Summit at Towne Lake 1.05± AC Outparcel. Eagle Drive & Putnam Ford Drive, Woodstock, GA PREPARED BY:
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1 Etowah High School Chapman Intermediate School EAGLE D RIVE PU TNA MF OR DD R SITE Summit at Towne Lake 1.05± AC Outparcel Eagle Drive & Putnam Ford Drive, Woodstock, GA PREPARED BY: COLEMAN MORRIS Vice President tel: coleman.morris@colliers.com
2 Table of Contents Property Overview Summary of Property 3 Demographics Summary 4 Property Maps Street Map 5 Aerial View 6 Area Information Metro Atlanta Overview 7 Contact Information The Leasing Team 10 P. 2
3 Summary of Property ABOUT THE SUMMIT AT TOWNE LAKE - OUTPARCEL This 1.05± AC outparcel can accommodate up to a 4,200± SF building with drive-thru or a 6,000± SF multi-tenant building with parking in excess of 5/1000. This parcel is situated at a highly visible, signalized intersection with easy access and adjacent to LA Fitness. AVAILABLE SPACE: Outparcel: 1.05± AC corner parcel Parcel can accommodate up to 4,200± SF building with drive-thru or a 6,000± SF multi-tenant building with parking in excess of 5/1000. RATE/RSF/YEAR: Negotiable PARKING, ACCESS & LOCATION STREET FRONTAGE: Eagle Drive & Putnam Ford Drive ACCESS DETAILS: One full access curb cut on Putnam Ford Dr TRAFFIC COUNTS: 36,770 on Towne Lake Parkway east of Eagle Drive 24,220 VPD on Bells Ferry Road south of Eagle Drive 89,930 VPD on I-575 south of Towne Lake Parkway HIGHLIGHTS > Adjacent to LA Fitnessanchored center > Excellent visibility > Located at a signalized intersection > Close proximity to Walmart Supercenter and Kroger > Zoned as General Commercial (GC) RATE/RSF/YEAR: Negotiable ANCHOR TENANT(S): LA Fitness AREA HIGHLIGHT: The property is well positioned in an area of strong residential population which has seen growth of over 32% within the last ten years. P. 3 P. 3
4 Demographics Overview 1-MILE 3-MILE 5-MILE POPULATION 2014 Estimated Population 8,635 56, , Projected Population 9,186 60, ,897 Projected Annual Growth 2014 to % 6.6% 7.3% Median Age HOUSEHOLDS 2014 Est. Households 2,722 19,817 48, Proj. Households 2,891 21,321 52,392 Projected Annual Growth 2014 to % 7.6% 8.4% HOUSEHOLD INCOME 2014 Est. Average Household Income $107,781 $93,512 $89, Est. Median HH Income $88,667 $74,696 $72, Est. Per Capita Income $33,978 $32,714 $31,969 HOUSING UNITS Total Housing Units 2,740 20,682 50,216 Owner Occupied Housing Units 84.0% 68.6% 71.0% Renter Occupied Housing Units 15.3% 27.2% 25.2% Vacant Housing Units 0.7% 4.2% 3.8% BUSINESSES 2014 Est. Total Number of Employees 2,992 15,654 33, Est. Number of Businesses 447 2,234 4,872 P. 4
5 1.05 AC OUTPARCEL EAGLE DRIVE & PUTNAM FORD DRIVE, WOODSTOCK, GA Street Map SUMMIT AT TOWNE LAKE - OUTPARCEL P. 5
6 1.05 AC OUTPARCEL EAGLE DRIVE & PUTNAM FORD DRIVE, WOODSTOCK, GA Aerial Map TOWNE LAKE PKWY Towne Lake Hills Golf Club Etowah High School EAGLE DRIVE BELLS FERRY RD TIRE 1.05 AC OUTPARCEL Cherokee 16 Cinemas Woodstock High School P. 6
7 Area Information LOCATION DRIVERS Global Air Service Deep Talent Base Sustained Population Growth Epicenter of the Southeast Economy Central Location Mild Weather STRENGTHS Diverse Economy Strong In-Migration and Population Growth Transportation, Distribution and Cultural Center Higher Education Center Healthcare Center STRENGTHS Rapid In-Migration Recent Corporate Headquarter Relocations METRO ATLANTA IS THE ECONOMIC ENGINE FOR THE SOUTHEAST. The Southeast is the leading market for population and economic growth in the U.S. and represents the 5th largest economy (GDP) in the world at $3.4 trillion. Metro Atlanta s $295 billion GDP is forecasted to grow to $474 billion by POPULATION AND INCOME BENCHMARKS > > Atlanta is Georgia s capital and most populous city, as well as the economic and cultural hub of the South. > > The MSA ranks 6th economically in the nation with a GDP of $270 billion and 15th among world cities. > > Atlanta is the Capital of the South encompassing 28 counties, 140 municipalities, 8,400 square miles and boasts a population approaching 6 million, the 8th largest MSA in the United States. > > Atlanta has grown from a regional powerhouse to become one of the world s top cities for business. Key factors contributing to Atlanta s success is its superior transportation infrastructure that includes the busiest airport in the world, the largest highway system in the South, and extensive freight and passenger rail lines. Most Populated Metro Areas in 2020 (Projection) (in millions) 1 New York Los Angeles Chicago Dallas Houston ATLANTA Washington DC Philadelphia Phoenix Miami 6.0 Source: U.S. Census Bureau, ProximityOne P. 7
