 1st.
Current Due $5,773.69
Penalty 0.00
Interest 0.00
Other Fees 0.00
Previous Payments 5773.69
Back Taxes 0.00
Total Due $0.00Paid Date 10/26/2016
6/5/2017 2016 Tax Bill for 15N05 144D-6
http://www.cherokeega.com/applications/TaxBills/print/taxbillsearch_printbill.cfm?propid=15N05%20%20%20%20%20144D-6%20%20%20&taxbillyear=2016 1/1
2016 Proper tyTax StatementSonya Little Cherokee County TaxCommissioner 2780 Marietta Hwy
Canton , GA 30114
Make Check or Money OrderPayable to:Cherokee County TaxCommissioner
EAGLE DRIVE PROF PARK,LLC 1816 EAGLE DRIVE WOODSTOCK , GA 30189
Bill No. Due Date *Total Due*
2016-41189 12/20/2016 $0.00
Map: 15N05 144D-6 Location: 1816 EAGLE DR
Payment Good through: 06/05/2017 Print Date:06/05/2017
If you have sold this property, fax a copy of the settlement statement to 678-493-6423. Ifyou have an escrow forward tax bill to your mortgage company as soon as possible. Interestwill accrue at the rate prescribed by law starting December 21st and the 21st of each monthuntil paid.The penalty will accrue at the rate prescribed by law. ** Pay online atwww.cherokeega.com** Please note: There is a 3% Merchant Fee charged. (This fee is notcollected by Cherokee County.)
Tax Payer: EAGLE DRIVE PROF PARK, LLC
Map Code: 15N05 144D-6 REAL
Description: EAGLE DRIVE PROF.PARK BL 200 STE B
Location: 1816 EAGLE DR
Bill No: 2016-41189
District: CHEROKEE COUNTY AT LARGE 001
Phone: (678)-493-6400 Fax: (678)-493-6423
Building Value Land Value Acres Fair MarketValue Due Date Billing
DatePaymentGoodthrough
Exemptions
172,000.00 100,000 1.0000 272,000 12/20/2016 06/05/2017
Entity AdjustedFMV
NetAssessment Exemptions Taxable
ValueMillageRate
GrossTax Credit Net Tax
COUNTY M&O 272,000.00 108,800.00 0.00 108,800.00 5.680 617.98 0.00 $617.98
SCHOOL M&O 272,000.00 108,800.00 0.00 108,800.00 19.450 2,116.16 0.00 $2,116.16
PARKS BOND 272,000.00 108,800.00 0.00 108,800.00 0.609 66.26 0.00 $66.26
COUNTY WIDE FIRE DIST 272,000.00 108,800.00 0.00 108,800.00 3.374 367.09 0.00 $367.09
T O T A L S 29.113 3167.49 $0.00 $3,167.49
If you need to - change your mailing address / are a new resident / person 62 or older and/or disabled youshould call the Tax Assessors office at 678-493-6120 to find out about qualifications for exemptions. April 1of each year is the deadline to apply with The Tax Assessors Office for any exemptions. If you feel yourproperty value is too high, you should file a return with the Tax Assessor's Office no later than April 1st.
Current Due $3,167.49
Penalty 0.00
Interest 0.00
Other Fees 0.00
Previous Payments 3167.49
Back Taxes 0.00
Total Due $0.00Paid Date 12/20/2016
6/5/2017 2016 Tax Bill for 15N05 144D-2
http://www.cherokeega.com/applications/TaxBills/print/taxbillsearch_printbill.cfm?propid=15N05%20%20%20%20%20144D-2%20%20%20&taxbillyear=2016 1/1
2016 Proper tyTax StatementSonya Little Cherokee County TaxCommissioner 2780 Marietta Hwy
Canton , GA 30114
Make Check or Money OrderPayable to:Cherokee County TaxCommissioner
EAGLE DRIVE PROF PARK,LLC 1816 EAGLE DRIVE WOODSTOCK , GA 30189
Bill No. Due Date *Total Due*
2016-41187 12/20/2016 $0.00
Map: 15N05 144D-2 Location: 1816 EAGLE DR
Payment Good through: 06/05/2017 Print Date:06/05/2017
If you have sold this property, fax a copy of the settlement statement to 678-493-6423. Ifyou have an escrow forward tax bill to your mortgage company as soon as possible. Interestwill accrue at the rate prescribed by law starting December 21st and the 21st of each monthuntil paid.The penalty will accrue at the rate prescribed by law. ** Pay online atwww.cherokeega.com** Please note: There is a 3% Merchant Fee charged. (This fee is notcollected by Cherokee County.)
Tax Payer: EAGLE DRIVE PROF PARK, LLC
Map Code: 15N05 144D-2 REAL
Description: BLDG 100, STE B, EAGLE DR PROF PARK
Location: 1816 EAGLE DR
Bill No: 2016-41187
District: CHEROKEE COUNTY AT LARGE 001
Phone: (678)-493-6400 Fax: (678)-493-6423
Building Value Land Value Acres Fair MarketValue Due Date Billing
DatePaymentGoodthrough
Exemptions
271,700.00 100,000 1.0000 371,700 12/20/2016 06/05/2017
Entity AdjustedFMV
NetAssessment Exemptions Taxable
ValueMillageRate
GrossTax Credit Net Tax
COUNTY M&O 371,700.00 148,680.00 0.00 148,680.00 5.680 844.50 0.00 $844.50
SCHOOL M&O 371,700.00 148,680.00 0.00 148,680.00 19.450 2,891.83 0.00 $2,891.83
PARKS BOND 371,700.00 148,680.00 0.00 148,680.00 0.609 90.55 0.00 $90.55
COUNTY WIDE FIRE DIST 371,700.00 148,680.00 0.00 148,680.00 3.374 501.65 0.00 $501.65
T O T A L S 29.113 4328.53 $0.00 $4,328.53
If you need to - change your mailing address / are a new resident / person 62 or older and/or disabled youshould call the Tax Assessors office at 678-493-6120 to find out about qualifications for exemptions. April 1of each year is the deadline to apply with The Tax Assessors Office for any exemptions. If you feel yourproperty value is too high, you should file a return with the Tax Assessor's Office no later than April 1st.
