OFFERING MEMORANDUM CLICK HERETOVISIT THE DRONE OVERVIEW - LOOPNET
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C l i c k He r e t o V i s i t Offering Memorandum
MIXED-USE REDEVELOPMENT OPPORTUNITY
the Drone Overview 15.5 ACRE SITE
HOLCOMB BRIDGE ROAD, ROSWELL, GA
TABLE OF CONTENTS
DISCLAIMER & LIMITING CONDITIONS 3
THE OFFERING 4
EXECUTIVE SUMMARY 5
Seth Katt PROPERTY INFORMATION 7
V.P. National Retail Group ZONING 8
Seth@BullRealty.com OVERALL CONCEPTUAL SITE PLAN 9
404-876-1640 x186 PHOTOS 10
SURVEY 11
Will Young
President, National Retail Group
WYoung@BullRealty.com
AREA OVERVIEW 12
404-876-1640 x141
UPCOMING DEVELOPMENTS 13
Joe Mitchell DEMOGRAPHICS 16
Associate, National Retail Group ABOUT THE AREA 17
Joe.Mitchell@BullRealty.com ACCOLADES 19
404-876-1640 x185
FINANCIAL OVERVIEW 22
50 Glenlake Parkway, Suite 600 LAND SALE COMPS 23
Atlanta, GA 30328 MIXED-USE SALE COMPS 24
BullRealty.com M U LT I FA M I LY S A L E C O M P S 25
M U LT I FA M I LY R E N T C O M P S 26
TEAM PROFILES 27
CONFIDENTIALITY AGREEMENT 29
Exclusively listed by Bull Realty, Inc.
DISCLAIMER & LIMITING CONDITIONS
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 a prospective purchaser may require. All financial projections are provided for general reference purposes only and are based upon assumptions relating to
the general economy, competition and other factors, which therefore, are subject to material change or variation. Prospective purchasers may not rely upon the
financial projections, 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 accurate
descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to review independently all
documents.
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 terminate
discussions with any party at any time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this Offering
Memorandum or making an offer to purchase 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 conditions to the purchaser’s obligations therein have been satisfied or waived. The Seller reserves the right to move
forward with an acceptable 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,
the party 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 and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the
prior written authorization 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, disks and other information provided in connection therewith.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 3 of 29
THE OFFERING
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 4 of 29
EXECUTIVE SUMMARY
T H E O FFE RIN G
R EDE V E LO P M E NT O P P O RTUN ITY EXISTING INCOM E
Bull Realty is pleased to present the opportunity to acquire This property is situated on ± 15.5 acres improved with 3 retail buildings
approximately ± 15.5 acres on Holcomb Bridge Road in the upscale totaling ± 117,392 SF.
Metro Atlanta suburb of Roswell, GA.
Kohl’s and Rite Aid pay $1,050,839 in annual base rent. These tenants
The current CX (Mixed-Use) zoning works well for multifamily, are dark and have NNN leases until 2022. Other tenants including PetCo
hospitality, retail and other commercial uses. The existing zoning and Moe’s, pay a $214,565 in annual base rent plus their prorata share
allows up to three stories totaling ± 375,000 SF. of CAM.
There is precedent for a variance which could potentially allow for Based on the current $1,265,404 NOI, this property is being delivered to
increasing the height to 5 stories in parts and the density by more ± market at a 7.1% cap rate.
150,000 SF if approved. The demand for the existing retail will certainly
increase as rooftops are added within walking distance.
$ PRICE $17,700,000
SIZE ± 15.5 ACRES
% CAP RATE 7.1%
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 5 of 29
EXECUTIVE SUMMARY
I NVESTMEN T HIGHLIGHTS LO C ATIO N OVERVIEW
P R IM E AT L AN TA MSA LO CATIO N Located along a major commercial corridor in the incorporated portion of
Roswell, which is an affluent suburb of Atlanta
• High visibility from Holcomb Bridge Rd; 44,804 VPD
This phase of Centennial Village has over ½ a mile of frontage (2,400 feet)
• Plenty of frontage from three roads: 350’ on Holcomb Bridge, along 3 roads with 5 access points (one signalized).
