Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology...

14
OFFERING MEMORANDUM OPERATING DAYCARE IN STOCKBRIDGE, GA | ± 10,812 SF

Transcript of Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology...

Page 1: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

OFFERING MEMORANDUMOPERATING DAYCARE IN STOCKBRIDGE, GA | ± 10,812 SF

Page 2: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

3EXECUTIVE SUMMARY

4PROPERTY INFORMATION

5SURVEY

6RETAILER MAP

7IN THE AREA

8ABOUT THE AREA

9ATLANTA

10BROKER PROFILE

11TEAM PROFILE

12CONFIDENTIALITY AGREEMENT

13DISCLAIMER

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 2 o f 1 4

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

Bull RBull Realtyealty, Inc., Inc.50 Glenlak50 Glenlake Pe Parkwarkwaayy, Suit, Suite 600e 600AAtlantlantta, GA 30328a, GA 30328BullRBullRealtyealty.c.comom

JarJared Daleed DaleyyCommerCommercial Rcial Real Eseal Esttaatte Advisore AdvisorJDaleJDaley@[email protected] x111404-876-1640 x111

Exclusively listed by Bull Realty, Inc.

Page 3: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 3 o f 1 4

P RP RO P E RO P E RT Y D ET Y D ES C R I PS C R I PT I O NT I O NBull Realty is pleased to present this operating daycare center available for salein Stockbridge, GA. This ±10,812 SF building was built in 1991 and sits on an±1.03-acre site. The center has a canopied drop off area on the side of thebuilding, 16 parking spaces in front and has the capacity for 238 children. Theproperty also includes a playground, small pool and a storage shed that islocated behind the building.

This property is located on Hudson Bridge Road just east of its intersection withFlippen Road. There is a turn lane directly into the property from Hudson BridgeRoad. Nearby retailers include Walmart, Dunkin, McDonald's, Walgreens andKroger. Nearby schools include Pates Creek Elementary, Red Oak Elementary,Smith Barnes Elementary and Flippen Elementary.

For interested daycare owner/users, operating and income statements areavailable for those who execute the Confidentiality Agreement located on page 12of this document or online at BullRealty.com. For all other owner/users, theoccupant will vacate upon sale with appropriate notice.

Please do not visit without an appointment.Please do not disturb management or tenants.

P RP RO P E RO P E RT Y H I G H L I G H TT Y H I G H L I G H TSS

• 10,812 SF daycare center• Ideal opportunity for owner/user• Business value and all FF&E included• Capacity for 238 children• Situated on a ± 1.03-acre site• Located 1 mile from I-75

$1,600,000 10,812 SF

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

Page 4: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 4 o f 1 4

BUILDINGBUILDING

Property Address: 1801 Hudson Bridge Road, Stockbridge, GA 30281

County: Henry

Building Size: 10,812 SF

Year Built: 1991

Signage: Monument

SITESITE

Site Size: 1.03 Acres

Zoning: C3

Parcel ID: 032-01012004

Parking Spaces: 16

CCONSONSTRUCTRUCTIONTION

Foundation: Slab

Exterior: Vinyl siding

Heating: Forced air

Number of Stories: 1

Ingress/Egress: 1

FINANCIALFINANCIAL

Price/SF: $147.98

Occupancy: 100%

Sale Price: $1,600,000

P R O P E R T Y I N F O R M A T I O N

Page 5: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 5 o f 1 4

S U R V E Y

Page 6: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 6 o f 1 4

R E T A I L E R M A P

Page 7: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 7 o f 1 4

I N T H E A R E A

Page 8: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 8 o f 1 4

SSTTOCKBRIDGE, GAOCKBRIDGE, GAThe City of Stockbridge is located in the northern part of Henry County, Georgia.The county has an area of approximately 331 square miles located in thePiedmont Section of northern Georgia and is surrounded by the counties ofButts, Clayton, Dekalb, Newton, Rockdale and Spalding Counties.

Conveniently located 20 miles south of Atlanta and 12 miles east of the AtlantaHartsfield-Jackson International Airport, Stockbridge is often recognized as thegateway to Henry County.

