Office/Warehouse FOR SALE FOR SALE Lake Pointe Center/ Cumming, GA sf sf

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1 FOR SALE /Warehouse FOR SALE 2500 sf Owner/User or Investor 2500 sf Leased,

2 /Warehouse DESCRIPTION 5325 Lake Pointe Center Drive is a 5,000 sf freestanding office/warehouse four-sided brick building located in North Forsyth just two (2) miles East of GA Hwy 400. The building is strategically located off Lake Pointe Drive in a private, center, cul-de-sac with easy access. The Property has seven parking spaces with one handicapped parking space directly in front of the building with additional side and rear parking. The property is fenced from the right side to back rear doors with additional parking and delivery access. The interior is made of two suites each 2500 sf. Suite 100 is professionally decorated with beautiful, custom, finishes throughout. Space includes large reception area, five offices including one very large front office, large workroom office, three additional offices, large, open, break and kitchen area, two (2) bathrooms, stained concrete flooring, some warehouse space with roll-up door access. Tenant occupies Suite 200, a 2500 sf space, with warehouse and roll-up door access. DEMOGRAPHICS Demographics 1-mile 3-mile 5-mile 2013 Total Population ,487 39, Total Daytime Population n/a 14,677 30, Average HH Income $67,976 $78,607 $81,384 FINANCIAL (Buyer to obtain new loan.) Price: $ 495,000 Gross Operating Income: Upon Request NOI (before debt service): $ Cap Rate: % (includes.15/sf maintenance),

3 /Warehouse ADDITIONAL INFORMATION Priced at $ 495,000 Building Square Foot: 5,000 Price/sf: $ 99 Year Built: 2004 Lot Acres: +/- 1.2 Parking: 8 + Current Occupancy: 100% (50% new owner) Tax Plat: FLOORPLAN Rear Finished Work Room Warehouse Open Warehouse Space Suite 200 Bathroom Kitchen Break Area Leased Front Reception Area Floor plan is estimated.,

4 /Warehouse Gallery,

5 Population Executive Summary 5325 Lake Pointe Center Dr, Cumming, GA, Prepared by Kim Trotter Rings: 1, 3, 5 mile radii Latitude: Longitude: mile 3 miles 5 miles 2000 Population 745 9,876 22, Population ,599 36, Population ,487 39, Population 1,111 18,405 45, Annual Rate 2.27% 4.68% 5.11% Annual Rate 1.81% 1.72% 2.20% Annual Rate 2.38% 2.23% 2.56% 2013 Male Population 50.7% 50.5% 50.0% 2013 Female Population 49.3% 49.5% 50.0% 2013 Median Age In the identified area, the current year population is 39,651. In 2010, the Census count in the area was 36,949. The rate of change since 2010 was 2.20% annually. The five-year projection for the population in the area is 45,001 representing a change of 2.56% annually from 2013 to Currently, the population is 50.0% male and 50.0% female. Median Age The median age in this area is 38.2, compared to U.S. median age of Race and Ethnicity 2013 White Alone 91.0% 88.5% 88.5% 2013 Black Alone 1.3% 3.4% 2.9% 2013 American Indian/Alaska Native Alone 0.8% 0.5% 0.4% 2013 Asian Alone 0.5% 1.5% 1.4% 2013 Pacific Islander Alone 0.0% 0.0% 0.1% 2013 Other Race 4.8% 4.3% 5.0% 2013 Two or More Races 1.6% 1.7% 1.7% 2013 Hispanic Origin (Any Race) 12.1% 11.7% 11.8% Persons of Hispanic origin represent 11.8% of the population in the identified area compared to 17.4% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 37.9 in the identified area, compared to 62.1 for the U.S. as a whole. Households 2000 Households 269 3,712 8, Households 335 5,651 13, Total Households 353 5,939 14, Total Households 395 6,592 16, Annual Rate 2.23% 4.29% 4.57% Annual Rate 1.65% 1.54% 2.01% Annual Rate 2.26% 2.11% 2.46% 2013 Average Household Size The household count in this area has changed from 13,302 in 2010 to 14,193 in the current year, a change of 2.01% annually. The five-year projection of households is 16,024, a change of 2.46% annually from the current year total. Average household size is currently 2.79, compared to 2.78 in the year The number of families in the current year is 10,637 in the specified area. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and Esri converted Census 2000 data into 2010 geography. December 04, Esri Page 1 of 2

6 Median Household Income Executive Summary 5325 Lake Pointe Center Dr, Cumming, GA, Prepared by Kim Trotter Rings: 1, 3, 5 mile radii Latitude: Longitude: mile 3 miles 5 miles 2013 Median Household Income $53,015 $60,330 $63, Median Household Income $63,819 $76,252 $79, Annual Rate 3.78% 4.80% 4.61% Average Household Income 2013 Average Household Income $67,976 $78,607 $81, Average Household Income $80,091 $91,160 $93, Annual Rate 3.33% 3.01% 2.91% Per Capita Income 2013 Per Capita Income $25,128 $28,254 $29, Per Capita Income $29,496 $32,587 $33, Annual Rate 3.26% 2.89% 2.80% Households by Income Current median household income is $63,142 in the area, compared to $51,314 for all U.S. households. Median household income is projected to be $79,109 in five years, compared to $59,580 for all U.S. households Current average household income is $81,384 in this area, compared to $71,842 for all U.S households. Average household income is projected to be $93,914 in five years, compared to $83,667 for all U.S. households Current per capita income is $29,088 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected to be $33,389 in five years, compared to $32,073 for all U.S. households Housing 2000 Total Housing Units 288 4,102 9, Owner Occupied Housing Units 223 3,152 7, Owner Occupied Housing Units , Vacant Housing Units Total Housing Units 368 6,350 14, Owner Occupied Housing Units 246 4,403 10, Renter Occupied Housing Units 89 1,248 2, Vacant Housing Units , Total Housing Units 380 6,621 15, Owner Occupied Housing Units 247 4,447 11, Renter Occupied Housing Units 106 1,493 3, Vacant Housing Units , Total Housing Units 420 7,331 17, Owner Occupied Housing Units 285 5,028 12, Renter Occupied Housing Units 110 1,564 3, Vacant Housing Units ,425 Currently, 70.6% of the 15,680 housing units in the area are owner occupied; 19.9%, renter occupied; and 9.5% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 14,870 housing units in the area % owner occupied, 17.1% renter occupied, and 10.5% vacant. The annual rate of change in housing units since 2010 is 2.39%. Median home value in the area is $206,770, compared to a median home value of $177,257 for the U.S. In five years, median value is projected to change by 2.36% annually to $232,312. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and Esri converted Census 2000 data into 2010 geography. December 04, Esri Page 2 of 2