950’ on Old Scott Road & 1,050’ on Scott Road
• Across the street from Centennial High School This site benefits from convenient access to Interstate 400 and has average
• Shadow anchored by Kroger daily traffic counts exceeding 50,000 vehicles per day.
FLEXI BL E ZON I N G
• Located in the incorporated portion of Roswell, this property is
already zoned CX (Mixed-Use) TR AF F I C CO UN T M AP
• CX zoning permits for mixed-use development and
accommodates for a variety of residential, retail, service and
commercial uses
ST RO N G AR EA D E MO GRA P HICS
• The population of 209,073 within 5-miles is expected to grow 7%
over the next 5-years and 12% growth within 1-mile is predicted
• The average household income within three miles is $128,091,
which is more than 2 times the national average
S ource - ES R I
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 6 of 29
P R O P E R T Y I N F O R M AT I O N
G ENE R AL
Property Address: 2340 - 2354 Holcomb Bridge Road
Roswell, GA 30076
County: Fulton
S IT E
Proposed Use: Apartment, retail and office
Zoning: CX (Mixed-use)
Three existing structures totaling
Existing Structure: 117,392 SF
Parcel IDs: 12 267007300726
12 267007300767
12 267007300759
Total Site Size: ± 15.5 Acres
Utilities Available: All available to site
Topography: Gently sloping
Frontage: 350’ on Holcomb Bridge Rd
950’ on Old Scott Rd
1,050’ on Scott Rd
Traffic Counts: 44,804 VPD on Holcomb Bridge Rd
4,132 VPD on Eves Rd
3,653 VPD on Old Scott Rd
Ingress / Egress Points: 5 (One signalized)
Currently allows for 375,000 SF
Density:
Potential for 625,000 SF with variance
FIN AN C I AL
Price: $17,700,000
Current NOI: $1,265,404
Cap Rate: 7.1%
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 7 of 29
PZ O
E RNM
I NI TGT E D U S E S
PROPOSED MIXED-USE RENDERING
C X ZO N I N G
CX zoning is intended to provide for a variety of residential, retail, service and commercial uses. While this zoning is primarily a commercial / retail
district, the inclusion of residential and employment activity is strongly encouraged in order to promote live-work and mixed-use opportunities.
The existing zoning allows up to three stories totaling 375,000 SF. There is precedent for a variance which could potentially allow for increasing the
height to 5 stories in parts and the density by more than 150,000 SF if approved.
CX implements the Highway 9 / Alpharetta Highway Corridor Commercial, GA 400 / Holcomb Bridge Road Node, Holcomb Bridge Road/SR 140 and
Historic Area Town Center / Downtown designation on the Future Development Map of the above rendering.
Stacked flats, mixed-use buildings and general buildings may exceed the district height limit by a maximum of 2 stories subject to approval through the
conditional use process.
For more information regarding this zoning, please Click Here
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 8 of 29
OVERALL CONCEPTUAL SITE PLAN
PROJECT DATA
RESIDENTIAL MULTIFAMILY- AVERAGE 950 SF/UNIT
BUILDING 1000 - 184 Units (4 Story)
BUILDING 2000 - 126 Units (4 Story w/basement)
TOTAL - 310 Units
PARKING PROVIDED
Surface Parking - 553 Spaces
Tuck Under Garages - 52 Spaces
TOTAL - 605 Spaces (1.95 Spaces/Unit)
RETAIL - A - 18,000 SF
PROJECT DATA
RETAIL - B - 18,000RESIDENTIAL
SF MULTIF
BUILDING 1000
PARKING PROVIDED
BUILDING 2000 -
Surface Parking - 220 Spaces
TOTAL - 220 Spaces (6.1TOTAL
Spaces/1,000
SF)
ZONING - CSX PARKING PROVIDED
SETBACKS
Primary Street - 10’ Surface Parking
Side Street - 10 Tuck Under Garages
Rear - 10’ TOTAL
Build to Line - 10’ Min and 20’ Max
Frontage - 70% Primary Street
RETAIL - A
- 35% Secondary Street
Height - 45’ or 3.5 Stories
- additional 2 stories - conditional
RETAIL - B
PARKING REQUIRED
1-1 Bed - 1 Spaces + 0.2
