prime north atlanta commercial site former chevrolet dealership in

COMMERCIAL INVESTMENT OPPORTUNITY
PRIME NORTH ATLANTA
COMMERCIAL SITE
FORMER CHEVROLET DEALERSHIP
IN SANDY SPRINGS
Former
Chevrolet Dealership
D
ELL R
ROSW
Sandy Springs, the second largest city in metro Atlanta,
is a dynamic, affluent community of 98,000 residents.
With a median home value of more than $430,000,
Sandy Springs is considered one of the most desirable
and best places to live in the metropolitan area.
Fortune 1000 company, Mirant Corporation. Other
major employers in the area include Arby’s, Children’s
Healthcare of Atlanta, InterContinental Hotels Group,
Northside Hospital, Porsche Cars of North America,
and St. Joseph’s Hospital.
Located in Northwest Metro Atlanta with easy access
to I-285 and GA 400, two of the largest traffic arteries
in the area, Sandy Springs is home to four major hospitals; more than 8,000 businesses, including two Fortune
500 companies, Newell Rubbermaid and UPS, and one
Retail thrives in Sandy Springs, with more than 15 large
shopping centers and strip malls located in the area, including the 1.55-million-square-foot Perimeter Mall, the
second largest shopping mall in the state of Georgia.
400
Prime North Atlanta Commercial Site, Former Chevrolet Dealership, is Exclusively Offered by:
Kevin Markwordt, CCIM
Managing Director
Jon Kleinberg
Managing Director
404.842.6508404.842.6506
[email protected]
[email protected]
3340 Peachtree Road, NE, Suite 1000
Atlanta, GA 30326
t: 404.842.6600 | f: 404.842.6601
www.transwestern.net/atlanta
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.
Exclusively Offered By:
RETAIL INVESTMENT OPPORTUNITY
COMMERCIAL INVESTMENT OPPORTUNITY
PRIME NORTH ATLANTA COMMERCIAL SITE —ATLANTA, GEORGIA
OFFERING SUMMARY
INVESTMENT HIGHLIGHTS
Transwestern is pleased to exclusively present the opportunity to acquire a prime North Atlanta commercial
site located in the heart of Sandy Springs, one of the
most desirable communities in North Atlanta. This
commercial site, the former location of a Chevrolet
dealership, offers the following benefits to investors:
Great North Atlanta Location
The site is located in the City of Sandy Springs. Incorporated in 2005, Sandy Springs is Georgia’s eighth-largest
city and one of the most prestigious and attractive
residential areas in metro Atlanta. The area is also a key
commercial center, with more than 18.2 million square
feet of office space and the largest concentration of
hospitals and healthcare providers in the state.
EXIT
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9
Strategic Commercial Site
Superior Surrounding Demographics
The area surrounding the site boasts some of the strongest demographics in the metro area. Within five miles,
there are more than 200,000 residents with an average
household income of $103,000. Median home values
are above $360,000. The area is predominantly home
to single-family neighborhoods, including some of the
most exclusive subdivisions in Atlanta. Residents are
very highly educated, with 85% having attended college
or earned post-graduate degrees.
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North springs
Center
Former Chevrolet
dealership
EXIT
5C
11.38 acres
Shape
Generally rectangular
Topography
Gently rolling
Gross Leasable Area
16,509 SF
Buildings
1
Stories
1
Year Built
1999
Frontage
1,412 feet on Roswell Road
Parking
• 836 surface parking spaces
• Ratio of 50.64 spaces per 1,000 square feet
Traffic Counts
31,530 cars per day on Roswell Road,
south of site
Jurisdiction
City of Sandy Springs, Fulton County
Zoning
C-2, Commercial Business
1-Mile
3-Mile
5-Mile
2000 Census
12,586
70,785
180,413
2008 Estimate
14,455
80,813
201,947
2013 Projection
16,189
89,674 221,820
Growth, 2008-2013
12.0%
11.0%
9.8%
32
35
36
High School Graduate
11%
10%
10%
Some College
17%
15%
15%
College or Graduate Degree
70%
72%
72%
2000 Census
5,932
32,236
76,797
2008 Estimate
6,701
37,181
86,403
2013 Projection
7,476
41,480
95,207
Growth, 2008-2013
11.6%
11.6%
10.2%
POPULATION
sandy springs
dunwoody
MEDIAN AGE
2000 Census
EDUCATION
For many years, this site was home to a successful
Chevrolet dealership. A landmark on Roswell Road,
the showroom site could provide the opportunity for
another auto dealer to expand or upgrade their image
by relocating to Sandy Springs.
Zoned C-2 by the City of Sandy Springs, the site allows
for general commercial use and totals 11.38 acres.
Site Size
Demographics
Ready To Go As A Dealership
Redevelopment Potential
7200 Roswell Road
Atlanta, Georgia 30328
ros
This former showroom site, located at 7200 Roswell
Road, offers unbeatable visibility and 1,000+ feet of
frontage on Roswell Road, the north-south traffic artery
that connects Sandy Springs with Buckhead to the south
and Roswell to the north. The site is surrounded by
retail, commercial, and residential developments, with
traffic counts in excess of 36,000 cars per day. Access
in and out of the site is quick and easy.
400
Address
Perimeter
Mall
285
Northside
Hospital
st. Josephs
Hospital
HOUSEHOLDS
AVERAGE HOUSEHOLD INCOME
2008 Estimate
$105,957 $122,417 $138,834