office with retail exposure for lease

OFFICE WITH RETAIL
EXPOSURE FOR LEASE
Stand Alone Building
on Piedmont Avenue between
Midtown and Buckhead
+/- 7,300 sq ft
Impressive Office
with Retail Exposure
For more information, please contact:
Michael Bull, CCIM
CEO
(404) 876-1640 x 101
[email protected]
Table of Contents
Executive Summary
3
Property Information
4
Photos
5
Floor Plans
8
Survey
11
Location Aerial and Map
12
Demographics
13
About the Area
14
Broker Profile
17
Bull Realty, Inc.
50 Glenlake Parkway, Suite 600
Atlanta, GA 30328
www.BullRealty.com
P. 2 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Executive Summary
Midtown to Buckhead Stand Alone Office
with Retail Exposure
From the impressive lobby with hardwood floors and lobby display, to the large glass view of an executive conference
room, this building is a great place to operate a business.
The impressive facility is well located directly on Piedmont Avenue between Midtown and Buckhead with quick access
to I-85, I-75 and GA-400. The location offers retail exposure to more than 32,340 cars per day with building and marquee lit message signage. This upscale Morningside area between Ansley Park and the Virginia-Highland area has an
average household income within one mile of $109,365.
Building Highlights:
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Advertise your company with free standing building with retail exposure
Well located on Piedmont Avenue on main corridor between Midtown and Buckhead
Check out the bat cave parking garage
Over 32,340 cars per day see your company name and message board lit signage
Convenient location; quick access to GA-400, I-75 and I-85
Move-in turn-key condition
Possibly available fully furnished including conference room, reception and desks
P. 3 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Property Information
Address
1801 Piedmont Avenue
Atlanta, GA 30324
County
Fulton
Location
Morningside between the Midtown & Buckhead areas
of Atlanta, Georgia
Nearest Cross Street
Property Size
Rock Springs Road, NE
+/- 7,300 sq ft
Current/ Most Recent Use
Office with Retail Exposure
Number of Stories
Two, plus Garage/Basement
Parking
15 spaces with building (6 garage, 6 back lot and 3 front)
Excess parking next door may be leased (approximately 12 more)
2013 Taxes
$14,353 ($1,196/month)
Year Built
1965; Renovated 2006 and 2014
Zoning
C-2, Commercial Service District
Lease Rate
$14.00/sq ft | NNN
P. 4 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Photos
Front of Building
Message Signage; Parking Garage Entrance
Reception and Waiting Area
Board Room with projector and
drop-down ceiling projection screen
1801 Piedmont Avenue offers retail type exposure with signage on one of Atlanta’s most well known corridors from downtown to Buckhead. Piedmont Avenue produces 32,340 cars per day. The average income
within one mile is $109,365. There is pole elevated street signage and sign space on the side of the building.
P. 5 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Photos
Lobby
Conference Room
Break Room
Office
The building is wired for security, T-1 and Cat 5. Every office is wired for three phone lines and three
computers. Break room appliances include stainless steel refrigerator and microwave.
P. 6 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Photos
Parking Garage
Back Parking Lot
Recently renovated garage and parking area.
P. 7 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Floor Plan - First Level
Lobby
Conference
Room
P. 8 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Floor Plan - Second Level
P. 9 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Floor Plan - Garage
P. 10 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Survey
P. 11 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Location Aerial and Map
P. 12 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Demographics
2013 Demographics (STDB)
1 mile
Population 10,602
Households 5,652
Average Household Income $109,365
3 mile
Population 152,996
Households 76,888
Average Household Income $89,149
5 mile
Population 351,445
Households 164,746
Average Household Income $85,040
P. 13 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
About The Area
Buckhead
Buckhead
Buckhead is at the center of Atlanta's most thriving district for business, shopping, fine dining, and nightlife. You could
have a second career of discovering all the area has to offer.
It has been called "The Beverly Hills of the East." Buckhead is, indeed, an exceptional place. It is a community that
shines with vitality and vision. Buckhead is one of the country's largest urban mixed-use development areas, combining
major offices, retail outlets, hotels, restaurants, entertainment spots and high-rise residential units within its commercial core. And closely surrounding its bustling business center, beneath a community-wide tree canopy, are serene and
stable neighborhoods. Everything is here, and everyone is welcome. It's a great place to visit, to play, to work, to live.
It's such a major part of Atlanta that if you don't know Buckhead, you don't know Atlanta!
The facts speak for themselves: Atlanta's largest percentages of population and employment growth have occurred
here year after year. Buckhead had about a ten percent increase in its commercial space in recent years, when much of
the country was talking recession. We now have access to the Interstate Highway system (and the rest of the world)
through the extension of Georgia Highway 400. Buckhead is also a haven for entrepreneurs. Inc. Magazine identified
Buckhead as the community with "the greatest concentration of small companies anywhere in the U.S." and Pricewaterhouse Coopers, describes Buckhead as one of the "nation's best sub cities". Come on in, the opportunity is fine.