PARKING PROVIDED
2 Bed - 2 Spaces + 0.2
3 Bed Retail - 2.5 Spaces + 0.2 Surface Parking
Restaurants - 1 Space/300 SF TOTAL
- 1 Space/150 SF
ZONING - CSX
SETBACKS
OVERALL CONCEPTUAL SITE PLAN Primary Street - 10’
1
Side Street 06/24/2019
- 10
Rear - 10’
dwell
Build to Line - 10’ Mi
HOLCOMB BRIDGE ROAD www.dwelldesignstudio.com
design
Frontage
- 35% S
DENSITY STUDY Height s t u d i- o 45’ or
ROSWELL, GA - additi
PARKING REQUIRED
For additional information regarding this rendering, please contact the below: 1-1 Bed - 1 Spac
2 Bed - 2 Spac
Dwell Design Studios, LLC Venkyu Babu, AICP, IIA, LEED, AP 3 Bed Retail - 2.5 Sp
3655 Brookside Parkway, Suite 150 Principal, Planning & Design Restaurants - 1 Spac
Alpharetta, GA 30022 Office: 770 - 864 - 1035 x 165 - 1 Spac
VBabu@DwellDesignStudio.com
OVERALL CONCEPTUAL SITE PLAN
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 9 of 29
PHOTOS
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 10 of 29S U R V E Y & A E R I A L PA R C E L M A P
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 11 of 29ABOUT THE AREA
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 12 of 29M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 13 of 29
NEW & UPCOMING DEVELOPMENTS
PERIMETER CENTER SUN VALLEY DEVELOPMENT
1 As the Dunwoody/Sandy Springs areas A 164,000 SF mixed-used development 3
continue to expand, particularly at the GA- will soon be coming to the corner of
400 and I-285 connector, the cities have Alpharetta Highway and Sun Valley. The
undertaken an infrastructure development new development will feature a grocery
project to expand Vernon Road and Ashford store, office, retail, restaurant space and
Dunwoody Road. The project will focus on up to 300 apartment units. It also brings an
expanding the roads to alleviate traffic $80M investment into the city along with
congestion as well as build more walkways approximately 400 new jobs.
for pedestrians.
PARK AT PERIMETER CENTER EAST PEACHTREE CORNERS TOWN CENTER
2 Dunwoody is undertaking a large Located at the corner of Peachtree Parkway 4
redevelopment project over 19-acres that and Medlock Bridge Road, this premier
includes offices, retail and parks with an mixed-use development will include 51,000
emphasis on walkability. The project will SF of restaurants and 18,560 SF of retail. It
construct 900 condominiums and a large will also include a theater, municipal parks,
mixed-use hub. Named “Park at Perimeter an integrated pedestrian trail system and a
Center East,” the venture would also high-end, townhome community. Over 70
generate 500,000 SF of new office space,and upscale townhomes will also be constructed.
nearly 3-acres of residential space.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 14 of 29NEW & UPCOMING DEVELOPMENTS
DOWNTOWN NORCROSS THE AVALON
5 REDEVELOPMENT
Working with city staff, a total of five
In the heart of Alpharetta, this sustainably
7
designed, 86-acre development with
redevelopment projects have been identified more than 500,000 square feet of retail,
within the proposed TAD (Tax Allocation a 12-screen all premium theater, a full-
District) which are in various stages of service hotel, Class A office, single-family
planning and development. Proposed residences and luxury rental homes infuses
redevelopments include Parkside Norcross, resort-level hospitality throughout a
Lawrenceville Street & Mitchell Road hotel walkable, seamlessly connected community
site, an existing hotel, Holcomb Bridge Road of shopping, dining, entertainment, living
retail and Holcomb Bridge Road/Carlyle and working. It’s more than just another
Street mixed-use development. place to go, it’s a place to be—a hub of local
art and activity that delivers the luxury of
the modern South.
