DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
5755 North Point Parkway, Suite 262 9380 The Landing Drive, Douglasville (Atlanta MSA), GA Alpharetta, GA 30022 770.481.1960
www.shanegroup.netINVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
New 4-Tenant Offering
*Representative Photo*
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
The Shane Investment Property Group, LLC has been engaged as the exclusive agent and representative of the Owner. No contacts shall be made by any prospective purchaser or agents to the Owner, its executives, personnel or related entities.
This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Purchase Agreement on terms acceptable to the Owner, at Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agrees to release the Owner from any liability with respect hereto.
The enclosed materials are being provided solely to facilitate the prospective purchaser’s own due diligence for which the purchaser shall be fully and solely responsible.
Neither the Shane Investment Property Group, LLC nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied upon as a promise or representation as to the future performance of the Property. This Investment Offering Brochure may include certain statements and estimates by the Shane Investment Property Group, LLC with respect to the projected future performance of the Property. These assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the Shane Investment Property Group, LLC and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Purchase Agreement between it and the Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look to the Owner or the Shane Investment Property Group, LLC, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Located just outside Atlanta, Georgia, this offering is a new-construction, four-tenant retail building net-leased to Chipotle (corporate lease), Navy Federal Credit Union (corporate lease), MyEyelab (corporate guaranty), and AT&T (franchisee with $26mm INVESTMENT SUMMARY personal guaranty). The property benefits from a prominent retail location on Chapel Hill Rd. with over 7.5 million visitors to
AERIAL MAPS nearby Arbor Place Mall and over 4.2 million visitors to the Target-anchored Douglasville Pavilion across the street. This site is extremely popular with tenants for its proximity to nearby retailers, employers, and access to Interstate I-20 (93,000 vehicles per AREA OVERVIEW day). All four tenants signed 10-Year NNN leases with 10% increases every 5-Years.
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW Chipotle: Corporate Lease / 2,500 Locations Navy Federal: $112B Assets, World’s Largest Credit Union LEASE ABSTRACTS MyEyelab: Corporate Guaranty / 160+ Locations FINANCIAL SUMMARY AT&T: 3 unit Operator / $26mm Personal Guaranty MALL TRADE AREA 10-Year NNN Leases With 10% Increases Every 5 Years LOCATION MAPS Superb Visibility from The Landing Dr. and Chapel Hill Rd. *All Brand New 10-Year Leases* DEMOGRAPHICS
BUILDING: 9,905 SF | LAND: 1.48 ACRES | YEAR BUILT: 2020
Nearby Anchors: Target (Power Center), Arbor Place Mall (Macy’s, Dillard’s, Belk, Old Navy, Regal Cinemas)
Douglasville, situated just off I-20, 20 miles west of downtown Atlanta, is a bustling suburb, expanding in both business and technology, benefitting from billions in investments from major companies such as Google, Stitch Fix, and McMaster Carr. Douglas County offers significant incentives for Green Energy and is an attractive home to leading data storage providers. With over 93,000+ residents within a 5-mile radius of the shopping center, this area is known for affordable housing and has experienced significant growth over the last ten years. Douglas Boulevard and Chapel Hill Road are the primary retail corridor not only for the immediate market, but as the premier retail center for all of West Georgia.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
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AREA OVERVIEW
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FINANCIAL SUMMARY Douglasville Pavilion — 4.2M Visitors Annually MALL TRADE AREA per placer.ai LOCATION MAPS
DEMOGRAPHICS
Arbor Place Mall—7.5M Visitors Annually per placer.ai
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS Chapel Hill Rd AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW —
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
Douglasville Pavilion — 4.2M Visitors Annually per placer.ai
Please Note: Lot lines are approximate
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Tech Giants House Global Data Centers in Douglasville. For example:
INVESTMENT SUMMARY Cyrus One (NASDAQ: CONE) - Cyrus One’s Douglasville location will service the company’s expanding AERIAL MAPS customer base of hyperscale cloud providers and Fortune 1000 enterprise customers . Upon full build-out,
AREA OVERVIEW the 44-acre campus will comprise three data centers, with 440,000 square feet of data center space and 50 megawatts of critical power and is a $206MM investment. PHOTOGRAPHS
SITE PLAN Switch (NYSE: SWCH) - The Keep Campus will have a capacity of more than 1.0 million square TENANT OVERVIEW feet of data center space and up to 110 LEASE ABSTRACTS MW of green power upon completion. Switch's FINANCIAL SUMMARY Tier 5®Platinum facilities, combined with
MALL TRADE AREA hyperscale purchasing power, makes Switch the highest-rated and most cost-effective LOCATION MAPS colocation environment in the industry and is a DEMOGRAPHICS $250MM investment.
