±3.5 acres · 2019. 4. 26. · s t e l l p o w d e r s p r i n g s r o a d c a y road 278 278 278...
TRANSCRIPT
±3.5 AcresSweetwater
Brow
nsvi
lle R
oad
C.H. James Parkway
Richard D Sailors Parkway
Macedonia Road
New
Ma
clan
d R
oa
d
Ernest B
arre
tt Pa
rkw
ay
Hop
kin
s Roa
dPowder Springs Dallas Road
Austell Pow
der Springs Road
Clay Road
278
278
278
OFFERING MEMORANDUM
Capital Markets | Land Services Group
±3.5 ACRESSWEETWATER AVENUEPowder Springs, GA
AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT
CBRE, Inc. operates within a global family of companies with many subsidiaries and related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates, including CBRE Global Investors, Inc. or Trammell Crow Company, may have or represent clients who have competing interests in the same transaction. For example, Affiliates or their clients may have or express an interest in the property described in this Memorandum (the “Property”), and may be the successful bidder for the Property. Your receipt of this Memorandum constitutes your acknowledgement of that possibility and your agreement that neither CBRE, Inc. nor any Affiliate has an obligation to disclose to you such Affiliates’ interest or involvement in the sale or purchase of the Property. In all instances, however, CBRE, Inc. and its Affiliates will act in the best interest of their respective client(s), at arms’ length, not in concert, or in a manner detrimental to any third party. CBRE, Inc. and its Affiliates will conduct their respective businesses in a manner consistent with the law and all fiduciary duties owed to their respective client(s).
Your receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in
determining whether you desire to express further interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Inc.
If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, Inc.
This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum
describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.
CBRE is representing the Seller, not the Purchaser, in this transaction and will be paid by the Seller, not the Purchaser. Any cooperating Broker shall have written exclusive authorization from Purchaser and co-op commission, if any, to be paid by purchaser.
The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and neither CBRE, Inc. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
S W E E T W A T E R A V E N U E - 3 . 5 A C R E S
CONTACT US
TABLE OF CONTENTS
01 PROPERTY DESCRIPTION
02 LOCATION MAP
03 AERIALS
06 SURVEY
07 CONCEPT PLAN
08 ZONING MAP
SCOTT MCGREGORExecutive Vice President+1 404 783 [email protected]
JOHN HAYNESFirst Vice President+1 404 354 [email protected]
CBRE3280 Peachtree RoadSuite 1400Atlanta, GA 30305+1 404 504 7900www.cbre.us
Cobb Co.Douglas Co.
Cob
b C
o.
Pau
ldin
g C
o.
Cobb
Co.
Cobb
Co.
Fulto
n Co.
Fulto
n Co.
Fulton
C
o.
Dekalb
C
o.
Douglas
Paulding
Cobb
Fulton
Chattahooch
ee R
iver
DobbinsA.F.B.
Charlie BrownFulton Co.
Airport
CumberlandMall
Galleria
PerimeterMall
PhippsPlaza
LenoxSquare
West EndMall
Arbor PlaceMall
DOWNTOWNATLANTA
Airport
400
400
285
285
75
75
7585
85
20
20
Powers F erry Rd
Spring Rd
Cobb Pkwy
Atlanta Rd South Cobb Dr
East West Conn
Aus
tell
Rd.