ASSEMBLY YARDS MEREDES BENZ HEADQUARTERS
6 Formerly a GM manufacturing plants, Mercedes-Benz has officially opened their 8
Assembly Yards is a revitalization project new USA headquarters in Sandy Springs,
in Doraville that will host a mixed-use following two years of construction. The
community including a film studio, dining, Gensler-designed facility, located along
retail, office space and public outdoor space. Abernathy Road near GA Highway 400, is
The community will connect to the Atlanta a rather minimalist glassy box, with open
Beltline for Atlanta’s expanding trail system. office zones arranged on either side of a
With anticipation of being Serta’s new three-story atrium. The $90 million facility
headquarter location, development is well encompasses nearly 200,000 SF and will
underway. ultimately house 1,000 employees.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 15 of 29L O C AT I O N M A P & D E M O G R A P H I C S
HIGHLIGHTS
> Less than 2 miles from GA-400
>44,804 VPD on Holcomb Bridge Rd
>Household income within a 3-mile
radius is $128,091; more than
double the national average of
$60,336
>Population within a 5-mile radius is
209,073
DEMOGRAPHICS
1 mile 12,875
3 mile 78,591
POPULATION 5 mile 209,073
1 mile 5,515
3 mile 30,077
HOUSEHOLDS 5 mile 82,661
1 mile $108,123
$$
AVG. HH INCOME
3 mile
5 mile
$128,091
$123,122
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 16 of 29ABOUT THE AREA
RO SW E LL , GA
This savvy suburb, just 20 minutes north of Atlanta, Georgia, has a 640+ acre historic district, with antebellum museum house tours, is linked with the
Chattahoochee River National Recreation Area, watchable wildlife and the Chattahoochee Nature Center.
Against this vintage backdrop is a lively shopping, dining and arts scene. Canton Street, with its period storefronts, art galleries, restaurants and
sidewalk cafes, is bustling with vitality, having among its many awards the designation as a Great Places in Georgia - Great Street.
A professional theatre, an array of special events, canoeing, kayaking, hiking and biking add to the city’s cultural offerings. Roswell is a nationally
designated Bicycle Friendly Community. There is so much to do you may certainly want to book an overnight stay. Roswell’s lodging facilities combine
friendly service with modern amenities to help you enjoy your Roswell experience.
Roswell is one of the few Atlanta submarkets that has seen significant supply additions this cycle while vacancies have generally compressed in recent
years. The average asking rents and rent growth are some of the highest in Atlanta.
Notably, the retail and housing makets in this area benefits from it’s high incomes and density. With incomes averaging more than double that of the
nation and with average incomes being well into the six figures annually, Roswell is one of Atlanta’s three wealthiest and affluent suburbs. Roswell is
also one of the fastest growing suburbs in the Atlanta MSA and is expected to see an out-sized share of both new housing and retail demand.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 17 of 29ABOUT THE AREA
NORTH FULTON , GA
TECHNOLOGY TELECOMMUNICATIONS
With the fiber backbone of the East Coast With multiple regional headquarters,
going directly through our footprint, North including AT&T and Verizon, North Fulton
Fulton Atlanta is becoming nationally Atlanta is home to more than 1.5 million SF
known as the Technology Capital of the of telecommunications office space.
Southeast. Miles of concrete-encased
fiber combined with our low risk of natural
disasters and inexpensive, reliable utilities
make us the choice for approximately 900
technology companies and more than 40
mission-critical data centers.
HEALTHCARE LOGISTICS AND BUSINESS SERVICES
North Fulton Atlanta is home to some of North Fulton Atlanta’s extensive road
the most outstanding healthcare in the network and direct access to Georgia
country, with five world-class hospitals Highway 400, Interstate 285, and
and more than 5,100 physicians. It boasts Hartsfield-Jackson Atlanta International
Atlanta’s “Most preferred hospital for Airport make the area the best choice for
overall healthcare services” at Northside business service providers. UPS, the world’s
Hospital, and its own Level II trauma center, largest shipping company, has its world
at WellStar North Fulton Hospital. headquarters in North Fulton Atlanta.
Many other large corporations choose the
area for our superior climate, rich housing
mix and business-friendly atmosphere.