Google (NASDAQ: GOOGL ) - Douglas County's Google Data Center provides 1,147 jobs and has a total generated income generated $8 million. Georgia's only Google Data Center represents a total investment of $1.2 billion and contributes $121 million to the Gross Domestic Product.
Publicly traded startup Stitch Fix ($2.36BN market cap) opens $56MM distribution center with 980 jobs.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS Photo of actual building as of February 9, 2020 DEMOGRAPHICS
Photo of actual building as of February 9, 2020
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
Corporate Lease 3 Store Corporate Guaranty Corporate Lease Over 2,500 Locations Operator Over 160 Locations Largest Credit Union Guarantor in the World $26MM Net Over 335 Locations Worth
To Street
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW Lease Length 10 Years Lease Length 10 Years LEASE ABSTRACTS Gross Leaseable Area 2,520 SF Gross Leaseable Area 3.485 SF Pro Rata Share of Center 35.2% FINANCIAL SUMMARY Pro Rata Share of Center 25.4% Number of Locations 2,500 + Number of Locations 335 + MALL TRADE AREA Website www.chipotle.com Website www.navyfederal.org
LOCATION MAPS Chipotle Mexican Grill (NYSE: CMG—Market Cap Navy Federal is the largest credit union in the world with DEMOGRAPHICS $24.11 BN) has executed a new 10-year lease with 10% over $112B in assets, 335 locations, and nearly 9 million increases every five years and four- 5 year options. members. Navy Federal has executed a new 10-year lease Chipotle Mexican Grill was founded by Steve Ells in with 10% increases every five years and three- 5 year 1993 and is based in Denver, Colorado. Chipotle now options. Since 1933, Navy Federal has grown from seven operates more than 2,500 locations with more than members to over eight million members. And, since that 73,000 employees. Chipotle had $176.6MM in net time, their mission has remained the same: to serve and income, $4.9BN in revenue, over $2.27BN in assets, enrich the lives of those in the military community. Navy and $1.44BN in equity in 2018. Chipotle does not Federal has been named the top “Best in Class” brand in franchise its business, considering retaining ownership customer experience, according to Forrester’s 2018 U.S. of all its locations central to its ability to operate to Customer Experience Index, and ranks #1 across 19 their exceptionally high standards. industry categories in the 2018 U.S. CX Index.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW Lease Length 10 Years Lease Length 10 Years LEASE ABSTRACTS Gross Leaseable Area 2,625 SF Gross Leaseable Area 1,275 SF Pro Rata Share of Center 26.5% Pro Rata Share of Center 12.9% FINANCIAL SUMMARY Number of Locations 160 + Number of Locations 3 MALL TRADE AREA Website www.myeyelab.com Website www.att.com
LOCATION MAPS My Eyelab has executed a new 10-year lease with AT&T Wireless is a division of AT&T which provides DEMOGRAPHICS 10% increases every five years and two 5-year wireless services to over 156MM subscribers in the U.S. options. The lease is backed by a corporate guaranty It is the second largest wireless services provider from the parent company, Now Optics (formerly behind Verizon. The number of AT&T subscribers Vision Precision Holdings), a leader in the eye health increased 14% from 137.7MM in 2015 to over 156MM