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Vickery Village Office - Cumming, Georgia
Award-Winning Stablized Office Opportunity
Exclusively Presented by:
vickery village office
investment highlights
Property Specifications
Premier suburban atlanta location
Address
5820, 5830 & 5860 Clarion Street
The subject property is located in South Forsyth County within the Georgia
400 corridor. Its location benefits from the following strengths:
City, State, Zip Code
Cumming, GA 30040
Jurisdiction
Forsyth County
Zoning
PUD (Planned Unit Development)
Property Type
Multi-Unit Condominium Development
Year Built
2006
Education:
• Adjacent to highly-rated Vickery Middle and Vickery Elementary Schools.
Stories
2
Number of Buildings
3
Infrastructure Improvements:
• Widening of GA-400 up to Exit 12, just south of the subject property
• Widening of GA 141 up to Castleberry Road, which provides access to Exit 13 on GA-400
Number of Units
10
Size
13,042 SF
Occupancy
100%
Residential:
• Plethora of high-end residential communities
• Tremendous population growth - Forsyth County is ranked 6th in the nation
• Robust new home construction - adjacent to more than 400 homes with
±180 lots remaining
SUPERIOR DEMOGRAPHICS
The area surrounding Vickery Village offers some of the strongest
demographics in the United States:
• Average household income of $137,000 within one mile
• Average home value of $398,000 within one mile
WORLD CLASS ARCHITECTURE & SITE PLAN
• Excellent curb appeal - built in 2006, Vickery Village is part of a master plan designed by Duany Plater-Zyberk & Company’s Andres Duany, the “Father
of Urbanism”
• Convenient access – three ingress/egress points, plus one future entrance, including signalized intersection with Post Road/Majors Road
• Good visibility – buildings and signage are visible from Post Road
• Available well below replacement cost of approximately $225 PSF
STABILIZED OPPORTUNITY WITH STRONG CASH FLOW
• Rising rental rates due to strong tenant demand
• Tenants pay all expenses (Triple Net)
• Above average tenant improvements
vickery village office
site aerial
A master-planned
community with more than
400 existing homes and
+/– 180 remaining lots
SUBJECT
VICKERY VILLAGE
RETAIL CENTER
post road
vickery village office
vickery village retail amenities
62,264 SF of Restaurants & Services Adjacent To Vickery Village Office
Rick Tanners, 5,403 SF, a family friendly, mid-priced restaurant that
specializes in rotisserie chicken, burgers, chicken fingers, etc. Rick
Tanner’s sales have increased dramatically year over year, and they
recently expanded their footprint. The concept also includes Cherry
Street Brewing, an award winning craft brewery.
Mary’s Bread Basket, 1,667 SF, specializing in fresh baked bread,
cakes, cookies and cupcakes. Mary’s also offers sandwiches, soups
and salads. Mary’s will open this Summer.
Sidney’s Pizza Parlor, 2,525 SF, featuring hand-tossed, brick oven
pizza, pasta, wings, sandwiches, wraps, salads and desserts.
Cinco Mexican Cantina, 6,000 SF, a traditional Mexican restaurant
offering tacos, burritos, entrees, fajitas, etc. One of four metro Atlanta
locations.
Branchwater Restaurant, 4,568 SF, serving steaks, seafood and
cocktails, open for dinner only.
Chill Hill, 1,000 SF, an ice cream and frozen yogurt shop.
In addition to the dining options, Vickery Village has several
service oriented tenants that cater to the nearby population:
Lanier Personal Training, 4,584 SF, a fitness coaching center that
offers personalized service. This tenant has expanded three times.
Royal Dance, 3,965 SF, a dance education studio that recently opened
its second location at Vickery.
vickery village retail amenities
vickery village office
south forsyth/north fulton Strengths
Vickery Village possesses many locational strengths, such
as high-income demographics, flourishing population and
excellent access to metro Atlanta. The property is adjacent
to highly-rated Vickery Creek Elementary and Vickery Creek
Middle Schools.
North Fulton and South Forsyth feature some of the strongest
average annual income and home value demographics in the
nation.
Forsyth County consistently ranks among the fastest-growing
counties in the United States and is currently 6th according
to CNNMoney. The County’s school system is Georgia’s ninth
largest and outperforms state and national averages with an
87% graduation rate compared to 69% for the state.
Key infrastructure improvements, including the widening
of Georgia 400 up to McFarland Parkway, the widening of
Peachtree Parkway to Johns Creek, and the widening of
Bethelview Road from GA 400 to Castleberry Road, have
accelerated the area’s population growth.
North Fulton is one of the most powerful economic drivers in
the state. The area’s office market, home to the second largest
concentration of executive decision makers in metro Atlanta,
totals nearly 19 million square feet of space and includes three
Fortune 500 headquarters, major regional operations for 16
other Fortune 500 firms and thousands of smaller companies.
575
75
400
316
141
75
85
400
85
285
78
ATLANTA
20
285
20
20
166
Hartsfield-Jackson
International Airport
675
85
VICKERY VILLAGE
75
Market Place Boulevard
The Collection at Forsyth
Fowler Park
Big Creek Greenway
for more information, please contact:
Todd Syprett
Kevin Markwordt
Managing Director
Vice President
404.842.6508
404.842.6618
[email protected] [email protected]
3340 Peachtree Road, NE, Suite 1000
Atlanta, GA 30326
t: 404.842.6600 | f: 404.842.6601
www.transwestern.com
We obtained the information in this offering package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale,
lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent
current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.