FINANCIAL / INSURANCE
North Fulton Atlanta is home to more than
1.5 million SF of financial services and
insurance office space, making it a leader
in the Southeast. Top employers are State
Farm and ADP National Account Services’
Regional Headquarters.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 18 of 29w#
AT L A N TA M S A
ACCOLADES
Most Energetic Cities List Live Work Play Award
- Tahitian Noni International - 2017 GMA
#7 Best Places to Live 16 Fortune 500 Companies HQ
- Best Places to Live - 2019 TripSavvy.com
Best City for Teleworking Top 10 Safest Cities in the U.S.
- Telework Exchange - Annual City Crime Rankings
Bicycle Friendly Community #1 Mobile-Friendly U.S. City
- League of American Bicyclists - NerdWallet
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 19 of 29AT L A N TA
Atlanta is an exciting destination with world-class restaurants,
a festive nightlife, several major league sports teams and an
abundance of cultural attractions. Atlanta’s arts and culture scene
is complemented by in-town neighborhoods that give the city
even more depth. These locations are in the neighborhoods of
Midtown, Virginia-Highland, Little Five Points and Inman Park - a
short cab ride away.
Home to the busiest and most efficient airport in the world,
Hartsfield-Jackson Atlanta International Airport, and the Maynard
H. Jackson International Terminal, getting to Atlanta is easy. With a
variety of transportation options throughout the city, our guides,
maps, shuttles, tours and Atlanta Ambassadors make getting
around Atlanta easy too.
Encompassing $304 billion, the Atlanta metropolitan area is the
eighth-largest economy in the country and 17th-largest in the
world. Corporate operations comprise a large portion of the
Atlanta’s economy, with the city serving as the regional, national or
global headquarters for many corporations. Atlanta contains the
country’s third largest concentration of Fortune 500 companies,
and the city is the global headquarters of corporations such
as The Coca-Cola Company, The Home Depot, Delta Air Lines,
AT&T Mobility, UPS, and Newell-Rubbermaid. Over 75 percent
of Fortune 1000 companies conduct business operations in the
Atlanta metropolitan area, and the region hosts offices of about
1,250 multinational corporations. Many corporations are drawn to
Atlanta on account of the city’s educated workforce; as of 2010,
nearly 43% of adults in the city of Atlanta have college degrees,
compared to 27% in the nation as a whole and 41% in Boston.
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 20 of 29AT L A N TA
TOP EMPLOYERS DEMOGRAPHICS (2018 ESRI)
1 MILE 3 MILES 5 MILES
POPULATION 18,756 177,875 336,344
HOUSEHOLDS 8,005 79,805 150,152
AVG. HH INCOME $63,090 $79,628 $85,965
ANNUAL POP. GROWTH 1.99% 1.81% 1.56%
(2018-2023)
EDUCATION MAJOR ATTRACTIONS
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 21 of 29FINANCIAL OVERVIEW
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 22 of 29LAND SALE COMPS
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2342 Holcomb Bridge Road 212 S Main Street 1306 Powers Ferry Rd Peachtree Corners Circle Terrell Mill Road
Address
Roswell, GA 30076 Alpharetta, GA 30009 Marietta, GA 30067 Norcross, GA 30092 Marietta, GA 30067
Site Size 15.5 Acres 12.96 Acres 10.83 Acres 5.73 Acres 5.50 Acres
Zoning CX C2 C3 AA068 NS
Proposed Use Mixed Use Retail, apartment Retail N/A Mixed-use, apartment, retail
Price / Acre $1,164,473 $1,134,259 $1,070,406 $1,221,834 $1,462,640
Sale Date TBD 7/18/2018 12/14/2018 2/07/2018 9/14/2018
Sale Price $17,700,000 $14,700,000 $11,592,500 $6,995,000 $8,046,000
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 23 of 29MIXED-USE SALE COMPS
