OFFERING MEMORANDUM GWINNETT COUNTY C-2 ZONED DEVELOPMENT SITE | 4.79 ACRES TABLE OF CONTENTS

Michael WMichael Wess, CCIMess, CCIM EXECUTIVE SUMMARY 3 PPartnerartner, Bull R, Realtyealty MWMWess@[email protected] INVESTMENT HIGHLIGHTS 4 404-876-1640 x150 PROPERTY INFORMATION 5

Andy LundsberLundsbergg SURVEY - 1760 DULUTH HIGHWAY 6 PPartnerartner, Bull R, Realtyealty ALundsberALundsberg@[email protected] SURVEY - 1768 DULUTH HIGHWAY 7 404-876-1640 x107 PARCEL MAP 8

Bull RBull Realtyealty, Inc., Inc. CURB CUTS 9 50 Glenlak50 Glenlake Pe Parkwarkwaayy, Suit, Suite 600e 600 AAtlantlantta, GA 30328a, 30328 AERIALS 10 BullRBullRealtyealty.c.comom 34 TOWNHOME CONCEPT 14

ABOUT THE AREA 15

IN THE AREA 16

DEMAND GENERATORS 17

DEMOGRAPHIC OVERVIEW 19

ATLANTA 20

BROKER PROFILE 22

DISCLAIMER 23

Exclusively listed by Bull Realty, Inc. Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 2 of 24 EXECUTIVE SUMMARY

PRPROPEROPERTY DETY DESCRIPSCRIPTIONTION KEY FIGUREFIGURESS This property is conveniently located in Lawrenceville, GA in the center of popular Gwinnett County. With an estimated 3.5 usable acres of the 4.79-acre site, and flexible C-2 zoning, this is an ideal development opportunity in a quickly growing submarket of .

Prime location near many national retailers, amenities and regional attractions including Sugarloaf 4.79-acre site with an Mills, Infinite Energy Center which hosts concerts and events, two accredited and nationally estimated 3.5 usable acres recognized colleges, easy access to I-85 and less than a 30-minute drive to Downtown Atlanta.

Ideal site for townhomes, medical/ LLOCAOCATED NETED NEARBARBYY office use, self-storage, senior living or retail

Comprised of two parcels making a medium-sized site for development

Excellent, central Gwinnett County location

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 3 of 24 INVESTMENT HIGHLIGHTS

PRPROPEROPERTYTY HIGHLIGHTHIGHLIGHTSS

• Medium sized tract in Gwinnett County between Lawrenceville and Duluth

• 4.79 acres site with an estimated 3.5 usable acres

• Frontage on both Duluth Hwy and Sugarloaf Pkwy, but two curb cuts (right-in, right-out) only on Duluth Hwy

• Townhomes, medical/office, self-storage, senior living, or build-to-suit retail/service all potential uses

• Concept plan for 34 townhomes on page 14

• Traffic counts of 28,200 vehicles per day on Duluth Highway & 34,300 vehicles per day on Sugarloaf Parkway

• C-2 zoning: https://bit.ly/3ojfu1F

Price | $1,850,000 4.79 Acres

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 4 of 24 PROPERTY INFORMATION

GENERALGENERAL

Property Address: 1760-1768 Duluth Highway, Lawrenceville, GA 30043 County: C-2

SITESITE

Site Size: 4.79 total acres; ±3.5 usable of Parcels: 2 Parcel IDs: 1760: R7073-105; 1768: R7073-001A Zoning: C-2 Townhomes, medical/office, self-storage, senior living, or Proposed Use: build-to-suit retail/service Utilities: All onsite Ingress/Egress: 2 (right-in, right-out) Topography: See page 6-7

AREAREAA

Traffic Count: 28,200 VPD Duluth Hwy; 34,300 VPD Sugarloaf Pkwy Frontage: 238' on Duluth Highway Ingress/Egress Points: 2

FINANCIALFINANCIAL

Price/Acre: $386,221 Sale Price: $1,850,000

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 5 of 24 SURVEY- 1760 DULUTH HIGHWAY

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 6 of 24 SURVEY - 1768 DULUTH HIGHWAY

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 7 of 24 PARCEL MAP

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 8 of 24 CURB CUTS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 9 of 24 AERIALS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 10 of 24 AERIALS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 11 of 24 AERIALS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 12 of 24 AERIALS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 13 of 24 34 TOWNHOME CONCEPT

