High Producing Convenience Store

Confidential
Investment Offering
High Producing
Convenience Store
on Chamblee Tucker Road
+/- 2,688 sq ft | 6.3% cap rate
High Producing Convenience Store
on Chamblee Tucker Road
Table of Contents
Executive Summary
3
Property Information
4
Location Aerial and Map
5
Demographics
6
About the Area
7
Broker Profile
8
Confidentiality Agreement
9
For more information, please contact:
Darrell Chapman
V.P. - National Retail Group
(404) 876-1640 x 114
[email protected]
Bull Realty, Inc.
50 Glenlake Parkway
Suite 600
Atlanta, GA 30328
P. 2 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Executive Summary
High Producing Convenience Store
Bull Realty is pleased to offer a unique opportunity to acquire a successful, net leased convenience store, and an additional free standing florist. This well-located property is surrounded by national and regional retailers less than 1/3 mile
from Interstate 285. This approximately .5 acre lot has excellent visibility on Chamblee Tucker Road with over 21,480
vehicles per day. Conveniently located in Embry Village, a +/- 96,000 sq ft Kroger-Anchored Shopping Center.
The building has undergone a recent renovation and has been successful for many years.
Offered for SALE at $1,550,000
P. 3 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Property Information
Address
3625 Chamblee Tucker Road
Chamblee, GA 30341
County
DeKalb
Property Size
Lot Size
+/- 2,688 sq ft
.5 acre
Year Built
1973; Renovated in 2008
Cap Rate
6.3%
2012 Taxes
$2.93/sq ft
Price
$1,550,000
P. 4 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Location Aerial and Map
P. 5 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Demographics
2013 Demographics (STDB)
1 mile
Population 10,708
Households 4,276
Average Household Income $66,706
3 mile
Population 94,906
Households 33,542
Average Household Income $51,068
5 mile
Population 256,295
Households 95,343
Average Household Income $53,380
P. 6 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
About The Area
Stone Mountain
DeKalb County, Georgia
DeKalb County is Georgia’s third largest county with more than 700,000 residents calling it home. The County consists
of a portion of Atlanta, Avondale Estates, Chamblee, Clarkston, Decatur, Doraville, Dunwoody, Lithonia, Pine Lake,
Stone Mountain, Tucker and several unincorporated areas.
Four major interstates and MARTA (Metropolitan Atlanta Rapid Transit Authority) public transportation are easily
accessible. DeKalb is also the home of Georgia’s second busiest airport - DeKalb Peachtree Airport.
A Business and Education Hub
DeKalb is the headquarters of some of the county’s most prominent businesses and organizations; including the Center
for Disease Control (CDC), the only federal agency based outside of Washington, DC; the Yerkes Primate Center; American Cancer Society and Emory University’s Rollins Research Center.
Emory University, considered one of the Ivy League schools of the South, is located in DeKalb, as is Agnes Scott College,
one of the top liberal arts colleges in the country.
Natural Wonders
One of DeKalb’s most well-known attractions is Stone Mountain Park, home to the world’s largest free-standing piece
of exposed granite and the world’s largest relief sculpture. Another natural attraction is Davidson Arabia Mountain
Nature Preserve with 2,000 acres of granite outcrop, wetlands, pine and oak forests, streams, and a lake.
P. 7 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Broker Profile
DARRELL CHAPMAN
While Darrell is experienced in all types of commercial properties throughout the Southeast,
his primary focus has been investment properties and mixed use developments in the North
Atlanta market. As a long time resident of the suburbs of North Atlanta, he has extensive
knowledge of the area and the business trends in these markets. Marketing more than $300
million in commercial property since 2007, Darrell has become a recognized go-to broker in
North Georgia.
Darrell Chapman
Vice President,
Retail and Investment Services
(404) 876-1640 x 114
[email protected]
Bull Realty, Inc.
50 Glenlake Parkway
Suite 600
Atlanta, GA 30328
Darrell helped establish Bull Realty's first satellite office on GA 400 north of Atlanta. He is a
member of the Atlanta Commercial Board of Realtors, Atlanta Commercial Board of Realtors
Million Dollar Club, the National Association of REALTORS, the Dawson County Chamber of
Commerce and the Hall County Chamber of Commerce. Darrell lives in Dawsonville with his
wife of 18 years, his young daughter and a menagerie of pets. Favorite hobbies include
boating, water skiing and off-road motorcycling.
