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.