industry. Now Optics is the 12th largest optical at the end of 2017. retailer based on revenue, according to Vision Monday. Its retail brands, My Eyelab and Stanton Gaston Telecommunications (AT&T Franchisee) has Optical, are among the nation’s fastest growing, full- executed a new 10-year lease with 10% increases every service retail optical centers with over 160 corporate five years and two -5 year options. Gaston is a growing and franchise locations in 25 states. Since 2012, My operator in the retail mobile phone industry with three Eyelab has experienced over 500% location growth locations across metro Atlanta. The lease is backed by a and over 300% revenue growth. personal guarantee from the owner who has a net worth of over $26 Million.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Tenant Chipotle Mexican Grill of Colorado, LLC
INVESTMENT SUMMARY Guarantor Chipotle Mexican Grill, Inc. AERIAL MAPS Square Footage 2,520 SF AREA OVERVIEW Rent Commencement June 30, 2020 or earlier of opening (estimated mid-June) PHOTOGRAPHS Termination Date 10 Years after Rent Commencement SITE PLAN Increases 10% at beginning of year 6, then 10% increases at the beginning of each option period TENANT OVERVIEW
LEASE ABSTRACTS Security Deposit None
FINANCIAL SUMMARY Rent Schedule Year Annual Base Rent Monthly Base Rent
MALL TRADE AREA 1 to 5 $123,480 $10,290 6 to 10 $135,828 $11,319 LOCATION MAPS Option 1 11 to 15 $149,411 $12,451 DEMOGRAPHICS Option 2 16 to 20 $164,352 $13,696 Option 3 16 to 20 $180,787 $15,066 Option 4 16 to 20 $198,866 $16,572
Options Four (4) five-year periods
Taxes Tenant pays estimated monthly pro rata share
Insurance Tenant pays estimated monthly pro rata share
CAM Tenant pays estimated monthly pro rata share of operating expenses, including a management fee (10% of CAM charges). Total operating costs for Year 1 shall not be in excess of $4.50/SF (does not include Taxes or Insurance). CAM increases capped at 5% of controllable expenses from previous year.
Utilities Tenant pays directly for all utility services, including trash collection.
Landlord Expenses Landlord shall be responsible for the repair and maintenance of the roof, exterior walls, structural portions, sprinkler systems and the floor slab and foundation of the building.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Tenant Navy Federal Credit Union
INVESTMENT SUMMARY Square Footage 3,485 SF AERIAL MAPS Rent Commencement June 1, 2020 is the projected opening date AREA OVERVIEW Termination Date 10 Years after Rent Commencement PHOTOGRAPHS Increases 10% at beginning of year 6, then 10% increases at the beginning of each option period SITE PLAN Security Deposit None TENANT OVERVIEW
LEASE ABSTRACTS Rent Schedule Year Annual Base Rent Monthly Base Rent 1 to 5 $156,825 $13,068.75 FINANCIAL SUMMARY 6 to 10 $172,508 $14,375.63
MALL TRADE AREA Option 1 11 to 15 $189,758 $15,813.19 Option 2 16 to 20 $208,734 $17,394.51 LOCATION MAPS Option 3 21 to 25 $229,607 $19,133.96 DEMOGRAPHICS Options Three (3) five-year periods
Taxes Tenant pays estimated monthly pro rata share
Insurance Tenant pays estimated monthly pro rata share
CAM Tenant pays estimated monthly pro rata share of operating expenses, including a management fee (10% of total operating expenses). CAM increases capped at 5% of controllable expenses from previous year.