CONCEPT PLAN NOTES

1. THIS CONCEPT WAS PREPARED STRICTLY AND SOLELY BASED UPON INFORMATION IDENTIFIED IN THE PLAN REFERENCES. 2. THE CONCEPT REPRESENTED HEREIN IDENTIFIES A DESIGN CONCEPT RESULTING SOLELY FROM LAYOUT PREFERENCES AND • SiteGUIDANCE will DICTATED need AND IDENTIFIED SOLELYrezoning BY THE CLIENT. THE FEASIBILITY to WITH R-TH RESPECT TO OBTAINING allowing LOCAL, a COUNTY, STATE, AND OTHER APPLICABLE APPROVALS IS NOT WARRANTED, AND CAN ONLY BE ASSESSED AFTER FURTHER EXAMINATION AND VERIFICATION OF APPLICABLE REQUIREMENTS AND THE PROCUREMENT OF ALL NECESSARY JURISDICTIONAL APPROVALS. maximum3. THIS CONCEPTUAL PLAN IS PREPAREDof FOR8 CONCEPTUAL townhomes PRESENTATION PURPOSES, ONLY, AND per IS NOT INTENDED acre TO AND (40-42 SHOULD NOT BE UTILIZED AS A ZONING AND CONSTRUCTION DOCUMENT. 4. THE EXISTING CONDITIONS SHOWN HEREON ARE BASED UPON INFORMATION THAT WAS SUPPLIED TO THE ENGINEER BY THE OWNER AND OTHERS NOT UNDER ENGINEER'S CONTROL, AT THE TIME OF PLAN PREPARATION AND MAY BE SUBJECT TO CHANGE UPON PERFORMANCE OF ADDITIONAL DUE DILIGENCE AND/OR FIELD SURVEY. townhomes5. IT IS STRONGLY RECOMMENDED THAT on A ZONING CONFORMANCEsubject ANALYSIS BE PERFORMEDoffering) TO DETERMINE AND EVALUATE IF THERE ARE ANY RESTRICTIONS AND/OR ZONING ISSUES, CONCERNS OR RESTRICTIONS THAT MAY OR COULD IMPACT THE • ConceptFEASIBILITY OF THIS PROJECTplan AS THE OWNER shows HAS DESCRIBED IT. 34 units being BULK REQUIREMENTS: ALLOWED/REQUIRED PROVIDED constructedMIN. BUILDING SETBACK on subject site’s estimated FRONT SETBACK (NORTH) 50' ≥50' SIDE SETBACK (WEST) 40' ≥40' SIDE SETBACK (EAST) 40' ≥40' usable 3.5 acresREAR SETBACK (SOUTH) 40' ≥40' MIN. LOT SIZE NONE 5.26 AC MAX. # OF UNITS 8 UNITS/ AC = 42 UNITS 34 UNITS PARKING REQUIREMENTS

• Plan includes private access68 GARAGE gate, SPACES + 68 DRIVEWAY SPACES 3 OFF STREET SPACES/ DWELLING 102 SPACES + 8 VISITOR SPACES community mailbox, and amenity=144 SPACES area MIN. PARKING SPACE DIMENSIONS 9' X 18' 9' X 18' towardsMAX. BUILDING the HEIGHT front of the35' site,≤ 35'with the majority of the townhomes towards the rear of the site • Concept plan provides for required stormwater management areas towards the rear of the site. It is believed that some of the detention for the site will be able to be exempted due to the proximity of the floodplain, but water quality and/or runoff reduction will likely be required • Concept plan suggests connecting to the existing sewer main on the other side of the stream at the rear of the site crossing the stream. It is not clear yet whether that will need to be an aerial crossing or a jack and bore under the stream H:\2020\GA203082\DRAWINGS\CONCEPTS\GA203082 - CPA 0----->LAYOUT: CONCEPT H:\2020\GA203082\DRAWINGS\CONCEPTS\GA203082 - CPA 0----->LAYOUT: CONCEPT

12/07/2020 | AZ | GA203082 | Rev A0 PROPOSED TOWNHOME DEVELOPMENT

211 PERIMETER CENTER PKWY NE, Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 1440 of1020 240 40 SUITE 425 1"= 40' ATLANTA, GEORGIA 30346 Phone: (678) 695-6800 [email protected] LAWRENCVILLE, GA 30043 | REV. A-0 ABOUT THE AREA

GGWINNETWINNETT CT COUNTYOUNTY Gwinnett is a fast-growing, international, diverse suburban destination with a growing reputation for international food and culture, a growing craft beer and brewery scene, greenspace, parks and recreational opportunities and a mix of vibrant and creative downtowns that are hubs of fresh, local dining, family friendly events, live music and open-air markets.