P. 14 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
About The Area
Midtown
Midtown
Midtown Atlanta is the second largest business district in the city of Atlanta, situated between the commercial and
financial districts of Downtown to the south and Buckhead to the north. Midtown has a resident population of 30,000,
a workplace population of 68,000, a student population of 20,000. The district attracts about six million visitors
annually.
Midtown is marked by its cultural attractions, institutions of higher education, noteworthy architecture, and urban
layout. The district is the center of the city's arts scene that includes the Fox Theatre, Woodruff Arts Center, the High
Museum of Art, the Museum of Design Atlanta, the Atlanta Symphony Orchestra, the Center for Puppetry Arts, and the
14th Street Playhouse. Midtown is also home to three well known institutions of higher education: Georgia Institute of
Technology, John Marshall Law School, and the Atlanta division of the Savannah College of Art and Design (SCAD).
Midtown contains about one-third of the city's high-rises and some of Atlanta's most iconic buildings, such as the Bank
of America Plaza, AT&T Midtown Center, Atlantic Center, and 1180 Peachtree. Midtown has also been a primary area
for high-density development in the city due to the district's mass transit options and urban street grid.
The Midtown Alliance, a group of volunteers, employees, and business and community members, was formed in 1978
in order to work towards improving the overall quality of life in Midtown and transform it into an ideal place for people
to actively live, work, and play. Activities of the Alliance include improving the neighborhood safety, developing area
arts and education programs, and building community leaders. The master plan from the Alliance, called Blueprint
Midtown, is credited with fueling the economic resurgence that has helped the once downtrodden Midtown area
transform over the past number of years into a popular neighborhood.
In a 2011 Creative Loafing article claimed that:
No part of the city has evolved more dramatically over the past two decades...Impersonal office buildings, imposing
parking decks and cold asphalt arteries have given way to high-rise living and an explosion of street life...Where once
there was a wasteland, now there are great restaurants, groceries, specialty shops, townhouses, lofts and ... people.
Day and night, there are many things to do in Midtown Atlanta. By day, enjoy outdoor recreation, shopping and art
galleries. By night, catch award-winning performances and top entertainers.
P. 15 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
About The Area
Atlanta
Atlanta
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.
P. 16 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Impressive Office
with Retail Exposure
Broker Profile
MICHAEL BULL
Michael Bull, CCIM is a commercial real estate writer, instructor, nationally
syndicated radio show host, real estate advisor and active commercial real estate
broker. He has closed over 3 billion dollars of sale and lease transactions over his 30
year career.
Mr. Bull’s articles have been published nationwide including in the National Real
Estate Investor, France Media Publications, Atlanta Journal Constitution, Atlanta
Business Chronicle, Multi-Housing News, Shopping Center Business and Nation's
Restaurant News.
Michael Bull, CCIM
CEO
(404) 876-1640 x 101
[email protected]
Bull Realty, Inc.
50 Glenlake Parkway
Suite 600
Atlanta, GA 30328
Michael is executive producer and host of the nationally syndicated Commercial
Real Estate Show. The popular weekly one hour show began broadcasting in 2010
and today is heard by millions across the country on eleven radio stations, the
Liberty Express Network, iTunes, the show web site and select segments and shows
are available on YouTube.
Michael also produces a video series answering a new commercial real estate
related question each business day available on the AskMB playlist on the shows
YouTube channel, on the shows web site and specialty twitter account
@AskMichaelBull.
Mr. Bull founded Bull Realty in 1998 with two primary missions, 1) to grow a
company of stellar integrity and reputation and 2) to provide the best commercial
real estate marketing in the nation. The firm is licensed in nine southeast states and
is one of the fastest growing commercial brokerage firms in the country. Michael
and his brokers provide expert advice and capital markets expertise related to
office, retail, industrial, land, apartments, single tenant net lease investment
properties, healthcare real estate, senior housing and other specialties.
Michael's involvement with professional organizations include CCIM Member,
National Association of REALTORS, the Association of Georgia Real Estate
Exchangers, the International Council of Shopping Centers, the Real Estate
Brokerage Managers Council, Atlanta Leaders Group, Real Estate Group of Atlanta,
the Georgia Bankers Association, the Atlanta Press Club, the Atlanta Chamber of
Commerce, the Georgia Real Estate Educators Association and the National
Association of Real Estate Editors.
Michael lives in the Chastain Park area of Atlanta and enjoys spending time with his
family, music, basketball and performance boating.
P. 17 of 17
Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or
limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.