Utilities Tenant pays directly for all utility services
Landlord Expenses Landlord shall be responsible for the repair and maintenance of the roof, exterior walls, structural portions, sprinkler systems and the floor slab and foundation of the building.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Tenant Daniel, Max & Marc'Andrea, LLC
INVESTMENT SUMMARY Guarantor Corporate Guaranty - Vision Precision Holdings, LLC AERIAL MAPS Square Footage 2,625 SF AREA OVERVIEW Rent Commencement July 1, 2020 is the projected opening date PHOTOGRAPHS Termination Date 10 Years after Rent Commencement SITE PLAN Increases 10% at beginning of year 6, then 10% increases at the beginning of each option period TENANT OVERVIEW
LEASE ABSTRACTS Security Deposit None
FINANCIAL SUMMARY Rent Schedule Year Annual Base Rent Monthly Base Rent
MALL TRADE AREA 1 to 5 $97,125 $8,093.75 6 to 10 $106,838 $8,903.13 LOCATION MAPS Option 1 11 to 15 $117,521 $9,793.44 DEMOGRAPHICS Option 2 16 to 20 $129,273 $10,772.78
Options Two (2) five-year periods
Taxes Tenant pays estimated monthly pro rata share
Insurance Tenant pays estimated monthly pro rata share
CAM Tenant pays estimated monthly pro rata share of operating expenses, including a managementfee (5% of total operating expenses). CAM increases capped at 10% of controllable expenses beginning in year two.
Utilities Tenant pays directly for all utility services
Landlord Expenses Landlord shall beresponsible for the repair and maintenance of the roof, exterior walls, structural portions, sprinkler systems and the floor slab and foundation of the building.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Tenant Gaston Telecommunications, LLC
INVESTMENT SUMMARY Guarantor Personal Guaranty with net worth in excess of $26MM AERIAL MAPS Square Footage 1,292 SF AREA OVERVIEW Rent Commencement Later of opening or June 14, 2020 PHOTOGRAPHS Termination Date 10 Years after Rent Commencement SITE PLAN Increases 10% at beginning of year 6, then 10% increases at the beginning of each option period TENANT OVERVIEW
LEASE ABSTRACTS Security Deposit None
FINANCIAL SUMMARY Rent Schedule Year Annual Base Rent Monthly Base Rent
MALL TRADE AREA 1 to 5 $60,078 $5,006.50 6 to 10 $66,086 $5,507.15 LOCATION MAPS Option 1 11 to 15 $72,694 $6,057.87 DEMOGRAPHICS Option 2 16 to 20 $79,964 $6,663.65
Options Two (2) five-year periods
Taxes Tenant pays estimated monthly pro rata share
Insurance Tenant pays estimated monthly pro rata share
CAM Tenant pays estimated monthly pro rata share of operating expenses, including a management fee (10% of total operating expenses). CAM increases capped at 5% of controllable expenses beginning in year three.
Utilities Tenant pays directly for all utility services
Landlord Expenses Landlord shall be responsible for the repair and maintenance of the roof, exterior walls, structural portions, sprinkler systems and the floor slab and foundation of the building.
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
SCHEDULED LEASED INCOME
2,520 SF New 10 Year Lease $ 123,480 INVESTMENT SUMMARY 10% Increases every 5 yrs Four 5 Year Options AERIAL MAPS PRICE $6,987,000 AREA OVERVIEW 1,275 SF New 10 Year Lease 59,288 10% Increases every 5 yrs PHOTOGRAPHS Two 5 Year Options SITE PLAN CAP RATE 2,625 SF New 10 Year Lease 97,125 TENANT OVERVIEW 10% Increases every 5 yrs 6.25% Two 5 Year Options LEASE ABSTRACTS
FINANCIAL SUMMARY 3,485 SF New 10 Year Lease 156,825 10% Increases every 5 yrs BUILDING / GLA MALL TRADE AREA Three 5 Year Options 9,905 SF LOCATION MAPS
DEMOGRAPHICS TOTAL SCHEDULED INCOME $ 436,718
RECAPTURE (estimated per lease) LAND Chipotle $ 16,128 1.48 ACRES AT&T 8,160 My Eyelab 16,800 Navy Federal 22,304 63,392
GROSS OPERATING INCOME $ 500,110 YEAR BUILT
EXPENSES (estimated per lease) 2020 Taxes $ 29,715 Insurance 3,962 CAM 29,715 $ 63,392
NET OPERATING INCOME $ 436,718