Gwinnett’s the home of the award-winning Infinite Energy Center, and four professional sports organizations: the , the Atlanta Gladiators, the and the PGA TOUR Mitsubishi Electric Classic. It also houses the Gwinnett Sports Commission and is the Gwinnett Film Office, working with Georgia’s booming film and television industry.

More than 285,000 people are employed by Gwinnett County businesses, which include hundreds of manufacturing and high-tech companies as well as international corporations. Indeed, in 2013, Money magazine ranked Gwinnett County #9 on its list of "where the jobs are." Gwinnett County is also home to Georgia Gwinnett College. GGC opened its doors in 2006 as the first four-year college founded in Georgia in more than 100 years, and the first four-year, public college created inthe U.S. in the 21st century.

The county's population in 2010 stood at 805,321, up more than 216,000 residents from the 2000 count of 588,448 (source: U.S. Census Bureau decennial population estimates). Gwinnett County's population is expected to reach one million residents by the year 2022.

Gwinnett has many advantages, beginning with its location and road system. The county is just 45 minutes from Hartsfield-Jackson Atlanta International Airport and 30 minutes from downtown Atlanta. Georgia Highway 316 has been extended to Athens, reducing travel time to the University of Georgia to 25 minutes. Gwinnett's infrastructure includes more than 2,750 miles of roadways to provide excellent mobility for our citizens.

* Source: https://www.gwinnettcounty.com/web/gwinnett/aboutgwinnett; https://www.exploregwinnett.org/about

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 15 of 24 IN THE AREA

DOWNTOWN DULUTH SUGARLOAF MILLS Dreamland BBQ O4W Pizza Good Word Brewing Pure Taqueria Maple Street Biscuit Truck & Tap

TPC Sugarloaf

Berkeley Hills Country Club DOWNTOWN LAWRENCEVILLE Oyster Bay Seafood Little Barn Local Republic Universal Joint Blue Rooster Bake Shop McCray's Tavern

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 16 of 24 DEMAND GENERATORS

INFINITE ENERENERGGY CENTERY CENTER Located just off of I-85 and Sugarloaf Parkway, and only 1 mile from the subject property, the Infinite Energy Center is minutes from the outside of Atlanta. The Center’s 90-acre lakefront campus can accommodate a variety of events from concerts, performances, meetings, trade shows, conventions, banquets and celebrations.

Infinite Energy Center is in the midst of several new and exciting developments. In addition to the parking decks that officially opened earlier in 2019, a 348-room Westin hotel has broken ground. Expansion of the Forum (convention center) and theater expansion will also begin soon. Infinite Energy Center (expansion plans) NANATIONALTIONAL SHOPPING DEDESITNASITNATIONSTIONS Simon Property Group, a global real estate investment trust, has two high-performing shopping malls in Gwinnett County.

Mall of Georgia features over 200 local, national and international stores including Belk, Dillard's, JCPenney, Macy's, Von Maur, Apple, Coach, H&M, Michael Kors, Pandora, Pottery Barn, Swarovski and Vans. It also attracts visitors from all over the country. Sugarloaf Mills, located only 0.25 miles from the subject property, is home to 180 stores including Saks Fifth Avenue OFF 5TH, NIKE Factory Store, LEGO Outlet, and Bass Pro Shops. It also includes an 18 screen AMC Theatres, Medieval Times Dinner & Tournament and Atlanta’s largest Dave & Buster’s. Mall of Georgia TWTWO AO ACCREDITEDCCREDITED CCOLLEOLLEGEGESS Georgia Gwinnett College (4 miles from the subject property) was founded in 2005 as a dynamic learning community. More than 12,000 students are currently enrolled with 68% being full time. GGC has an average class size of 21 students, with high faculty and technological engagement. The university provides a high-value, low-cost option for students seeking higher education.

Gwinnett Technical College (1.5 miles from the subject property) has been providing career-focused education and training for our region for more than 35 years. The college offers 140 programs – degree, diploma and certificate options – that you can finish in two years or less. Georgia Gwinnett College

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 17 of 24 DEMAND GENERATORS

WWORLDORLD CLASS HEHEALALTHCARETHCARE Located in the heart of Gwinnett, Northside Hospital Gwinnett is a Level II Trauma Center that offers nationally recognized and renowned health care services. This 353-bed hospital includes the Strickland Heart Center’s cardiovascular specialties, the Gwinnett Women's Pavilion, cancer genetic testing, and has more than 4,000 employees. The hospital is 3.5 miles from the subject property.