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2342 Holcomb Bridge Road The Avalon Shoppes at Vickery The Battery Gables Emory Point Azure in the Park
Address
Roswell, GA 30076 2800 Milton Parkway Village 900 Battery Avenue 855 Emory Point Drive 1020 Piedmont Avenue
Year Built Proposed 2021 2014 2006 2017 2013 2016
Site Size - 44.19 Acres 97.26 Acres 3.58 Acres 31.61 Acres 1.8 Acres
Total SF - 493,966 SF 113,326 SF 485,000 SF 66,136 SF 468,000 SF
Cap Rate - - 7.1% 4.5% - 4.8%
Sale Date TBD 7/26/2016 7/8/2016 10/9/2018 5/3/2017 9/7/2018
Sale Price TBD $494,950,000 $14,250,000 $156,000,000 $141,214,582 $130,000,000
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 24 of 29M U LT I FA M I LY S A L E C O M P S
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2342 Holcomb Bridge Rd 3000 Forest Walk 550 Northridge Pkwy 3465 Duluth Highway 6558 Roswell Rd 2370 Main Street 50 Venue Way
Address
Roswell, GA 30076 Roswell, GA 30075 Sandy Springs, GA 30350 Duluth, GA 30096 Sandy Springs, GA 30328 Duluth, GA 30097 Alpharetta, GA 30005
Site Size 15.5 Acres 10.68 Acres 13.01 Acres 8.03 Acres - 12 Acres 20.58 Acres
Year Built Proposed 2021 2015 2017 2017 2017 2016 2015
Units - 320 220 370 230 330 372
Price / Unit - $237,500 $222,727 $224,324 $210,000 $215,152 $205,914
Price / SF - $263.89 $163.33 $193.79 $247.06 $222.72 $160.55
Cap Rate - 5.75% - - - - 5.02%
Sale Price TBD $76,000,000 $49,000,000 $83,000,000 $48,300,000 $71,000,000 $76,600,000
Sale Date TBD 12/7/2016 9/12/2018 12/20/2018 6/23/2017 10/25/2017 11/16/2016
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 25 of 29M U LT I FA M I LY R E N T C O M P S
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2342 Holcomb Bridge Road 3000 Forest Walk 550 Northridge Parkway 6919 Peachtree Dunwoody 6558 Roswell Road
Address
Roswell, GA 30076 Roswell, GA 30075 Sandy Springs, GA 30350 Sandy Springs, GA 30328 Sandy Springs, GA 30328
Year Built Proposed 2021 2015 2017 2017 2017
Units - 320 220 236 230
Average SF - 897 1,012 957 835
Occupancy - 98.1% 94.5% 88.1% 96.5%
Avg. Rent / Unit TBD $1,693 $1,416 $1,548 $1,524
Avg. Rent / SF TBD $1.89 $1.40 $1.62 $1.82
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 26 of 29TEAM PROFILES
Atlanta native, Seth Katt, specializes in assisting clients with acquisition, disposition and leasing of commercial properties in and around Atlanta.
Seth and the team at Bull Realty have extensive experience delivering strategies designed to maximize value. Seth leverages upon Bull Realty’s
technology, digital resources and marketing tools to provide clients superior service and achieve your commercial real estate goals.
Prior to joining Bull Realty, Seth advised clients with the disposition of capital assets in the construction and mining industry. Seth attended
the University of Mississippi and earned a bachelor’s degree in Business Administration with a concentration in Managerial Finance. He is a
member of the Atlanta Commercial Board of Realtors and a Certified Commercial Investment Member candidate.
S ET H KAT T
V.P. National Retail Group
Seth@BullRealty.com
404-876-1640 x 186 Will Young delivers over 12 years of commercial real estate sales and valuation experience. While he is experienced in various types of commercial
properties, his primary brokerage focus is in retail investment acquisitions and dispositions throughout the Southeast.
The Rome, Georgia native graduated with a Bachelor of Business Administration in Real Estate from the University of Mississippi. Prior to
working in commercial real estate sales, Mr. Young gained experience in Atlanta as a commercial real estate appraiser at Grubb & Ellis Landauer
and G. Randall Hammond & Company.
Will joined Bull Realty in 2016 and began building his brokerage practice based on integrity, superior client service, and exceptional results.