Mars H
ill Rd
Dallas Hwy
Conc
ord
Rd
Hicks Rd Hurt Rd
Floyd Rd
Mableto
n Pkwy
Ben Hill Rd
Hiram
Lithia Springs Rd
Thornton Rd
Donald Lee Hollowell Parkway
Windy Hill Rd
Fulto
n Ind B
lvd
Jackson Pkwy
Bolto
n Rd M
oores Mill Rd
Marietta Blvd
North Ave
Peachtree St
W Wesley Rd Northside Pkw
y
W Paces Ferry R d
Mt Paran Rd
Powers Ferry Rd
New
Mackland Rd
Lost Mtn Rd Macland Rd
Pow
der
Sprin
gs
Rd
Sandtown R
d
Burnt H ickory Rd
Barr
ett
Pkw
y
Roswell StWhitlock Ave
Pat Mell Rd
Ridg
ewoo
d R
d
Akers
M
ill Rd
Cum
berla
nd P
kwy Paces Ferry Rd
New Hope Rd
Due West Rd
Anti
och
Rd
Holla
nd R
d
Dallas Rd
Kennesaw AveMarietta Pkw
y
Coope
r La
ke
Rd
Pe bbl eb
r ook Rd
B u k ner Rd
Nicka
jack Rd
N Cooper Lake
Marietta Rd
Chattah o ochee Av
Defoord Ferry Rd
Hollwood Rd
Johnson RdHuff Rd
14th St
Mon
roe
Dr
Freedom Pkwy
Martin Luther King Jr Dr
Joseph E Boone Blvd
Oak
dale
Rd
Corner Rd
Old Lost M
tn Rd
Brow nsville
RdPine Valley Rd
Brow nsville
Rd
Cedar Mtn Rd
Bright Star Rd
Rose Ave
Chapel Hill Rd
Queens
Mill
Rd
Lithia Springs-Brownsville Rd.
Hollo
wm
an R
d
Arnold Rd Morris Rd
Coun
ty L
ine
Rd
Florence Rd
Hopkins Rd
Bullard Rd
Casteel Rd
Villa Rica Rd
Hurt Rd
Brookwood D
r
Anderson Farm
Rd.
Bob Clay Rd
Austell Powder-Springs Rd.
Old Alabama Rd
S Gordon Rd
Sweetw
ater Rd
Mt Vernon Rd
Cascade Rd
Bakers Ferry Rd
Boulder Park
Hillcrest Dr
Burnt Hickory Rd
S Marietta Pk wy
Reed Rd
Kings Sp r ings Rd
Smyrna Powde r Spr
ing
s Rd
Old Conco
rd Rd
Milford Church Rd
Callaway Rd
County Farm Rd
Cunningham Rd
John W
ard Rd
Cheatham H
ill
Rd
John
War
d Rd
Powder Sprin
gs Rd
Sandtown Rd
Olive Springs Rd
Barrett Parkw
ay
Macedonia Rd
Westside Rd
Thornton Rd
South Cobb Dr
Barclay Cir
Franklin Rd
LowerRoswell Rd
Delk Rd
Paces Mill Rd
Lake
For
rest
Dr
Northside D
r
Hill
St
Capi
tal A
ve
Boul
evar
d SE
Pied
mon
t A
ve
Mor
elan
d Av
e
Stew
art A
ve
Joeseph E Lowery Blvd
Northside Dr
Cascade R
d
Peyt
on R
d
Fairburn Rd
How
ell Mill Rd
Lindbergh Dr
Lenox Rd
Piedmont Rd
Rosw
ell
Rd
Peac
htre
e D
unw
oody
Rd
Rosw
ell
Rd
Johnson Ferry Rd
Mt V
ernon H
wy
Hamond Dr
Fairburn Rd
Lee
RdM
t Ver
non
Rd
Blair Brid
ge Rd
Bla ir Bridge Rd
Thornton RdSix Flags Rd Rive
rside P
kw
y
Factory
Sh
oal
s
Dr
Georgia Ave
W La
ke Ave
285
285
285
75
75
85
20
20
20
41
41
41
5
5
5
278
278
278
6
6
70
92
92
92
92
120
120 120
154
280
360360
78
78
400
400
139
MABLETONAUSTELL
LITHIASPRINGS
POWDERSPRINGS
SMYRNA
MARIETTA
DOUGLASVILLE
ATLANTA
HIRAM
SANDYSPRINGS
MABLETONAUSTELL
LITHIASPRINGS
POWDERSPRINGS
SMYRNASMYRNASMYRNA
MARIETTA
DOUGLASVILLE
ATLANTA
HIRAM
SANDYSPRINGS
±3.5 AcresSweetwater
Cobb Co.Douglas Co.
Cob
b C
o.
Pau
ldin
g C
o.
Cobb
Co.
Cobb
Co.
Fulto
n Co.
Fulto
n Co.
Fulton
C
o.
