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Home , CNN Center, Midtown Atlanta, Ponce City Market

OFFERING MEMORANDUM CHARMING FREESTANDING OFFICE | MIDTOWN | ± 3,618 SF T A B L E O F C O N T E N T S

Andy Lundsberg PROPERTY INFORMATION 3 Partner, Bull Realty [email protected] EXECUTIVE SUMMARY 5 404-876-1640 x107 PROPERTY INFORMATION 6

Michael Wess, CCIM PHOTOS 7 Partner, Bull Realty [email protected] FLOOR PLANS 12 404-876-1640 x150 AREA MAPS 13 Bull Realty, Inc. 50 Glenlake Parkway, Suite 600 IN THE AREA 15 Atlanta, GA 30328 16 BullRealty.com ABOUT THE AREA ATLANTA 17

ATLANTA TOP EMPLOYERS 18

BROKER PROFILES 19

DISCLAIMER 20

Exclusively listed by Bull Realty, Inc. C h a r m i n g F r e e s t a n d i n g O f f i c e | M i d t o w n A t l a n t a | ± 3 , 6 1 8 S F | P a g e 2 o f 2 0 P R O P E R T Y I N F O R M AT I O N

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PROPERTY DESCRIPTION This charming, freestanding office features ± 3,618 SF which includes an ± 1,142 SF open finished & well-lit terrace level which is currently vacant. This space is ideal for most office businesses that can benefit from the prime location which is walking distance to , the Atlanta BeltLine and . Midtown Promenade is also steps away with Trader Joes, and many additional restaurants and amenities conveniently nearby. The main level and second floor is leased until August 2023 by a fantastic tenant which has been in place since 2008.

Tasteful renovation of this 1920's vintage house includes gleaming hardwood floors, abundant windows, built-in cabinetry, massive 2nd-floor dormers and slate floors in bathrooms and break room. Impressive skyline views from the 2nd floor balcony.

PROPERTY HIGHLIGHTS ± 3,618 SF office space - ideal for live/work ± 1,142 SF of finished terrace level ideal for owner occupant or second tenant The main level and second floor is leased until August 2023 by a fantastic tenant which has been in place since 2008 Monument signage in front of busy Monroe Drive with 17,000+ VPD Off-street parking in rear Huge front porch. Upper and lower decks in rear with skyline views Flexible C-1 (BeltLine Overlay) zoning Excellent intown location - walking distance to Ponce City Market, The Atlanta BeltLine and Piedmont Park

$1,265,000 3,618 SF

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PROPERTY DETAILS

Property Address: 884 Monroe Drive, Atlanta, GA 30308 County: Fulton Building Size: 3,618 SF Site Size: 0.23 Acres Stories: 3 Zoning: C-1; BeltLine Overlay Year Built / Renovated: 1920s / 2020 Parking: 8 Off-street in rear Sale Price: $1,265,000

All brick exterior with large, covered patio

Walkout terrace level

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Ample surface back in rear of property

Minutes from Back patio

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Retail storefront Retail storefront

Rich interior décor One of several private rooms Many windows

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Hardwood floors throughout Galley kitchenette

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Second Story Second story with outdoor access

Additional outdoor space Currently configured for laundry facility Storage space

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Separate entrance for terrace level Open floor plan

Recessed lighting Walkout terrace level

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First Floor - Walkthrough: https://youtu.be/fK4UY0btSLk Second Floor Terrace Level- Walkthrough: https://youtu.be/6Vq--yGf5CE

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PONCE CITY MARKET Ponce City Market is a mixed-use development located in a historic building in Atlanta, with national and local retail anchors, restaurants, a , boutiques and offices, and residential units. It is located where the BeltLine crosses in the where that neighborhood touches the Virginia-Highland, Poncey Highland and Midtown.

THE ATLANTA BELTLINE The Atlanta BeltLine is a sustainable redevelopment project that provides a network of public parks, multi- use trails and transit along a historic 22-mile railroad corridor circling downtown and connecting many neighborhoods directly to each other.

PIEDMONT PARK Piedmont Park is a 211-acre park located in Midtown. It draws more than 3 million annual visitors who enjoy the park’s many amenities including fitness areas, walking trails, dog parks, farmer’s market and green space. The park also hosts many annual events and music festivals that bring visitors from all over the country.

MIDTOWN PROMENADE Midtown Promenade offers the best of city living with convenient grocers and restaurants including Trader Joes, Starbucks, Mellow Mushroom, Metro Fresh, The UPS Store, Midtown Art Cimena and more. The center was recently acquired by Asana Partners with plans for future renovation and aspirations to attract fresh tenants.

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MIDTOWN, ATLANTA

Midtown is marked by its cultural attractions, institutions of higher education, noteworthy architecture, and urban layout. The district is the center of the city’s arts scene that includes the , , the , the , the Atlanta Symphony Orchestra, the and the 14th Street Playhouse. Three well known institutions of higher education also reside in the heart of the city: Institute of Technology, John Marshall Law School, and the Atlanta division of the Savannah College of Art and Design (SCAD). Midtown contains about one-third of the city’s high-rises and some of Atlanta’s most iconic buildings, such as the Bank of America Plaza, AT&T Midtown Center, Atlantic Center and .

* Source: https://MidtownAtl.com

DEMOGRAPHICS (5-MILE)

P O P U L AT I O N M E D I A N I N C O M E M E D I A N A G E

153,570 $93,019 32.9

WA L K S C O R E M E D. H O M E P R I C E

91 (Walker's Paradise) $444,776

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BUSINESS-FRIENDLY CITY Atlanta, the capital and most populous city in Georgia, is the ninth-largest metro in the 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 TO FORTUNE 500 COMPANIES #1 Most-Traveled Airport in $270 Billion GDP in Metro- Atlanta has the third-highest concentration of Fortune 500 headquarters in the U.S., and over 75% of the the World Atlanta Fortune 1000 conduct business in the Atlanta Metropolitan Area. The city is the global headquarters of corporations such as The Coca-Cola Company, , Delta Air Lines, AT&T Mobility, UPS and Newell-Rubbermaid.

CONTINUOUS ECONOMIC DEVELOPMENT 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 WORLD-CLASS EDUCATION Atlanta Cost of Doing Business Atlanta houses several of the top higher education institutions in the United States including Georgia Institute of Technology, , Georgia State University and Kennesaw State University. ’s Technology Square is AT TRACTIONS AND TOURISM 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 Atlanta Falcons football franchise, Mercedes- Forbes 2010 & 2013 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

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TOP EMPLOYERS

EDUCATION MAJOR ATTRACTIONS

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PROFESSIONAL BACKGROUND 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 the top producer at Bull Realty for the last 7 years in a row with gross sales over $250 million over the last four 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 help you determine the right investment for you; whether you are looking to buy, lease or sell commercial real estate.

Andy graduated with honors from The Kelley School of Business at Indiana University where he received degrees in Marketing, A N D Y L U N D S B E R G 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)

PROFESSIONAL BACKGROUND 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 on UGA’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. Since 2018, Michael Wess and Andy Lundsberg teamed up and sold over $200 million in over 100 transactions.

Michael continuously attends seminars, conferences, and classes to improve his knowledge of real estate, finance, and economics. He is a M I C H A E L W E S S , C C I M pinned designee of the prestigious Certified Commercial Investment Member (CCIM) Institute, commercial real estate’s global standard for 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.

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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 to the 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 or accurate 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 the call for 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 prior written 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.

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