Licensed as an appraiser and broker by the State of Georgia, Will has extensive knowledge of retail trends throughout the Southeast and focuses
especially on emerging markets and metro Atlanta’s multi-tenant retail real estate market. He continues enhance his value proposition for his
W ILL YO U N G clients by leveraging on the proven marketing platform and systems delivered by Bull Realty.
President, National Retail Group
WYoung@BullRealty.com Will is a top producer who closed over $27,000,000 of note sales and investment properties in 2018 alone. He is a member of the Atlanta
404-876-1640 x 141 Commercial Board of Realtors (ACBR), Young Council of Realtors (YCR), a candidate member of the Certified Commercial Investment Member
Institute (CCIM), a ACBR Million Dollar Club Member, and is a member of the International Council of Shopping Centers (ICSC).
Joe Mitchell works with Bull Realty’s National Retail Group in leasing and investments sales of shopping centers throughout the Southeast.
Mr. Mitchell joined Bull Realty as a member of the Business Development Program where he trained under CEO and Managing Broker, Mi-
chael Bull. This comprehensive program covered deal generation, negotiating tactics, closing techniques and real estate best practices.
An Atlanta native, Joe graduated from the University of Georgia and received his B.B.A in Real Estate from the Terry College of Business. As a
licensed real estate professional, Joe strives to serve his clients with the upmost integrity, respect and value.
JOE MI TC H E L L
Associate, National Retail Group
Joe.Mitchell@BullRealty.com
404-876-1640 x 185
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 27 of 29TEAM PROFILES
Will Young
Michael Bull, CCIM
President, National Retail Group
Broker
WYoung@BullRealty.com
404-876-1640 x 141
Randee Comstock
Marketing
Seth Katt
V.P. National Retail Group
Seth@BullRealty.com
404-876-1640 x 186
Scott Jackson
Analyst
Joe Mitchell
Associate, National Retail Group
Joe.Mitchell@BullRealty.com
404-876-1640 x 185
M IX ED US E RED EVELO PM ENT O P P O RTUNI TY Page 28 of 29CONFIDENTIALITY AGREEMENT
This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party II. Acting as a Principal:
(“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker Bull Realty Incorporated. 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
Now therefore in consideration of the privileges granted to Receiving Party with respect to receiving certain this transaction and is the only Broker involved in this potential transaction. Receiving Party agrees to not be involved
confidential information, and other good and valuable consideration, the Receiving Party hereby agrees to the in any arrangement to lease or purchase the property, in whole or in part, as a lender, partner, buyer of the note, buy
following: 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 3.0% commission at closing by the Seller.
I. Confidential Information:
Receiving Party will receive confidential information regarding property referred to as 2340-2354 Holcomb Bridge This agreement will expire three years from the date hereof.
Road, Roswell, GA 30076. 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, nor any terms, conditions, or other III. Governing Law
facts with respect to the property, including but not limited to tenant information, lease rates, lease expirations, income This Agreement shall be governed and construed in accordance with the laws of the State of Georgia.
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 If you are a broker, or a principal desiring to include an outside broker, contact the listing agent directly for a Buyer
other than parties to which Broker approves in writing. Receiving Party may share information with directors, officers, and Buyer’s Broker Confidentiality & Commission Agreement.
employees, agents, affiliates, counsel, lending sources, accountants or representatives of Receiving Party that Receiving
Party notifies of the requirements of this Agreement. Receiving Party agrees to not contact the property owner, the ELECTRONICALLY SIGN
management, the tenants, the lender, the vendors, the insurers, the employees or the customers of any business at CONFIDENTIALITY AGREEMENT
the site.
Accepted and agreed to this _______ day_______________ of , 20____.
Will Young
404-876-1640 x 141
WYoung@BullRealty.com
Receiving Party
Signature _____________________________________________ Seth Katt
404-876-1640 x 186
Seth@BullRealty.com
Printed Name _____________________________________________
Joe Mitchell
Title _____________________________________________
404-876-1640 x 185
Joe.Mitchell@BullRealty.com
Company Name _____________________________________________
Address _____________________________________________ Bull Realty, Inc.
50 Glenlake Parkway, Suite 600
Atlanta, GA 30328
Email _____________________________________________
Fax: 404-876-7073
Phone _____________________________________________
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