8 Area Information ATLANTA S LOW COST STRUCTURE APPEALS TO BUSINESS > > December FDI Magazine ranked Metro Atlanta in top 20 in the world for Global Cities of the Future > > September Area Development Magazine ranked Georgia as the No. 1 place in the nation in which to do business. > > June CNBC ranked Georgia as the No. 1 state for business. > > Atlanta is one of the nation s leading business centers with more than 1,000 companies choosing to either locate, relocate or expand into the city over the past decade. A few of the more notable recent announcements or moves to Atlanta include: State Farm, Asbury Automotive Group, NCR, Novelis, First Data, Pulte Homes, Athena Health, and Sony Ericsson. Atlanta s strong economy is partly due to the MSA s lower cost structure. As a result, the MSA has been attracting many new high-tech firms from emerging industries in fields such as biomedical, digital imaging, film, interactive media and renewable energies. > > Globally recognized research centers are headquartered in metro Atlanta, including the U.S. Centers for Disease Control and Prevention and the Yerkes Primate Center. Atlanta is also home to the American Cancer Society, CARE and the Arthritis Foundation, Emory University, Georgia Institute of Technology, and Morehouse School of Medicine. Given the strong presence of such institutions in the MSA, it is no surprise that education and health services continue to be a key driver in Atlanta s employment growth. > > A business-friendly environment, for more than 25 years Georgia s corporate tax rate has remained at 6% or below which is why KMPG has ranked Atlanta as the least expensive major American city in which to operate a business. ECONOMIC AND BUSINESS DRIVERS Global air service - World s Busiest Airport Deep talent base Sustained population growth Epicenter of the Southeast economy Central location Mild weather Attractive cost of living & cost of doing business Diverse economy Transportation & distribution center Superior healthcare Top Fortune 500 business city Historically a top leader in job creation Strong research centers at university level Ranks 6th economically in the nation TRANSPORTATION IN ATLANTA > > Atlanta s central geographic location, interstate network system, quality of secondary roads, extensive bus and rapid transit system, airports and rail systems are unmatched in the Southern region. > > Hartsfield-Jackson International Airport continues to be the world s busiest airport, serving over 95 million passengers a year. By 2015, the growth and economic impact of Hartsfield-Jackson is projected to reach over $32 billion annually. Hartsfield- Jackson s cargo operations create an estimated 255,000 jobs annually. > > Atlanta s three major interstate systems allow cargo delivery trucks to reach more than 80% of the nation s industrial and consumer markets within two delivery days. In addition to road cargo, the city serves as the rail center of the South and is one of the five most important distribution centers in the U.S. CSX Transportation and Norfolk Southern each operate more than 100 freight trains in and out of Atlanta daily. P. 8
9 Metro Atlanta Fortune 500 & 1000 Headquarters MORE FORTUNE COMPANIES CHOOSE AN ATLANTA HEADQUARTERS > > Atlanta ranks third among cities in the nation with the most Fortune 500 headquarters, behind only New York and Houston, with a 2014 total of 16 Fortune 500 Companies and 26 Fortune 1,000 Companies. > > More than 70% of the Fortune 1,000 companies have established operations in Atlanta. One of the nation s oldest and most well-known companies, Coca-Cola, made its start in Atlanta in Home Depot started in Atlanta in 1978, and it is now the 25th largest company in the United States with annual revenues approximately $75 billion. The award-winning cable stations CNN, TNT, Headline News, The Weather Channel, and The Cartoon Network are also based here. CITIES WITH THE MOST FORTUNE 500 HEADQUARTERS Rank # City # of HQ 1. New York, NY Houston, TX ATLANTA, GA 11* 4. Dallas, TX 8 (tie) Minneapolis, MN 8 5. St. Louis, MO 7 (tie) San Francsico, CA 7 (tie) Cincinnati, OH 7 (tie) Chicago, IL 7 6 Englewood, CO 6 (tie) McLean, VA 6 (tie) Pittsburgh, PA 6 (tie) Milwaukee, WI 6 7. Omaha, NE 5 (tie) Richmond, VA 5 (tie) San Antonio, TX 5 (tie) Charlotte, NC 5 (tie) Deerfield, IL 5 Source: Metro Atlanta Chamber analysis of 2013 FORTUNE 500 list, FORTUNE magazine, May 20, 2013 issue date. METRO ATLANTA HEADQUARTERED FORTUNE 500 FIRMS City Revenue (in millions) Rank 1. The Home Depot $74, UPS $54, The Coca-Cola Company $48, Delta Airlines $36, Southern Company $16, Genuine Parts $13, Suntrust Banks $11, First Data $10, AGCO $9, Rock-Tenn $9, HD Supply $7, Coca-Cola Enterprises $7, Newell Rubbermaid $5, NCR $5, Source: Metro Atlanta Chamber analysis of 2013 FORTUNE 500 list, FORTUNE magazine, May 20, 2013 issue date. P. 9
10 The Leasing Team COLEMAN MORRIS Vice President dir: fax: Colliers Retail Services Group Colliers International Retail Services Group is organized with our customers ever-changing needs in mind, allowing us to deliver the complete range of services needed to make sound real estate decisions. Over 350 retail specialists work in teams across regional markets, sharing markets data, transaction information and emerging trends, allowing us to provide best-in-class solutions. This collaborative approach, combined with superior local market knowledge, national reach and a global platform, makes Colliers a leader in real estate services for reail clients. Staying true to our mission of providing the most professional third-party services to landlords and tenants, Colliers International s Retail Services Group remains focused on delivering solutions that best serve our clients. COLLIERS CAPABILITIES Colliers provides a full range of services to real estate users, owners and investors worldwide, including corporate solutions, brokerage sales and leasing, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. P. 10
11 Colliers International 1230 Peachtree Street NE Suite 800 Atlanta, GA, This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved.
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