2920 N Druid Hills Rd Ne, Atlanta, Ga 30329 (Toco Hills) Contact a Team Member for More Information Collaborative Real Estate Services

Home , Buckhead, Buford Highway, East Atlanta, Little Five Points, Midtown Atlanta

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Toco Hills OFFERING MEMORANDUM 3,652 SF | Retail Property 2920 N Druid Hills Rd NE, Atlanta, GA 30329 FORMER BANK BRANCH 2920 N Druid Hills Rd NE, Atlanta, GA 30329 Centrally Located and Near Major Economic Drivers

OFFERING SUMMARY

Sales Price: $1,950,000

Building Size: 3,652 SF

Year Built: 2007

Lot Size: 0.91 Acres

Parking Spaces: 18 37,800 VPD 379,001 RESIDENTS Travel daily along The area has 379,001 residents N Druid Hills Rd NE within 5 miles of the property Zoning: C-1, Commercial

Ownership: Fee Simple 5 MINUTE DRIVE TIME DEMOGRAPHICS

Estimated Population (2020) 3,268 Projected Population (2025) 3,465 Tenancy: Single

Estimated Households (2020) 1,713 Projected Households (2025) 1,807

Parcel Number: 18 111 04 002 Estimated Avg HH Income (2020) $106,001 Estimated Med HH Income (2020) $65,774

2 MARKET & PROPERTY DESCRIPTION FORMER BANK BRANCH (NORTH DRUID HILLS) // ATLANTA, GA

IMMEDIATE LOCATION OVERVIEW SITE DETAILS: The subject property consists of a one-story, 3,652 square foot former bank branch building on 0.91 acres of land. Built in 2007, the property sits slightly above grade and is located off of N Druid Hills Road NE (37,800 VPD), a major east-west thoroughfare that connects the City of Decatur to various parts of Buckhead, Brookhaven and Midtown Atlanta. The site includes a two (2)-lane drive-thru plus one (1) ATM lane, an 812 square foot canopy, and 18 dedicated parking spaces. The property has one main entrance from N Druid Hills Rd NE that is accessible from all directions including the very popular Toco Hills Promenade/Toco Hills Shopping Center (estimated number of customers to the shopping district since January 1st, 2020 is at 1.44 million people), and the property also shares an access easement with neighboring Midtown Tire. The site is currently zoned C-1 for Commercial and can be used for a multitude of retail uses. The site is under DeKalb County's jurisdiction.

MARKET LOCATION DETAILS: The subject property is located in North Druid Hills (also known as "Briarcliff"), an unincorporated community and census- designated place (North Druid Hills CDP) in DeKalb County, GA. The area has considerable access to and from many roadway systems including Interstates 85 and 285, as well as Lavista Rd NE, Briarcliff Rd NE, Clairmont Rd, and North Decatur Rd - all major thoroughfares that lead to Midtown Atlanta, Buckhead and many popular destinations in east Atlanta and Decatur. The site is immediately surrounded by dense big-box retailers, daily needs shopping centers, and an abundance of restaurants, regional malls, renowned universities, and world-class medical institutions. North Druid Hills contains many afﬂuent neighborhoods with the most famous being Toco Hills, an area that is home to a large Orthodox Jewish population and wooded subdivisions featuring mostly ranch homes that surround the commercial district. Major demand drivers within a three-mile radius of the subject property include: Toco Hills Shopping Center/Toco Hill Promenade, Emory Village (home to Emory University and the Centers for Disease Control and Prevention), North DeKalb Mall, the cities of Brookhaven and Chamblee, the Lindbergh area of Buckhead, and a relatively new shopping district anchored along N Decatur Rd.

MARKET CONDITIONS: The subject property is located in DeKalb County with a 2020 population of 741,222 people, making it the fourth largest county in the State of Georgia. Roughly 10% of the county is incorporated into the City of Atlanta and the largest cities within DeKalb are Dunwoody and Brookhaven. DeKalb County is Georgia's most diverse county and is home to sizable Hispanic, Caribbean, Jewish, East African, and Muslim ethnic and religious communities. DeKalb County is an economic powerhouse with notable employers including AT&T Mobility (headquartered in the Lenox Park neighborhood of Brookhaven), Emory Healthcare, Emory University, the Centers for Disease Control and Prevention, the Kroger ofﬁces in Northlake, and the DeKalb County School District. Other favorable economic and trafﬁc generators - separate from major employers - include: East Atlanta Village, Little Five Points, Edgewood Retail District, Stone Mountain Park, Buford Highway, East Lake Golf Club, Avondale Estates and many regional/suburban shopping malls and destinations.

3 RETAILER MAP FORMER BANK BRANCH (NORTH DRUID HILLS) // ATLANTA, GA

4 SITE SURVEY FORMER BANK BRANCH (NORTH DRUID HILLS) // ATLANTA, GA

5 OFFERING MEMORANDUM 2920 N DRUID HILLS RD NE, ATLANTA, GA 30329 (TOCO HILLS) CONTACT A TEAM MEMBER FOR MORE INFORMATION COLLABORATIVE REAL ESTATE SERVICES

MONETHA COBB (LEAD) Visit us at FranklinSt.com Senior Vice President 404.832.1250 x0406 [email protected]