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Offering Memorandum FREESTANDING RESTAURANT on LAVISTA ROAD | 2,957 SF TABLE of CONTENTS

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Offering Memorandum FREESTANDING RESTAURANT on LAVISTA ROAD | 2,957 SF TABLE of CONTENTS Offering Memorandum FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF TABLE OF CONTENTS DISCLAIMER 3 Michael Wess, CCIM EXECUTIVE SUMMARY 4 Partner, Bull Realty PROPERTY OVERVIEW 5 [email protected] ADDITIONAL PHOTOS 6 404-876-1640 x150 AERIAL MAP 7 LOCATION MAPS 9 Andy Lundsberg Partner, Bull Realty TAX PLAT 10 [email protected] RETAIL MAP 11 404-876-1640 x107 IN THE AREA 12 BROKER PROFILES 14 Bull Realty, Inc. 50 Glenlake Parkway, Suite 600 Atlanta, GA 30328 BullRealty.com Exclusively listed by Bull Realty, Inc. Page 2 of 14 DISCLAIMER FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Bull Realty has been retained as the exclusive listing broker to arrange the sale of the Subject Property. This Offering Memorandum contains selected information pertaining to the Property but does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require. All financial projections are provided for general reference purposes only and are based upon assumptions relating to the general economy, competition and other factors, which therefore, are subject to material change or variation. Prospective purchasers may not rely upon the financial projections, as they are illustrative only. An opportunity to inspect the Property will be made available to qualified prospective purchasers. In this Offering Memorandum, certain documents, including financial information, are described in summary form and do not purport to be complete or accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to review independently all documents. This Offering Memorandum is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement, suitability or advice as to the value of the Property by Bull Realty Inc. or the current Owner/Seller. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein. Owner/Seller expressly reserve the right, at its sole discretion, to reject any or all expressions of interest or offers and/or to terminate discussions with any party at any time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offer on the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Owner/Seller and any conditions to the purchaser's obligations therein have been satisfied or waived. The Owner/Seller reserves the right to move forward with an acceptable offer prior to the call for offers deadline. This Offering Memorandum may be used only by parties approved by the Broker. The Property is privately offered, and by accepting this Offering Memorandum, the party in possession hereof agrees (i) to return it if requested and (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Bull Realty, Inc. The terms and conditions set forth above apply to this Offering Memorandum in its entirety and all documents, disks and other information provided in connection therewith. Freestanding Restaurant on Lavista Road | 2,957 SF | Page 3 of 14 EXECUTIVE SUMMARY FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS 2,957 SF freestanding restaurant, located on Lavista Road. Restaurant includes a large • 2,957 SF freestanding restaurant located on Lavista Road main dining room and a smaller private event room that very easily provides 118 seats of • Additional small and side porch seating area, large main dining room and smaller private event room plus kitchen the current layout, as well as a front and small side porch that could be expanded providing additional outdoor seating. • Current layout provides for 118 indoor seats • 0.2 acre parcel (± 65' x 165') All showings must be schedule through Bull Realty. Please do not visit property without • 13 parking spaces (additional spaces may be leased from adjacent properties) speaking to broker. • Visible from Lavista Road's intersection with Briarcliff Road (330' from property line) • Traffic ountsc of 17,700 VPD on Lavista Road and 21,300 VPD on Briarcliff Road • Current operator has beer and wine license • Fantastic 1 and 3 mile demographics • Seller financing vailabla e to qualified purchasers PRICE | $795,000 Freestanding Restaurant on Lavista Road | 2,957 SF | Page 4 of 14 PROPERTY OVERVIEW FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Address: 1602 Lavista Road, Atlanta, GA 30329 County: DeKalb Building Size: 2,957 SF Site Size: 0.2 Acres Zoning: C-1 Parking Spaces: 13 Traffic ounts:C 17,700 VPD on Lavista Road and 21,300 VPD on Briarcliff Road Owner Occupied (seller will vacate 90 days after