Investment Opportunity 20 Year Lease

For sale

3622 Satellite Blvd. Duluth, GA 30096 Listed by Peter Shin, 404-642-0461, [email protected], 3170 Peachtree Ind. Blvd. #130, Duluth

DISCLAIMER

3622 Satellite Blvd., Duluth, GA 30096 DULUTH

No contacts shall be made by Any prospective pur- chaser or Agent(“Buyer”) to the owner, its employees or related entities. All financial and development projections are provided for general reference purposes only. They are based on assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and PETER SHIN, INC.(“Broker”). “Broker” has had neither a legal review of title, survey or development rights of the Property nor an engineering review with re- gard to the environmental, physical, and mechanical integ- rity of the Property, and no representations with respect to either are made hereby. “Buyer” acknowledge that the this Offering Materials(“OM”) and all contents herein are con- sidered confidential and proprietary information of Owner and “Broker”. “Buyer” will not disclose “OM” or any of the contents thereof to any person or tenants in the proper- ty without Owner’s or PETER SHIN, INC’s prior written consent; provided, however, that the “OM” may be dis- closed to the Potential Purchaser’s partners, employees, legal counsel, advisors, institutional lenders, and other capital source(s) as required for an evaluation of “OM” and/or the Property. Neither the “Broker” nor the owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information con- tained herein, and nothing contained herein shall be relied upon as a promise or representation as to the future perfor- mance of the property. “Buyer” is advised to verify it inde- pendently. The information provided herein may include certain statement and estimates by “Broker” with respect to the projected future performance of the property. These assumptions may or may not be correct, and there can be no assurance that such estimates will be achieved. Further, the “Broker” and owner disclaim any and all liabilities for representations or warranties, expressed or oral communi- cation transmitted or made available to the recipient. EXCLUSIVELY PRESENTED BY

PETER SHIN, INC Peter Shin 3170 Peachtree Ind. 404.642.0461 Blvd. Suite 130 [email protected] Duluth, GA 30096

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Highlights of Investment

> $6,000 Plus Tax, CAM, Insurance till Dec 31, 2022 20 Year Lease > $6,600 Plus Tax, CAM, Insurance till Dec 31, 2027 > $7,260 Plus Tax, CAM, Insurance till Dec 31, 2032 > $7,986 Plus Tax, CAM, Insurance till Dec 31, 2037

> Tenant has been at the property for 4 Years. Proven History > Has stable loyal customer base. > GOODYEAR fleet national account & Napa Auto Care Program

Over $1M Sale > Total 6,480 Customers in 2018 a Year

> DULUTH GOODYEAR has better prices than other retailers such as

Sam’s Club, , and Discount Tire ..Visit www.duluthgoodyear.com Strong > Tenant has four(4) business locations in Chamblee, Duluth, Tucker, and Leadership Marietta under GOODYEAR Independent Dealer. > Tenant has been operating all of stores by computer and management system over 20 years.

Traffic 46,660 25,891 Data : Costar 3

DULUTH Auto Service Center

4 Investment Summary

Peter Shin, Inc is proud to feature DULUTH GOODYEAR, an absolute net lease with increase over the next 20 years. The Subject property is located on Satellite Blvd in the heart of the city, Duluth; a stand-alone building in Mall Corners shopping center with great visibility & frontage. It is surrounded with major national retailers like Verizon Wireless, T-mobile, TJ Max, Sam’s club, Kohl’s, Costco, , Staples, , Home Depot, , Gwinnett Place Mall, Fry’s and many more. In addition to large banks such as SunTrust, Bank of America, variety international businesses can be found like Great Wall , Mega Mart, Super H-Mart, Namdaemun Supermarket, Jusgo, City Farmer’s Market and restaurants such as Starbucks, Red Lobster, Apple Bee, Olive Garden, Sweet Tomatoes, Paris Baguette, Sweet Hut, Breaker’s BBQ, Einstein Bagel, & more. In addition to high visibility on Satellite Blvd and Pleasant Hill Rd, the property is also near Interstate 85 and major car dealerships. Property value here is soaring like there is no limit. This investment is a golden opportunity.

Offering Price $1,200,000 Lease 20 Years NOI $72,000 CAP 6 % Absolute NNN 100 % Lot Size +/- 0.45 Acres Building Size +/- 4,400 SF Year of Built 1984

> TENANT PAYS PROPERTY TAX & INSURANCE

> TENANT IS RESPONSIBLE FOR HVAC, ROOF, LANDSCAPING & REPAIR / MAINTENANCE

> OUT PARCEL OF MALL CORNERS SHOPPING CENTER

> CORNER OF PLEASANT HILL RD & 1st Floor SATELLITE BLVD End Cap

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12 Grocery Markets in 1 Mile Radius

Seven ethnic grocery stores are supporting local communities as well as people from SC, NC, AL, TN and FL.

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Top Sales Location

Gwinnett Place Mall

Future Development Site

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NNN Asking Rent per SF, Pleasant Hill Rd Area

Address NNN 2131 Pleasant Hill Rd. Duluth, GA 30096 $18 2385 Pleasant Hill Rd. Duluth, GA 30096 $19 2180 Pleasant Hill Rd. Duluth, GA 30096 $22 3875 Venture Dr. Duluth, GA 30096 $25 3960 Venture Dr. Duluth, GA 30096 $24 3865 Venture Dr. Duluth, GA 30096 $22 3500 Gwinnett Pl. Dr. Duluth, GA 30096 $16 3580 Mall Blvd. Duluth, GA 30096 $22 3360 Satellite Blvd. Duluth, GA 30096 $22 36750 Satellite Blvd. Duluth, GA 30096 $20

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Occupancy Rate, Pleasant Hill Rd Area VS Atlanta

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Four (4) Locations

DULUTH 3622 Satellite Blvd Duluth GA 30096 CHAMBLEE 2429 Chamblee Tucker Rd Chamblee GA 30341 MARIETTA 665 Whitlock Ave. NW Marietta GA 30064 TUCKER 4499 Hugh Howell Rd. Tucker GA 30084

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Map

11 Residence Demographic, Duluth, 2016

Data : City-Data

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