Stockbridge is also home to many hiking and walking trails as well as parks andthe City Hall lawn which hosts many community events throughout the year.Supportive economic development, excellent public services and fabulous smalltown hospitality are all reasons why Stockbridge continues to enjoy tremendousgrowth.* https://www.cityofstockbridge.com

P O P U L AP O P U L AT I O NT I O N

80,611

M E D I A N I N CM E D I A N I N C O M EO M E

$73,219

M E D I A N AM E D I A N A G EG E

34.7

M E DM E D. H O M E P R I C E. H O M E P R I C E

$189,458

T R A F F I C CT R A F F I C C O U N TO U N T

21,900 VPD

DEMOGRAPHICS (5-MILE)DEMOGRAPHICS (5-MILE)

A B O U T T H E A R E A

Page 9: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

B U S I N EB U S I N ES SS S- F R I E N D L- F R I E N D LY C I T YY C I T YAtlanta, the capital and most populous city in Georgia, is the ninth-largest metro in the United States withover 5.9 million residents. It prides itself on its low business costs, tax-friendly environment, diverseeconomy and suburb quality of life. Encompassing a GDP over $270 billion, the Atlanta metropolitan areais a true “world city.”

H O M E TH O M E TO FO FO RO RT U N E 5 0 0 CT U N E 5 0 0 CO M PO M PA N I EA N I ESSAtlanta has the third-highest concentration of Fortune 500 headquarters in the U.S., and over 75% of theFortune 1000 conduct business in the Atlanta Metropolitan Area. The city is the global headquarters ofcorporations such as The Coca-Cola Company, The Home Depot, Delta Air Lines, AT&T Mobility, UPS andNewell-Rubbermaid.

CCO N T I N U O U S EO N T I N U O U S ECCO N O M I C D E V E LO N O M I C D E V E LO P M E N TO P M E N TThe city’s continuous growth is expected to continue with recently executed or announced corporaterelocations such as UPS, Mercedes-Benz, NCR, Honeywell, and General Electric. Atlanta has also become amega center for movie production due to tax credits implemented in 2008.

WWO R L D - C L A S S E D U C AO R L D - C L A S S E D U C AT I O NT I O NAtlanta houses several of the top higher education institutions in the United States including GeorgiaInstitute of Technology, Emory University, Georgia State University and Kennesaw State University.

AATTT R AT R ACCT I O N S A N D TT I O N S A N D TO U R I S MO U R I S MAttractions in Atlanta include the largest aquarium in the western hemisphere, the CNN Center, the FoxTheater, the King Center and the new $1.5 billion home of the Atlanta Falcons football franchise,Mercedes-Benz Stadium. Hartsfield-Jackson Atlanta International Airport is the world’s busiest airport,making the city a hub for business and tourism travelers alike.

#1 Most-Traveled Airport inthe World

$270 Billion GDP inMetro-Atlanta

17 Fortune 500 HQ inAtlanta

Georgia Tech’s Technology Square isa R&D incubator for over 100companies and is “one of the

incubators changing the world.”-Forbes 2010 & 2013

#4 Metro Area for Largest Increase inPopulation, 2015-2016 -U.S. CensusBureau Population Division

Top U.S. Metro with #1 LowestCost of Doing Business

A T L A N T A

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 9 o f 1 4

Page 10: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 1 0 o f 1 4

Bull Realty is a commercial real estate sales, leasing, and advisory firm headquartered in Atlanta licensed in nine Southeaststates. The firm was founded in 1998 on two primary missions: to provide a company of advisors known for integrity and toprovide the best disposition marketing in the nation. Still guided by these philosophies, the firm's services have expandedto include disposition, acquisition, project leasing, tenant representation and consulting services. To add additional valueand efficiency for clients, advisors focus on specific sectors 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 share marketintelligence, forecasts and success strategies. The show has aired every week since 2010 on Apple Podcast, all majorpodcast sites, YouTube and www.CREshow.com.

P RP RO F EO F ES S I O N A L BS S I O N A L BAAC KC KG RG RO U N DO U N DJared utilizes Bull Realty’s successful marketing platform to help clients with all types of properties. His experience in theautomotive business and financial services industry helps Jared assess the real value of a property or a company’s spaceneeds and determine how to best deal with today’s market.

Jared has experience in office, automotive properties and all types of commercial real estate, especially distressed assets.Jared has been instrumental in stabilizing commercial properties with more than two hundred signed leases completedsince 2008. The leases consisted of office, warehouse and automotive facilities. Additionally, Jared sells as many as twodozen properties per year. His wide variety of listings throughout the metro Atlanta area keeps a steady stream of buyerscalling.

In addition to his commercial real estate experience, Jared has eleven years experience as a financial advisor (NASD Series7, 6, 63, 66; GA Life/Health/Variable licenses). Prior to that, he spent a decade in the automotive industry.