EEASASY AY ACCECCESS TSS TO MAO MAJORJOR INTERINTERSSTTAATETESS & AIR TRATRAVELVEL Gwinnett County is ideally located between many major thoroughfares and offers a variety transportation options. Northside Hospital Gwinnett

Easy access to Interstate 85, Georgia Highway 316 and the Gwinnett County Airport make Gwinnett County a desirable place live and work. The subject property is less than 1 mile to two I-85 ramps, 1.5 miles from GA-316 and 6 miles from Gwinnett County Airport.

There has also been push in recent years to expand MARTA into Gwinnett County. In 2019, Gwinnett County residents voted in favor of the expansion, but the plans have yet to progress into fruition.

OUTDOOR DEDESSTINATINATIONSTIONS AND FILM PRPRODUCODUCTIONTION Gwinnett County boasts some of Metro Atlanta’s greatest outdoor destinations including Gwinnett Stripers Stadium - Coolray Field Lake Lanier and the Chattahoochee River. It is also hosts many arts and entertainment options such as the Infinite Energy Center, Gwinnett Stripers, Atlanta Gladiators, Hudgens Center for the Arts and the Gwinnett History Museum.

More than 20 films (The Hunger Games, Divergent, Captain America: Civil War) and 50+ TV shows (The Walking Dead, The Vampire Diaries) have been filmed in Atlanta and the metro area, with a vast majority setting up shop in Gwinnett County. In the last year, television and film productions generated $1.68 billion in the state for wages to local workers in over 9,000 jobs.

Lake Lanier

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 18 of 24 DEMOGRAPHIC OVERVIEW

DEMOGRAPHICS

1 Mile 6,530

3 Miles 73,965

POPULATION 5 Miles 197,997

1 Mile 2,084

3 Miles 24,989

HOUSEHOLDS 5 Miles 67,754

1 Mile $68,686

3 Miles $76,967

AVG. HH INCOME 5 Miles $74,313

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 19 of 24 ATLANTA

BUSINEBUSINESSSS-FRIENDL-FRIENDLY CITYY CITY Atlanta, the capital and most populous city in Georgia, is the ninth-largest metro in the United States with over 5.9 million residents. It prides itself on its low business costs, tax-friendly environment, diverse economy and suburb quality of life. Encompassing a GDP over $270 billion, the Atlanta metropolitan area is a true “world city.”

HOME THOME TO FO FORORTUNETUNE 500 CCOMPOMPANIEANIESS #1 Most-Traveled Airport in $270 Billion GDP in Atlanta has the third-highest concentration of Fortune 500 headquarters in the U.S., and over 75% of the the World Metro-Atlanta Fortune 1000 conduct business in the Atlanta Metropolitan Area. The city is the global headquarters of corporations such as The Coca-Cola Company, The Home Depot, Delta Air Lines, AT&T Mobility, UPS and Newell-Rubbermaid.

CCONTINUOUSONTINUOUS EECCONOMICONOMIC DEVELDEVELOPMENTOPMENT The city’s continuous growth is expected to continue with recently executed or announced corporate relocations such as UPS, Mercedes-Benz, NCR, Honeywell, and General Electric. Atlanta has also become a mega center for movie production due to tax credits implemented in 2008.

17 Fortune 500 HQ in Top U.S. Metro with #1 Lowest WWORLD-CLASSORLD-CLASS EDUCAEDUCATIONTION Atlanta Cost of Doing Business Atlanta houses several of the top higher education institutions in the United States including Georgia Institute of Technology, Emory University, Georgia State University and Kennesaw State University. Georgia Tech’s Technology Square is AATTTRATRACCTIONSTIONS AND TTOURISMOURISM a R&D incubator for over 100 companies and is “one of the Attractions in Atlanta include the largest aquarium in the western hemisphere, the CNN Center, the Fox incubators changing the world.” Theater, the King Center and the new $1.5 billion home of the football franchise, -Forbes 2010 & 2013 Mercedes-Benz Stadium. Hartsfield-Jackson Atlanta International Airport is the world’s busiest airport, making the city a hub for business and tourism travelers alike.

#4 Metro Area for Largest Increase in Population, 2015-2016 -U.S. Census Bureau Population Division

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 20 of 24 ATLANTA TOP EMPLOYERS

TOP EMPLOYERS

EDUCATION MAJOR ATTRACTIONS

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 21 of 24 BROKER PROFILE

PRPROFEOFESSIONALSSIONAL BBAACKCKGRGROUNDOUND Michael Wess’ passion for the consultation and sale of commercial real estate began during his undergraduate studies at the University of Georgia. He earned a 4.0 GPA at the Terry College of Business’s real estate program, consistently ranked in the top five nationally. While there, Michael also received two other degrees in finance and international business and a minor in Spanish while participating onUGA’s rugby team and various philanthropic organizations.