Dekalb
C
o.
Douglas
Paulding
Cobb
Fulton
Chattahooch
ee R
iver
DobbinsA.F.B.
Charlie BrownFulton Co.
Airport
CumberlandMall
Galleria
PerimeterMall
PhippsPlaza
LenoxSquare
West EndMall
Arbor PlaceMall
DOWNTOWNATLANTA
Airport
400
400
285
285
75
75
7585
85
20
20
Powers F erry Rd
Spring Rd
Cobb Pkwy
Atlanta Rd South Cobb Dr
East West Conn
Aus
tell
Rd.
Mars H
ill Rd
Dallas Hwy
Conc
ord
Rd
Hicks Rd Hurt Rd
Floyd Rd
Mableto
n Pkwy
Ben Hill Rd
Hiram
Lithia Springs Rd
Thornton Rd
Donald Lee Hollowell Parkway
Windy Hill Rd
Fulto
n Ind B
lvd
Jackson Pkwy
Bolto
n Rd M
oores Mill Rd
Marietta Blvd
North Ave
Peachtree St
W Wesley Rd Northside Pkw
y
W Paces Ferry R d
Mt Paran Rd
Powers Ferry Rd
New
Mackland Rd
Lost Mtn Rd Macland Rd
Pow
der
Sprin
gs
Rd
Sandtown R
d
Burnt H ickory Rd
Barr
ett
Pkw
y
Roswell StWhitlock Ave
Pat Mell Rd
Ridg
ewoo
d R
d
Akers
M
ill Rd
Cum
berla
nd P
kwy Paces Ferry Rd
New Hope Rd
Due West Rd
Anti
och
Rd
Holla
nd R
d
Dallas Rd
Kennesaw AveMarietta Pkw
y
Coope
r La
ke
Rd
Pe bbl eb
r ook Rd
B u k ner Rd
Nicka
jack Rd
N Cooper Lake
Marietta Rd
Chattah o ochee Av
Defoord Ferry Rd
Hollwood Rd
Johnson RdHuff Rd
14th St
Mon
roe
Dr
Freedom Pkwy
Martin Luther King Jr Dr
Joseph E Boone Blvd
Oak
dale
Rd
Corner Rd
Old Lost M
tn Rd
Brow nsville
RdPine Valley Rd
Brow nsville
Rd
Cedar Mtn Rd
Bright Star Rd
Rose Ave
Chapel Hill Rd
Queens
Mill
Rd
Lithia Springs-Brownsville Rd.
Hollo
wm
an R
d
Arnold Rd Morris Rd
Coun
ty L
ine
Rd
Florence Rd
Hopkins Rd
Bullard Rd
Casteel Rd
Villa Rica Rd
Hurt Rd
Brookwood D
r
Anderson Farm
Rd.
Bob Clay Rd
Austell Powder-Springs Rd.Old Alabama Rd
S Gordon Rd
Sweetw
ater Rd
Mt Vernon Rd
Cascade Rd
Bakers Ferry Rd
Boulder Park
Hillcrest Dr
Burnt Hickory Rd
S Marietta Pk wy
Reed Rd
Kings Sp r ings Rd
Smyrna Powde r Spr
ing
s Rd
Old Conco
rd Rd
Milford Church Rd
Callaway Rd
County Farm Rd
Cunningham Rd
John W
ard Rd
Cheatham H
ill
Rd
John
War
d Rd
Powder Sprin
gs Rd
Sandtown Rd
Olive Springs Rd
Barrett Parkw
ay
Macedonia Rd
Westside Rd
Thornton Rd
South Cobb Dr
Barclay Cir
Franklin Rd
LowerRoswell Rd
Delk Rd
Paces Mill Rd
Lake
For
rest
Dr
Northside D
r
Hill
St
Capi
tal A
ve
Boul
evar
d SE
Pied
mon
t A
ve
Mor
elan
d Av
e
Stew
art A
ve
Joeseph E Lowery Blvd
Northside Dr
Cascade R
d
Peyt
on R
d
Fairburn Rd
How
ell Mill Rd
Lindbergh Dr
Lenox Rd
Piedmont Rd
Rosw
ell
Rd
Peac
htre
e D
unw
oody
Rd
Rosw
ell
Rd
Johnson Ferry Rd
Mt V
ernon H
wy
Hamond Dr
Fairburn Rd
Lee
RdM
t Ver
non
Rd
Blair Brid
ge Rd
Bla ir Bridge Rd