Jared is a member of the Atlanta Commercial Board of Realtors and is a CCIM candidate. He lives in Douglasville with hiswife and daughter. His interests include mountain biking, skiing, golf, music and standard bred horses.

JJA R E D DA R E D DA L E YA L E YCommerCommercial Rcial Real Eseal Esttaatte Advisore Advisor

Bull Realty Inc.50 Glenlake Parkway, Suite 600Atlanta, GA 30328404-876-1640 [email protected]

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

Page 11: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

T E A M P R O F I L E

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 1 1 o f 1 4

Jared DaleyCommercial Real Estate [email protected]

404-876-1640 x111

Aubri LienemannAubri LienemannMarketing

KKaattelyn Welyn WesestbrtbrookookMarketing

ScScott Jackott JacksonsonAnalyst

Michael BullMichael BullBroker

Page 12: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

Jared Daley404-876-1640 [email protected]

Bull Realty, Inc.50 Glenlake Parkway, Suite 600Atlanta, GA 30328

This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersignedparty (“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker BullRealty Incorporated (“Broker”). Now therefore in consideration of the privileges granted to Receiving Partywith respect to receiving certain confidential information, and other good and valuable consideration, theReceiving Party hereby agrees to the following:

I. Confidential Information:Receiving Party will receive confidential information regarding property referred to as 18011801 HudsonHudson BridgBridgeeRRoadoad StStockbridgockbridge,e, GAGA 3028130281. Prospect agrees to not disclose to any person that the property may beavailable for sale or lease, or that discussions or negotiations are taking place concerning the property, norany terms, conditions, or other facts with respect to the property, including but not limited to tenantinformation, lease rates, lease expirations, income and expenses, and any such possible purchase, includingthe 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 Brokerapproves in writing. Receiving Party may share information with directors, officers, employees, agents,affiliates, counsel, lending sources, accountants or representatives of Receiving Party that Receiving Partynotifies of the requirements 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 anybusiness 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 thiscontemplated transaction. Receiving Party acknowledges that Broker is working an agency capacity asrepresenting 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 orin part, as a lender, partner, buyer of the note, buy in foreclosure, buy from bankruptcy court, or in anyother 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 LawThis Agreement shall be governed and construed in accordance with the laws of the State of Georgia.

If you are a broker, or a principal desiring to include an outside broker, contact the listing agent directly for aBuyer and Buyer’s Broker Confidentiality & Commission Agreement.

Accepted and agreed to __ / __ / __

Receiving Party

Signature

Printed Name

Title

Company Name

Address

Email

Phone

Fax

SIGN CONFIDENTIALITYAGREEMENT ONLINE

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 1 2 o f 1 4

C O N F I D E N T I A L I T Y A G R E E M E N T

Page 13: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

D I S C L A I M E R

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 thata prospective purchaser may require. All financial projections are provided for general reference purposes only and are based upon assumptions relating to thegeneral economy, 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, suitability 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 owninvestigation, 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 and/or to terminate discussions with any party atany time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offeron the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Owner/Seller and any conditionsto the purchaser's obligations therein have been satisfied or waived. The Owner/Seller reserves the right to move forward with an acceptable offer prior to the call foroffers deadline.

This Offering Memorandum may be used only by parties approved by the Broker. 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. The terms and conditions set forth above apply to this Offering Memorandum in its entirety and all documents, disks and otherinformation provided in connection therewith.

S t o c k b r i d g e D a y c a r e C e n t e r | ± 1 0 , 8 1 2 S F | P a g e 1 3 o f 1 4

Page 14: Offering Memorandum · Metro-Atlanta 17 Fortune 500 HQ in Atlanta Georgia Tech’s Technology Square is a R&D incubator for over 100 companies and is “one of the incubators changing

2020 Bull Realty, Inc. All rights reserved. Information contained herein may have been provided by the seller, landlord or other outside sources. While deemedreliable, it may be estimated, projected, limited in scope and is subject to change or inaccuracies. Pertinent information should be independently confirmed prior to

lease or purchase offer or within an applicable due diligence period.

Please do not visit site without an appointment.Please do not disturb management or tenants.

JARED DALEYCommercial Real Estate Advisor

[email protected] x111

TO SCHEDULE A PROPERTY VISIT OR TO DISCUSS THE OPPORTUNITY CONTACT: