OFFERING MEMORANDUM

LAND FOR SALE 948 GAINESVILLE HWY | BUFORD, GA

™ FINANCIAL OVERVIEW

EXCLUSIVELY LISTED BY: CONTACT BROKER FOR DETAILS C2 ±8.92 AC OFFERING PRICE ZONING ACREAGE HARRISON AUERBACH Associate

D: +1 (404) 445-1092 M: +1 (407) 312-1284 [email protected] INVESTMENT HIGHLIGHTS

License No. SL3422263 (FL) • Irreplaceable Location – ±9 acres positioned directly on Gainesville Hwy. The parcel, which boasts about 650 feet of frontage will fit the needs of countless developers. ALEXANDER HARROLD Vice President & Senior Director With easy access to interstates 985 and 85, the surrounding market will continue D: +1 (310) 919-5790 to see appreciation for years to come. The Gainesville Industrial submarket, over M: +1 (310) 977-1651 [email protected] the past few years, has seen some of the lowest vacancy and highest rent in the License No. 02009656 (CA) Atlanta MSA.

• Affluent Area – Average household income above $67,400 in a 3-mile radius with KYLE MATTHEWS Broker of Record population estimates of over 79,150 people in a 5-mile radius. These extremely License No. 67120 (GA) positive demographics are strongly influenced by location, increased rental growth, and declining vacancy rates.

• Corridor Development – Located directly across the street from Lanier Logistics Park. McCraney Properties recently developed a brand new 615,000 SF three PLEASE CONTACT A BARRINGTON CAPITAL AGENT . With leasing already underway, McCraney’s expectations are FOR FINANCING OPTIONS: building spec project to be fully leased up soon.

NIKO BUNTICH D: +1 (714) 656-7500 [email protected] • Submarket Fundamentals – With little industrial development or supply over the past 18 months, landlords have been able to push rental rates much higher than the metro average as the market becomes tighter. Industrial vacancies in the submarket are hovering near all-time lows, as tenants continue to have difficulty finding available facilities with outside storage.

2 VACANT INDUSTRIAL BUFORD, GA 3 4 948 GAINESVILLE HWY FRIENDSHIP RD NEW CONSTRUCTION ± 26,000 VPD OFFICE/INDUSTRIAL USE

NEW CONSTRUCTION OFFICE/INDUSTRIAL USE SUBJECT GAINESVILLE HWY ± 14,000 VPD PROPERTY

BUFORD, GA 5 FRIENDSHIP RD NEW CONSTRUCTION ± 26,000 VPD OFFICE/INDUSTRIAL USE

GAINESVILLE HWY SUBJECT ± 14,000 VPD PROPERTY AREA OVERVIEW

ATLANTA, GA

DEMOGRAPHICS

POPULATION 1-MILE 3-MILE 5-MILE 2025 Projection 6,832 49,454 85,044 BUFORD, GA 2020 Estimate 6,425 46,247 79,151 The City of Buford has come a long way since its beginnings in 1872 as a depot on 2010 Census 5,879 40,737 67,356 the railway line between Atlanta and Charlotte, North Carolina. Major domestic and Growth 2020-2025 6.33% 6.93% 7.45% Growth 2010-2020 9.29% 13.53% 17.51% international companies have established operations in Buford. The Buford Dam has become a major source of power for the state, and Lake Lanier Islands is recognized as HOUSEHOLDS 1-MILE 3-MILE 5-MILE a premier recreational development in the Southeast. 2025 Projection 2,427 15,694 28,044 2020 Estimate 2,284 14,693 26,160 2010 Census 2,073 12,843 22,287 Recreational activities include fishing, boating, swimming, skiing, camping, beach & water Growth 2020 - 2025 6.26% 6.81% 7.20% park and golf at Lake Lanier Islands and local parks at Lake Lanier; hiking and camping Growth 2010 - 2020 10.18% 14.40% 17.38% in the north Georgia mountains; major league sports (baseball, basketball, football & INCOME 1-MILE 3-MILE 5-MILE hockey), theatre, concerts of all types, symphony, ballet and museums in nearby Atlanta. 2020 Average $57,027 $67,417 $74,566 Household Income Buford is also home to the Mall of Georgia, more than 2 million square feet of shopping and entertainment under one roof, the most of anywhere else in the Southeast.

BUFORD, GA 7 AREA OVERVIEW ATLANTA GEORGIA

Atlanta is the capital of and the most populous city in the U.S. state of Georgia, the cultural and economic center of the Atlanta metropolitan area, and the ninth largest metropolitan area in the United States.

Atlanta is an “alpha-” or “world city”, exerting a significant impact upon commerce, finance, research, technology, education, media, art, and entertainment. It ranks 36th among world cities and 8th in the nation with a gross domestic product of $270 billion. Atlanta’s economy is considered diverse, with dominant sectors including logistics, professional and business services, media operations, and information technology. Atlanta is home to professional franchises for three major team #1 25 #1 BEST STATE FORTUNE 500/1000 MOST sports: the Atlanta Braves of Major League Baseball, the Atlanta FOR DOING HEADQUARTERS TRAVELED Hawks of the National Basketball Association, and the Atlanta BUISNESS AIRPORT IN Falcons of the National Football League. Due to the more than 30 THE WORLD colleges and universities located in the city, Atlanta is considered a center for higher education.

8 948 GAINESVILLE HWY Encompassing $304 billion, the Atlanta corporations. Atlanta contains the country’s third 75 percent of Fortune 1000 companies conduct metropolitan area is the eighth-largest economy largest concentration of Fortune 500 companies, business operations in the Atlanta metropolitan in the country and 17th-largest in the world. and the city is the global headquarters of area, and the region hosts offices of about 1,250 Corporate operations comprise a large portion corporations such as The Coca-Cola Company, multinational corporations. of Atlanta’s economy, with the city serving as the The Home Depot, Delta Air Lines, AT&T Mobility, regional, national, or global headquarters for many Chick-fil-A, UPS, and Newell-Rubbermaid. Over

BUFORD, GA 9 CONFIDENTIALITY AGREEMENT & DISCLOSURE

This Offering Memorandum contains select information pertaining to the business and affairs of 948 Gainesville Hwy, Buford, GA 30518 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum for the Property, you agree:

1. The Offering Memorandum and its contents are confidential; 2. You will hold it and treat it in the strictest of confidence; and 3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

10 948 GAINESVILLE HWY 10 948 GAINESVILLE HWY OFFERING MEMORANDUM

LAND FOR SALE

948 GAINESVILLE HWY | BUFORD, GA

EXCLUSIVELY LISTED BY:

HARRISON AUERBACH ALEXANDER HARROLD Associate Vice President & Senior Director

D: +1 (404) 445-1092 D: +1 (310) 919-5790 M: +1 (407) 312-1284 M: +1 (310) 977-1651 [email protected] [email protected]

License No. SL3422263 (FL) License No. 02009656 (CA)

KYLE MATTHEWS Broker of Record

License No. 67120 (GA)

™