Current Due $4,328.53
Penalty 0.00
Interest 23.45
Other Fees 0.00
Previous Payments 4351.98
Back Taxes 0.00
Total Due $0.00Paid Date 01/12/2017
6/5/2017 2016 Tax Bill for 15N05 144D-3
http://www.cherokeega.com/applications/TaxBills/print/taxbillsearch_printbill.cfm?propid=15N05%20%20%20%20%20144D-3%20%20%20&taxbillyear=2016 1/1
2016 Proper tyTax StatementSonya Little Cherokee County TaxCommissioner 2780 Marietta Hwy
Canton , GA 30114
Make Check or Money OrderPayable to:Cherokee County TaxCommissioner
EAGLE DRIVE PROF PARK,LLC 1816 EAGLE DRIVE WOODSTOCK , GA 30189
Bill No. Due Date *Total Due*
2016-41188 12/20/2016 $0.00
Map: 15N05 144D-3 Location: 1816 EAGLE DR
Payment Good through: 06/05/2017 Print Date:06/05/2017
If you have sold this property, fax a copy of the settlement statement to 678-493-6423. Ifyou have an escrow forward tax bill to your mortgage company as soon as possible. Interestwill accrue at the rate prescribed by law starting December 21st and the 21st of each monthuntil paid.The penalty will accrue at the rate prescribed by law. ** Pay online atwww.cherokeega.com** Please note: There is a 3% Merchant Fee charged. (This fee is notcollected by Cherokee County.)
Tax Payer: EAGLE DRIVE PROF PARK, LLC
Map Code: 15N05 144D-3 REAL
Description: BLDG 100, STE C EAGLE DR PROF PARK
Location: 1816 EAGLE DR
Bill No: 2016-41188
District: CHEROKEE COUNTY AT LARGE 001
Phone: (678)-493-6400 Fax: (678)-493-6423
Building Value Land Value Acres Fair MarketValue Due Date Billing
DatePaymentGoodthrough
Exemptions
315,900.00 100,000 1.0000 415,900 12/20/2016 06/05/2017
Entity AdjustedFMV
NetAssessment Exemptions Taxable
ValueMillageRate
GrossTax Credit Net Tax
COUNTY M&O 415,900.00 166,360.00 0.00 166,360.00 5.680 944.92 0.00 $944.92
SCHOOL M&O 415,900.00 166,360.00 0.00 166,360.00 19.450 3,235.70 0.00 $3,235.70
PARKS BOND 415,900.00 166,360.00 0.00 166,360.00 0.609 101.31 0.00 $101.31
COUNTY WIDE FIRE DIST 415,900.00 166,360.00 0.00 166,360.00 3.374 561.30 0.00 $561.30
T O T A L S 29.113 4843.23 $0.00 $4,843.23
If you need to - change your mailing address / are a new resident / person 62 or older and/or disabled youshould call the Tax Assessors office at 678-493-6120 to find out about qualifications for exemptions. April 1of each year is the deadline to apply with The Tax Assessors Office for any exemptions. If you feel yourproperty value is too high, you should file a return with the Tax Assessor's Office no later than April 1st.
Current Due $4,843.23
Penalty 242.16
Interest 135.20
Other Fees 35.00
Previous Payments 5255.59
Back Taxes 0.00
Total Due $0.00Paid Date 05/19/2017
PIEDMONT REAL ESTATE GROUP770-592.6104 | piedmontcap.com
DISCLOSURE AND DISCLAIMER: Piedmont Real Estate Group, Inc. ("Broker") is acting as agent for, and being compensated by, the Owner of this Property, and is not acting as agent for the prospective purchaser or tenant. Broker provides the within information together with all other information of every type, herewith or later provided, only to expedite a potential purchaser's or tenant's decision of whether to proceed with an independent in-depth investigation of the property. Said information shall not be used for any other purpose. All information provided by Broker is not guaranteed or warranted and may not cover all material facts. Broker and Owner expressly disclaim all express or implied responsibility for errors, omissions, representations with respect to matters of price, value, income, expense, legal or tax consequences, conditions of soil, structure, roof or operating systems, investment potential, compliance with applicable law, suitability for intended use or any other matter. Potential purchasers or tenants are responsible for verifying all material considerations and insuring that their offer is contingent upon such verification. The availability of the property is subject, without notice, to changes, prior sale, or withdrawal at any time. This document is not an offer open for acceptance. Broker has no power to obligate or bind the Owner of the Property. Owner may be bound only by a formal written agreement fully executed by all parties at interest, which agreement may be subject to conditions or rejection without reason. In consideration for the within information the recipient 1) accepts and uses the information and related material subject to these conditions, 2) agrees to rely solely on its right, and assumes the duty, to independently obtain and analyze all material information, and 3) agrees not to rely on any information provided by Broker. Persons associated with Broker may not alter or modify these provisions. Sub-agents of Broker and agents representing any purchaser or tenant shall disclose these terms to their prospects. Reproduction hereof, in whole or in part, without the prior written permission of Broker is strictly prohibited.
Interested parties may obtain full financial and property information after execution of a confidentiality agreement. For confidential information please contact:
Jeffrey L. Pittman, CCIM770-592-6104 office678-463-2948 [email protected]