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995 Roswell St NE Offering Memorandum 4.218±995 Acre Roswell Development St Opportunity NE SmyrnaMARIETTA, - Vinings, GEORGIA GA BROKER OPINION OF VALUE & MARKETING PROPOSAL 2235 Cooper Lake Road Smyrna, GA 30080 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC Confidentiality Agreement & Disclaimer This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property. By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or McWhirter Realty Partners, LLC (“MRP”). You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or MRP. This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general econ- Presented by: omy, market conditions, competition and other factors beyond the control of the Owner or MRP. Therefore, all projections, assumptions, estimates, and other information provided and made herein are subject to material variation. All references Dan Buyers to acreages, square footages, and other measurements are approximate. Additional information and an opportunity to in- 770.596.2629 spect the Property will be made available to interested and qualified prospective purchasers. Certain documents within this [email protected] Memorandum are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other doc- uments of whatever nature independently and not rely on the contents of this Memorandum. McWhirter Realty Partners, LLC 300 Galleria Pkwy, Ste 300 Neither the Owner or MRP, nor any of their respective directors, officers, affiliates, or representatives make any representation Atlanta, GA 30339 or warranty, express or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal 770.955.2000 commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents, and you are to rely www.mcwrealty.com solely on your investigations and inspection of the Property in evaluating a possible purchase of the real property. 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 with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner nor MRP shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived. The information within this Memorandum has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. Any assumptions, estimates, projections, or opinions used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 2 3 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC 4.218± AC Development Site 2235 Cooper Lake Road & 2001 Daniel Street Smyrna, GA 30080 Table of Contents Property Summary ............................................................................. 5 Smyrna - Vinings Overview ................................................................ 6 Location Map ....................................................................................... 8 Property Aerial ...................................................................................... 9 Surveys, Proposed Site Plans & Renderings ........................ 10 - 14 Aerial Tax Plat .....................................................................................15 Cobb County Zoning Map ................................................................16 Kensington Green Subdivision Aerial Plat ....................................17 Cobb County Future Land Use Map ...............................................18 Cobb County Topography & Hydrology Map ................................19 Surrounding Area Images ........................................................ 20 - 24 2 3 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC 4 5 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC Property Summary Rare Parcel for Redevelopment in Walkable Smyrna - Vinings Location, with Close Proximity to Major Employment Markets. Location / Walkability This property enjoys a very pedestrian friendly location on the popular Silver Comet Trail. Within a short walk from the Property, you will find a dozen restaurants and taverns and numerous shops at the nearby West Village Mixed-Use development; including such favorites as Blue Moon Pizza, McCray’s Tavern, Starbuck’s, Five Guys, Hook, Line & Schooner, L’Thai Organic Rest & Wine Bar and Goodness Grocery. The property is also within easy walking distance directly across Atlanta Road to One Ivy Walk, featuring South City Kitchen, Muss & Turner’s (gourmet restaurant & speakeasy) and First Watch (breakfast & lunch). Numerous other restaurants and bars are a short drive away at the well-liked Smyrna Market Village and the iconic Vinings Jubilee. South on Atlanta Road from the property, Wellstar Health System opened their latest innovative health park in late 2017. The Wellstar Vinings Health Park, is bringing world class, comprehensive medical care to Vinings and Smyrna, and an easy walk from West Village. Recreational opportunities abound with close proximity to the very popular Silver Comet Trail (adjacent to the Property) and Chattahoochee River National Park. The property is also only 2.5± miles from Cumberland Mall, 3± miles from Cobb Galleria Centre and 3.2± miles from the $1B Truist Park (home of the Atlanta Braves) and The Battery Atlanta mixed-use development. Access / Frontage The property has frontage on Cooper Lake Road and Daniel Street and is situated 0.5± miles northwest of I-285, Exit 16, Atlanta Road. Exit 16 is nearing completion of a multi-million dollar widening and interstate exit improvement project. Proximity to Nearby Major Employment Markets The subject property offers hard to beat commute times to most of Metro Atlanta’s largest and most significant employment districts. • 2± miles to Cumberland/Galleria/Vinings • 7.5± miles to Midtown • 7.5± miles to Buckhead • 8.5± miles to Downtown • 9.5± miles to Perimeter, and • 15± miles to Atlanta’s Hartsfield-Jackson Airport Zoning / Future Land Use / Surrounding Properties A majority of the property is zoned O & I (Conditional) with one lot zoned R-20. The property adjoins O&I (child care), FST-6 (adjacent fee simple townhomes - Kensington Green townhome section developed at approximately 9.4+ units per acre), R-20, R-15, and is across Cooper Lake Road from NS (Neighborhood Shopping and Cobb County's Oakdale Park playground and parking lot. The property is designated as Medium Density Residential on Cobb County's Future Land Use Map. Description of Improvements There are a total of three (3) residential structures on the property. Price $4,218,000 ($1,000,000/ac) 4 5 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC 6 7 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC 6 7 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC P owers Fer Dobbins ry R 285 Air Reserve d Base Rd ill 75 575 H y C d o 75 in b W b Exit 20 985 P 400 k Exit 260 w y (U 85 75 S Exit 259B H 85 Belmont w Atlanta Braves y SANDY Hills 41 & Truist Park d ) Exit 259A R SPRINGS n o 285 20 m Cobb Exit 258 r ATLANTA Smyrna Galleria a Market Exit 19 G 285 Spring Rd Centre 20 Village Cumberland 675 Mall 75 Cumberlan d B 85 lvd 75 A ta 41 n d ta R R an d Mt P ar N o r t Home 75 h s i Depot d e H.Q. D r Exit 18 P Vinings a c Rd Village es Ferry P ace W s F e P rr y a Rd S c C e o r s b e F SITE v e b VININGS i r D R r . y r r DDa e n e Rd ke ie h a l L c r St. 285 BUCKHEAD e o p Oakdale Ivy o h W o Park a Pa o Walk t c . e t d s F C Rd R err e a d y R Cooper Lak o d h o w Wellstar Vinings C e Health Park g d i West R Silver Exit 16 Co Village Ea m d st-W et R e T ill s ra M t il es C or o o nn W W ector esle M y Rd 8 9 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC 8 9 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC Site Survey - Topography & Tree Survey 10 11 2235 COOPER LAKE ROAD, SMYRNA, GA McWhirter Realty Partners, LLC Site Survey 10 11
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