Thornton RdSix Flags Rd Rive
rside P
kw
y
Factory
Sh
oal
s
Dr
Georgia Ave
W La
ke Ave
285
285
285
75
75
85
20
20
20
41
41
41
5
5
5
278
278
278
6
6
70
92
92
92
92
120
120 120
154
280
360360
78
78
400
400
139
MABLETONAUSTELL
LITHIASPRINGS
POWDERSPRINGS
SMYRNA
MARIETTA
DOUGLASVILLE
ATLANTA
HIRAM
SANDYSPRINGS
MABLETONAUSTELL
LITHIASPRINGS
POWDERSPRINGS
SMYRNASMYRNASMYRNA
MARIETTA
DOUGLASVILLE
ATLANTA
HIRAM
SANDYSPRINGS
±3.5 AcresSweetwater
PROPERTY DESCRIPTION
CBRE is pleased to present the exclusive opportunity to acquire the ±3.5
acres zoned CRC in Powder Springs, Georgia. The property has been
rough graded and is conceptually planned for 2 - 10,000 SF retail strip
centers.
+ Property Size ±3.5 acres
+ Location C.H. James Parkway and Sweetwater Avenue Powder Springs, Georgia Cobb County
+ Topography Rough graded
+ Utilities All utilities available subject to independent verification
+ Zoning CRC - Powder Springs, Georgia
+ Frontage ±620 feet along C.H. James Parkway ±100 feet along Sweetwater Avenue
+ Price Call Broker for pricing guidance.
2
±3.5 AcresSweetwater
278
278
278
P R O P E R T Y L O C A T I O N M A P
S W E E T W A T E R A V E N U E - 3 . 5 A C R E S
3 3 P R O P E R T Y A E R I A L
±3.5 AcresSweetwater
HIRAM
DOUGLASVILLE
MABLETON
ATLANTA
SMYRNA
MARIETTA
285
285
285
75
75
75
85
75
85
85
20
20
20
278
278
5
5
29
120
120
141
400
92
92
360360
4
±3.5 AcresSweetwater
Brow
nsvi
lle R
oad
C.H. James Parkway
Richard D Sailors Parkway
Macedonia Road
New
Ma
clan
d R
oa
d
Ernest B
arre
tt Pa
rkw
ay
Hop
kin
s Roa
dPowder Springs Dallas Road
Austell Pow
der Springs Road
Clay Road
278
278
278
P R O P E R T Y A E R I A L
S W E E T W A T E R A V E N U E - 3 . 5 A C R E S
5 5 P R O P E R T Y A E R I A L
±3.5 AcresSweetwater
C.H
. Ja
mes
Pa
rkw
ay
Powder Springs Dallas Road
Sweetwater Avenue
6
Canton Office2288 Marietta HighwayCanton, Georgia 30114Phone: (770) 479-9698
Marietta Office1266 Powder Springs RdMarietta, Georgia 30064Phone: (770) 424-7168
www.gscsurvey.comLSF# 789
ENGINEERING SURVEYING PLANNING/CONSULTING CONSTRUCTION MGMT
Canton Office2288 Marietta HighwayCanton, Georgia 30114Phone: (770) 479-9698
Marietta Office1266 Powder Springs RdMarietta, Georgia 30064Phone: (770) 424-7168
www.gscsurvey.comLSF# 789
ENGINEERING SURVEYING PLANNING/CONSULTING CONSTRUCTION MGMT
P R O P E R T Y S U R V E Y
S W E E T W A T E R A V E N U E - 3 . 5 A C R E S
7 7 P R O P E R T Y C O N C E P T P L A N
8
906
734
688
945
806
645
797
736
977
723
660
980
896
881
611
807
758