close Occupancy: or is open to a flexible leaseback) Sale Price: $795,000 Freestanding Restaurant on Lavista Road | 2,957 SF | Page 5 of 14 ADDITIONAL PHOTOS FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 6 of 14 AERIAL MAP FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 7 of 14 AERIAL MAP FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 8 of 14 LOCATION MAPS FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF POPULATION 1 MILE 3 MILES 5 MILES LOCATION DESCRIPTION 1602 Lavista Road's fantastic location, just 330' from the Briarcliff Road intersection, boasts TOTAL POPULATION 15,430 144,805 392,899 some of the best demographics in the Metro Area, with a total population of 144,805 within a three mile radius of the property who have an average household income of $113,956. MEDIAN AGE 34.3 33.9 34.8 MEDIAN AGE (MALE) 36.0 34.0 34.8 This section of Lavista Road has traffic counts of 17,700 vehicles per day, but the property is visible from Briarcliff oad'sR trafficoun c t of 21,300 vehicles per day. MEDIAN AGE (FEMALE) 33.0 34.1 35.1 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 7,481 68,726 188,165 # OF PERSONS PER HH 2.0 2.2 2.1 AVERAGE HH INCOME $96,206 $113,956 $114,016 AVERAGE HOUSE VALUE $355,165 $462,018 $412,851 Source: ESRI Freestanding Restaurant on Lavista Road | 2,957 SF | Page 9 of 14 TAX PLAT FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 10 of 14 RETAIL MAP FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 11 of 14 IN THE AREA FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Freestanding Restaurant on Lavista Road | 2,957 SF | Page 12 of 14 IN THE AREA FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF TOCO HILLS LENOX SQUARE 1 Atlanta’s beloved shopping district, "Toco Hills" is Since 1959, Lenox Square has been the premier 4 comprised of Toco Hills Promenade and Toco Hills shopping destination throughout the Southeast. Shopping Center. Located at the intersection of North Located in the heart of Buckhead, Lenox Square offers Druid Hills and LaVista Roads, the Toco Hills totem is an unparalleled shopping experience featuring local prominently displayed to the surrounding and luxury brands. The property hosts popular neighborhood. Both the Promenade and Shopping Buckhead restaurants True Food Kitchen, The Center are designed and curated to engage the Cheesecake Factory and Zinburger Wine & Burger Bar. community with a collection of local and national It is owned and managed by Simon Property Group. retailers. EMORY UNIVERSITY PHIPPS PLAZA 2 Staffed exclusively by Emory University School of Phipps Plaza, the southeast's premier, upscale 5 Medicine faculty who also are members of the Emory shopping destination is located off of GA 400 at the Clinic, Emory University Hospital is one of the nation’s intersection of Peachtree and Lenox Roads right in the leading hospitals in cardiology and heart surgery, heart of Buckhead with quick and convenient access to cancer, neurology and more. Midtown and Downtown Atlanta. The property boasts 100+ stores and restaurants including LEGOLAND and a 14-screen AMC movie theater. It is owned and managed by Simon Property Group. ARMOUR YARDS THE SHOPS BUCKHEAD ATLANTA 3 Perfectly positioned between the vibrant Buckhead Sophisticated travelers from around the world visit 6 and Midtown employment hubs, Armour Yards boasts The Shops Buckhead Atlanta to experience this incredible and efficient access to all areas of Atlanta. distinctive outdoor shopping and dining district. The Campus is uniquely situated to appeal to Showcasing a curated collection of more than 50 traditional workforce constituents of Buckhead and fashionable retail shops, restaurants and cafes set the northern suburbs, as well as Atlanta’s talented amidst 6 beautifully landscaped streets. The $1 billion creative class, which continues to plant roots in the mixed-use project opened in late 2015. highly desirable neighborhoods that border the district and others to the south. Freestanding Restaurant on Lavista Road | 2,957 SF | Page 13 of 14 BROKER PROFILES FREESTANDING RESTAURANT ON LAVISTA ROAD | 2,957 SF Michael Wess’ passion for the consultation and sale of commercial real estate began during his undergraduate studies at the University of Georgia. He earned a 4.0 GPA at the Terry College of Business’s real estate program, consistently ranked in the top five nationally. While there, Michael also received two other degrees in finance and international business and a minor in Spanish while participating on UGA’s rugby team and various philanthropic organizations.
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