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Douglasville—Arbor Place is a Super Regional Trade Area which is different from every other metro Atlanta submarket and sits in the cross-section of the area’s main routes. INVESTMENT SUMMARY
AERIAL MAPS This map shows the AREA OVERVIEW routes of visitors to Arbor Place. PHOTOGRAPHS # of Visits (in SITE PLAN descending order) TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
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Per placer.ai
Douglasville—Arbor Place Only Mall on I-20 West until Oxford, AL (65 miles away) Tenants pinpoint this area, and Chipotle looked in the Douglasville market for 6+ years before choosing this specific center. Other Atlanta Submarkets GA-400 North (Perimeter/Roswell/Alpharetta) — Multiple Malls/Mall-Like Properties— Perimeter Mall, North Point Mall, Avalon Gwinnett (Pleasant Hill/Suwanee/Buford) - Multiple Malls — Sugarloaf Mills, Mall of Georgia, The Forum on Peachtree Parkway I-75 South (Mt. Zion/Morrow/McDonough) — Multiple Malls/Mall-Like Properties—Southlake Mall, Tanger Outlets, SouthPoint Shopping Center See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
Why are tenants paying these rents? Douglasville is a super regional market with limited space for new Credit Tenants. INVESTMENT SUMMARY
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Proof of Concept — 4 National/Regional Tenants paid these rates and had to compete for this location. Chipotle scoured this market for over 6 years before choosing this center, plus the drive-thru adds an estimated value of $10 PSF. Limited Credit Quality Locations for this Submarket — Douglasville is different from other metro Atlanta submarkets. It is the only super regional market in western Atlanta. Similar Atlanta markets have 2-3 super regional locations. This Center is Unique — Superior visibility, proximity to anchors, exposure to street, large signage, and 14 ft. ceiling heights are all preferable to National/Regional Credit Tenants. Other centers nearby are not credit tenant locations and lack the required specifications.
Please Note: “Credit” is not intended to describe S&P BBB– rated or higher
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
INVESTMENT SUMMARY
AERIAL MAPS
AREA OVERVIEW
PHOTOGRAPHS
SITE PLAN
TENANT OVERVIEW
LEASE ABSTRACTS
FINANCIAL SUMMARY
MALL TRADE AREA
LOCATION MAPS
DEMOGRAPHICS
See accompanying Confidentiality Statement. DOUGLASVILLE LANDING
770.481.1960 | www.shanegroup.net 9380 The Landing Drive, Douglasville (Atlanta MSA), GA
One Mile Three Miles Five Miles Notes Population INVESTMENT SUMMARY 2019 Population 6,808 38,890 46,261 2010 Population 6,612 35,214 43,724 AERIAL MAPS 5 Year Projected 7,102 40,976 49,246 Growth Over the Past 5 Years 2.96% 10.44% 5.80% AREA OVERVIEW Projected Growth Over the Next 5 Years 4.32% 5.36% 6.45% PHOTOGRAPHS Households SITE PLAN 2019 Households 2,647 13,593 15,108 % Owner Occupied 53.53% 63.37% 77.60% TENANT OVERVIEW % Renter Occupied 46.51% 36.62% 22.39% 2010 Households 2,581 12,328 14,374 LEASE ABSTRACTS 5 Year Projected 2,758 14,303 16,041 FINANCIAL SUMMARY Growth Over the Past 5 Years 2.56% 10.26% 5.11% Projected Growth Over the Next 5 Years 4.19% 5.22% 6.18% MALL TRADE AREA Income LOCATION MAPS 2019 Average Household Income $79,177 $71,406 $74,369 5 Year Projected $86,676 $79,453 $83,330 DEMOGRAPHICS Projected Growth Over the Next 5 Years 9.47% 11.27% 12.05%
Employment & Establishments 2019 Employees/Daytime Population 6,202 16,655 25,227 2019 Total Establishments 471 1,812 586
Race White 42.20% 38.10% 41.70% African American 48.00% 52.20% 48.10% Hispanic Origin (Any Race) 7.40% 8.60% 11.80% Native American / Alaskan Native 0.30% 0.30% 0.30% Asian/Pacific Islander 3.40% 2.10% 1.50% Two or More Races 3.50% 3.30% 3.10% Other Race 2.70% 4.00% 5.10%
See accompanying Confidentiality Statement.