Michael joined Bull Realty in 2016 and began building his brokerage practice based on integrity, superior client service, and exceptional results. In 2018 alone, Michael closed 23 transactions valued at over $25,000,000, which landed him #3 of 32 brokers at the firm. In 2019, Michael Wess and Andy Lundsberg teamed up and sold over $65 million through 34 transactions.

Michael continuously attends seminars, conferences, and classes to improve his knowledge of real estate, finance, and economics. He is a pinned designee of the prestigious Certified Commercial Investment Member (CCIM) Institute, commercial real estate’s global standard for MICHAEL WEWESS, CCIMSS, CCIM professional achievement and is an active member of the Atlanta Commercial Board of Realtors (ACBR). Partner, Bull Realty 404-876-1640 x150 Michael is also a ‘big brother’ in the Big Brothers Big Sisters organization. He enjoys spending time with family and friends exploring the [email protected] neighborhoods in and around Atlanta.

PRPROFEOFESSIONALSSIONAL BBAACKCKGRGROUNDOUND Andy Lundsberg has over 20 years of sales, marketing and commercial real estate experience. He specializes in the acquisition and disposition of multifamily and boutique retail/office type properties throughout metro-Atlanta. Andy Lundsberg is recognized as thetop producer at Bull Realty for the last 6 years in a row with gross sales close to $200 million over the last three years, and has consistently achieved the Atlanta Commercial Board of Realtors Million Dollar Club designation year after year.

Prior to his career in commercial real estate, Andy worked for a national diagnostic imaging company as director of sales and marketing, Coca Cola as a business development manager and was head of on-site sales and marketing for a condominium project with a large residential real estate firm in Atlanta. With his expertise in the real estate industry and successful sales record, he can helpyou determine the right investment for you; whether you are looking to buy, lease or sell commercial real estate.

ANDANDY LY LUNDSBERUNDSBERGG Andy graduated with honors from The Kelley School of Business at Indiana University where he received degrees in Marketing, Management and International Studies. He also studied and lived in Seville, Spain and is conversational in Spanish. Partner, Bull Realty 404-876-1640 x107 Organizations: [email protected] National Association of Realtors-Georgia Atlanta Commercial Board of Realtors Young Council of Realtors (YCR) Million Dollar Club (2008 - Present)

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 22 of 24 DISCLAIMER

Bull Realty has been retained as the exclusive listing broker to arrange the sale of the Subject Property.

This Offering Memorandum contains selected information pertaining to the Property but does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require. All financial projections are provided for general reference purposes only and are based upon assumptions relating tothe general economy, competition and other factors, which therefore, are subject to material change or variation. Prospective purchasers may not rely upon the financial projections, as they are illustrative only. An opportunity to inspect the Property will be made available to qualified prospective purchasers.

In this Offering Memorandum, certain documents, including financial information, are described in summary form and do not purport to be complete oraccurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to review independently all documents.

This Offering Memorandum is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement, suitability or advice as to the value of the Property by Bull Realty Inc. or the current Owner/Seller. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein.

Owner/Seller expressly reserve the right, at its sole discretion, to reject any or all expressions of interest or offers and/or to terminate discussions with any party at any time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offer on the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Owner/Seller and any conditions to the purchaser's obligations therein have been satisfied or waived. The Owner/Seller reserves the right to move forward with an acceptable offer prior to thecallfor offers deadline.

This Offering Memorandum may be used only by parties approved by the Broker. The Property is privately offered, and by accepting this Offering Memorandum, the party in possession hereof agrees (i) to return it if requested and (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the priorwritten authorization of Bull Realty, Inc. The terms and conditions set forth above apply to this Offering Memorandum in its entirety and all documents and other information provided in connection therewith.

Gwinnett County C-2 Zoned Development Site | 4.79 Acres | Page 23 of 24 Bull Realty, Inc. 50 Glenlake Parkway, Suite 600 Atlanta, GA 30328

MICHAEL WESS, CCIM ANDY LUNDSBERG Partner, Bull Realty Partner, Bull Realty [email protected] [email protected] 404-876-1640 x150 404-876-1640 x107

Please do not visit site without an appointment. Please do not disturb management or tenants.

Information contained herein may have been provided by the seller, landlord or other outside sources. While deemed reliable, it may be estimated, projected, limited in scope and is subject to change or inaccuracies. Pertinent information should be independently confirmed prior to lease or purchase offer or within an applicable due diligence period.