Some notable closings include a $3.75 million dollar retial / office center in Alpharetta, GA, a
9 acre site in Gwinnett County for the Georgia Regional Transportation Authority for $3.2
million, a retail park with 20 tenants next to the North Georgia Premium Outlet Mall which
sold for $4.5 million, a medical office park for $2.4 million, a $1.4 million dollar land sale to
RaceTrac Petroleum, and several retail sales including C Stores, Car Washes, and Shopping
Centers. Darrell also manages and leases select Class A shopping centers for banks and
investors. Prior to commercial real estate sales, Darrell enjoyed a successful career in the
boating industry, and worked as a manager, consultant, and trainer for many of the leading
dealerships in the Southeast. Darrell eventually operated his own successful dealership in
Forsyth County and honed his reputation for honesty and integrity selling boats to
customers all over the world.
Darrell attended the University of Tennessee studying electrical engineering.
Bull Realty is a U.S. commercial real estate sales and advisory firm headquartered in
Atlanta, Georgia. The firm was founded in 1998 with two primary missions that drive the
firm’s decisions every day: to grow a company known for stellar integrity and reputation,
and provide the best commercial real estate marketing in the nation.
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Commercial real estate services include acquisition, disposition, leasing, tenant
representation and advisory.
Areas of expertise include office, retail, industrial, multifamily, land, healthcare, single
tenant net lease, senior housing, special assets and daycare properties.
Disposition services can include exposure on up to 375 websites, 17 marketing systems
and 4 to 7 e-marketing systems.
Additional disposition and lease marketing services include video
marketing, social media, auctions and national radio exposure.
The firm hosts the Commercial Real Estate Show, a talk radio show about commercial
real estate that airs on 12 radio stations throughout the nation. The show is available
on-demand on iTunes and the show website CREshow.com.
P. 8 of 9
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.
High Producing Convenience Store
on Chamblee Tucker Road
Confidentiality Agreement
This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party (“Prospect”), the
owner of the subject property (the “Seller”) and undersigned agent Bull Realty Incorporated (“Broker”).
Now therefore in consideration of the privileges granted to Prospect with respect to receiving certain confidential information, and
other good and valuable consideration, the Prospect hereby agrees to the following:
I. Confidential Information:
Prospect will receive confidential information regarding property referred to as 3625 Chamblee Tucker Road. Prospect agrees to
not disclose to any person that the Property or the note may be available for sale or lease, or that discussions or negotiations are
taking place concerning a possible purchase of the Property or the note, nor any terms, conditions, or other facts with respect to
the Property or the note, including but not limited to tenant information, lease rates, lease expirations, income 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 other than parties to which Broker approves in writing. Prospect agrees to not contact the Seller, the management, the tenants, the lender, the vendors, the insurers,
the employees or the customers of any business at the site.
II. Acting as a Principal:
Prospect hereby warrants that it is acting as a principal only, and not as a broker or agent, regarding this contemplated transaction.
Prospect acknowledges and agrees that Bull Realty, Inc., will act in an agency capacity on behalf of the Seller, and will be used as
the sole broker or agent in connection with the purchase of the property. Bull Realty, Inc. will be paid a commission by the Seller.
Prospect agrees to not be involved in any arrangement to lease or purchase the property, in whole or in part, as a lender, partner,
buyer of the note, buy in foreclosure, buy from bankruptcy court, or in any other manner acquire an investment in or control of the
property, unless Bull Realty, Inc. is included as the selling agent and is compensated as described herein. Prospect reserves the
right to involve any lender, underwriter, equity partners, attorney or other advisor in the transaction provided said party is paid by
the Prospect, and said party has agreed in writing to this confidentiality agreement.
III. Governing Law
This Agreement shall be governed and construed in accordance with the laws of the State of Georgia.
Accepted and agreed to this _______ day of ___________________, _____.
Prospect
Broker
Signature
Printed Name
Title
Phone
_____________________________
_____________________________
_____________________________
_____________________________
Darrell Chapman
(GA License 291870)
Phone
Fax
_____________________________
Fax
Company Name
_____________________________
Company Name
Address
_____________________________
_____________________________
Address
Email
_____________________________
Email
Website
(404) 876-1640 x 114
(678) 892-4980
Bull Realty, Inc.
(GA License H-20209)
50 Glenlake Pkwy
Suite 600
Atlanta, GA 30328
[email protected]
www.BullRealty.com
You may return the executed agreement by fax (678) 892-4980 or email.
P. 9 of 9
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.