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Columbus Land 1 OFFERING MEMORANDUM 1524 GEORGESVILLE RD, COLUMBUS, OH TABLE OF CONTENTS EXECUTIVE SUMMARY 3 DEMOGRAPHICS 4 REGIONAL MAP 5 LOCAL MAP 6 RETAIL CORRIDOR MAP 7 CONFIDENTIALITY AGREEMENT 8 EXCLUSIVELY JON BANNISTER LISTED BY: VP, INVESTMENT SALES 317.408.0886 | 317.493.1267 [email protected] Columbus, OH | 2 EXECUTIVE SUMMARY SUBJECT PROPERTY The subject property is a 6.65 acre parcel that sits just off of I-270 on the city's Southwest side. The property is zoned as Vacant Commercial Land, and is ready to be developed. The property sees 20,000 vehicles daily, and is surrounded by a solid PROPERTY INFORMATION list of national retail tenants. These tenants include Lowe's, Kroger Supermarket, McDonalds, Chipotle, Wendy's. Applebee's, ADDRESS 1524 Georgesville Rd KFC, Taco Bell, Advanced Auto Parts, and many more. CITY Columbus STATE Ohio COLUMBUS, OH - TOP EMPLOYERS COUNTY Franklin 1. The Ohio State University 30,963 LOT SIZE 6.65 +/- Acres 2. State of Ohio 23,859 ZONING Commercial - Land 3. Ohio Health 19,936 BUILDING SIZE N/A 4. JP Morgan Chase 19,200 UNITS N/A 5. United States Government 13,800 OCCUPANCY N/A 6. Nationwide Insurance 13,000 PARKING N/A 7. Honda of America 10,700 MARKET OVERVIEW 8. Kroger 10,240 Columbus is the 14th largest city in the United States with a population of 879,170. The city is perfect for active lifestyles, having invested $20 million to develop a growing system of bike and fitness trails that connect the suburbs and river trails to 9. Mt. Carmel Health Systems 8,818 downtown's $44 million riverfront park system restoration.Columbus is gaining nationwide recognition for its historic 10. City of Columbus 8,500 neighborhoods, booming downtown arts and sporting districts, open attitude and a noticeably affordable quality of life. 11. Nationwide Childrens Hosp. 8,400 Museums, festivals, parks, live music and theatre are just some of the reasons Columbus is one of the best places in the 12. L Brands 7,800 nation to live, work and raise a family. 13. Franklin County 7,000 14. Columbus Public Schools 6,488 BUSINESS 15. Huntington Bancshares 5,050 Home to The Ohio State University, Limited Brands, Inc., Nationwide Insurance and other well-known companies, the Columbus economy is balanced by a combination of education, technology, government, research, insurance and health 16. Cardinal Health 4,635 care as major employers in the region. 17. Walmart 4,543 18. Giant Eagle 3,816 EDUCATION 19. American Electric Power 3,600 Columbus offers many opportunities for higher education. The city is home to The Ohio State University, one of the largest 20. Alliance Data 3,465 universities in the nation. Capital, Otterbein and Franklin Universities provide quality private educations on a smaller scale. Technical, medical and other choices, such as Columbus State Community College, add to the possibilities for students of all ages. SPORTS The NHL Columbus Blue Jackets, the Columbus Crew, the Ohio State Buckeyes and the Columbus Clippers are among the many choices for the sports enthusiast. Numerous fine golf courses are in the region. The area is also home to the Memorial Golf Tournament on the PGA Tour each summer. Columbus, OH | 3 DEMOGRAPHICS EMPLOYMENT BY SECTOR Columbus, OH | 4 C l b OH 9 REGIONAL MAP DollarColumbus, General OH - Indianapolis,| 5 IN | 7 LOCAL MAP Columbus, OH | 6 RETAIL COORIDOR MAP 19,694 AVD 20,300 AVD S MAIN ST. Columbus, OH | 7 CONFIDENTIALITY AGREEMENT 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. 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 economy, market conditions, competition and other factors beyond the control of the Owner and Glendale Properties, Inc. dba Veritas. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, 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 documents of whatever nature independently and not rely on the contents of this Memorandum in any manner. Neither the Owner or Glendale Properties, Inc. dba Veritas, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserved 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 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. 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 Glendale Properties, Inc. dba Veritas . 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 Glendale Properties, Inc. dba Veritas. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to Glendale Properties, Inc. dba Veritas. This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and property’s suitability for your needs. Reliance on the content of this memorandum s soley at your own risk. Columbus, OH | 8.
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