978972
832
871
733
796
674
955
656
910
725
747
614
970
804
822
967
907
732
605
673
878
805
902
984
954
609607
657
745
610
950
648
684
659646
880
799800
942
833
798
905
649
724
803
608
749
879
761
899
650
675
654
802
759
897
731
901
872
651
603
944
681
975
882
679
835
956
726
655
794
676
652
976
895
874 867
730719
952
904
943953
979969
760
873
756751
821836
793
898
735
903
876
757
824
949
658
947
981
877
677
883
671
868
755
682
662
613
661
602
958
909
750
722
973
683 685
823
600
762
894
599
875
820
687
810
672
834828
601
831
983
948
870
604
829
721
678
900
819
728
957951
982
801
971
753
908
808
830
893
946
748
729
974
752
720
827
968
597
680
884
826
606
686
653
598
869
647
612
727
754
795809
746
1029
825
1020
1044
1024 1021
1046
1019
911
1045
10281015
1032
1041
985
1018
940
837
1043
792
1027 1025 10161022
866
763
1042
10231030
1047
1026
10511048
10171031
644
1049
718
1054105310521050
615
1055
689
1058
1014
10571056 10591103 1102
0
HILL RD
C H JAMES PKWY
HO
PKIN
S R
D
FINCH RD
SHIPP RD
FLOR
ENC
E RD
NEW
MA
CLA
ND
RD
OGLESBY RD
OLD
LO
ST M
TN R
D
POWDER SPRINGS RD
ANGHAM RD
HIR
AM
LIT
HIA
SPR
ING
S R
D
SAN
DER
S R
D
EWIN
G R
D
STORY RD
ATLANTA ST
MACEDONIA RD
MARIETTA ST
FLINT HILL RD
MEEK RDELLIOTT RD
FOR
EST
HIL
L R
D
SHARON DR
RIDGECREST DR
DOGWOOD DR
RAY CT
MUSTANG DR
MORRIS RD
CHERRY LN
TOMMY DR
PADDOCKS WAY
FRANK AIKEN RD
ND
PINEVIEW DR
PEARSON RD
GLENN RD
CED
AR
DR
GRADY GRIER RD
WA
LTO
N W
AY
HA
RR
IS L
N
LAN
CER
DR
KIPLIN
G D
R
PINTO DR
HUNTER RD
WESLEY WAY
VALLEY VIEW ST
BUCK RD
JEN
NIN
GS
CT
LANNY DR
SOR
RELLS B
LVD
GLE
NN
ST
DEER CHSE
LOST LA
KES W
AYNEC
TAR
DR
DEF
OO
RS
FAR
M T
RL
BRASS DR
CREEK TRCECALEY MILL LN
LOUISE ST
SPRINGDALE CIR
PINE WAY RD
DEE
RC
REE
K D
R
AMIS LN
PINE CREST RD
REN
DA
PL
BETULA DR
LIBERTY LN
HICK
ORY
LN
KATHY CIR
MIS
TY B
LEA
U D
R
CHERRY RIDGE DR
ABBOTT LN
RED OAK DR
SPRING GATE DR
LAK
EVIE
W D
RC
RA
BA
PPLE TRL
JACKSON W
AY
STIRR
UP W
AY
STARBOARD DR
UNICORN PT
ISLE
Y ST
AM
PER
RD
COMPTON CIR
PATRICIA RD
BRASWELL CIR
WALDENS FARM DRSI
NIA
RD
ST
OW
ENS
AVE
ND
MACEDONIA RD
Zoning Districts
R15
R15C
R20
R30
MDR
LRO
NRC
CRC
MXU
CBD
HI
LI
BP
Commercial Improvement Overlay
¯
Official Zoning Map
Adopted - 10-17-2011
0 610 1,220 1,830 2,440305Feet
±3.5 AcresSweetwater
P R O P E R T Y Z O N I N G M A P
SCOTT MCGREGORExecutive Vice President+1 404 783 [email protected]
JOHN HAYNESFirst Vice President+1 404 354 [email protected]
CONTACT US
CBRE3280 Peachtree RoadSuite 1400Atlanta, GA 30305+1 404 504 7900www.cbre.us