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THE TY STOKES BUILDING 261-263 Walker St • Atlanta, GA 30313 1 NON- ENDORSEMENT and DISCLAIMER NOTICE

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THE TY STOKES BUILDING 261-263 Walker St • Atlanta, GA 30313 1 NON- ENDORSEMENT and DISCLAIMER NOTICE Opportunity Zone | 0.38 Acres O FFER IN G MEMO R AN DUM THE TY STOKES BUILDING 261-263 Walker St • Atlanta, GA 30313 1 NON- ENDORSEMENT AND DISCLAIMER NOTICE Confidentiality and Disclaimer The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap Real Estate Investment Services of Florida, Inc.("Marcus & Millichap") and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Non-Endorsements Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. 2 261-263 WALKER ST SW TABLE OF CONTENTS SECTION INVESTMENT OVERVIEW 01 Property Overview Regional Map Local Map Aerial Photo MARKET VALUATION 02 Valuation Summary MARKET COMPARABLES 03 Sales Comparables Rent Comparables MARKET OVERVIEW 04 Atlanta Overview Area Demographics 3 261-263 WALKER ST SW INVESTMENT OVERVIEW 4 261-263 WALKER ST SW PRICINGPRICING ANDINVESTMENTANDLOCATION VALUATIONVALUATIONTENANT OVERVIEWOVERVIEWSUMMARY MATRIXMATRIX 261-263 Walker St • Atlanta, GA 30313 Atlanta CASTLEBERRY HILL RETAIL CASTLEBERRY HILL RETAIL 5 PROPERTYPIRKLE261-263 PROPERTIESWALKER NAME ST SW PRICING ANDLOCATION VALUATIONTENANT OVERVIEWSUMMARY MATRIX Investment Highlights PRICING ANDPROPERTY VALUATION HIGHLIGHTS MATRIX Built in 1920, the recently renovated granite and brick Ty Stokes Building with adjoining art gallery and flex space is 9,295 SF (plus a 2,010 SF basement), sits on 0.38 acres in the shadow of the Mercedes Benz Stadium in the Castleberry Retail District. The 6,347 SF brick portion includes an elevator shaft (without car) and expansive rooftop deck with views of the stadium and the Atlanta skyline. The Ty Stokes Building includes 3 suites, 4 kitchens and 8 baths. Located within an Opportunity Zone, the zoning for this property is HC-20N SA1 (MIXED-USE) which allows for retail, restaurants, lounges, offices, museums, art galleries, cultural/religious facilities and multifamily dwellings. Primed for redevelopment, an additional 12,000 SF could be added to the structure creating over 21,000 SF for potential luxury apartments, condominiums, retail, office spaces or a combination of retail, business use and/or multifamily. Walkability KeyInvestmentIndicators 4-7 Minutes – No Mas! Cantina, Paschal's, Old Lady Gang (Eateries) . Opportunity Zone | PRIME LOCATION Near 7 Minutes – The Gulch Mercedes Benz Stadium, The Gulch, State Capital and Downtown CBD 9 Minutes – Merdeces-Benz Stadium 7-10 Minutes – Morehouse, Spelman, Clark Atlanta University, . 30,000 VPD at Norhtside | Walkable Location Morehouse School of Medicine | Restaurants and Retail Nearby 11 Minutes – MARTA Train Station . 104 Feet of Street Frontage | Secure & Gated Parking 12 Minutes – State Farm (formerly Philips) Arena 15 Minutes – Georgia World Congress Center . Near MARTA | Luxury Multi-Family and 5- Star Hotel Development Nearby 17-25 Minutes – Centennial Olympic Park, CNN Studios, Skyview Farris Wheel, Georgia Aquarium, Football Hall of . 61,000 Local Economy Employment Count Fame, Civil Rights Museum, World of Coca-Cola 6 1 261-263 WALKER ST SW Property & Market Photos LOCATION OVERVIEW SUBJECT PROPERTY CASTLEBERRY HILL NO MAS CANTINA BESHARAT GALLERY & RETAIL CASTLEBERYY HILL STREET RETAIL DEER LOFTS FUTURE ENFOLD APTS. WITH 115 UNITS VIEW OF THE GULCH, FORMER NORFOLK FUTURE ADAPTIVE RE-USE OF FORMER NORFOLD JOB CENTERS & SOUTHERN OPERATIONS SOUTHERN BLDG INTO MIXED USE. EVENT VENUES BLDG FROM CASTLEBERRY HILL 7 261-263 WALKER ST SW PROPERTY PHOTOS Federal Curthouse 8 261-263 WALKER ST SW PROPERTY PHOTOS 9 261-263 WALKER ST SW Proximity Aerial CORPORATE GENERATORS THE GULCH 10 261-263 WALKER ST SW Offering Summary INVESTMENT OVERVIEW ALL OFFERS WILL BE CONSIDERED OFFERING HIGHLIGHTS Marcus & Millichap is pleased to exclusively present to the market for sale this Castleberry Hill Mixed-Use property, a 9,295 SF urban property located on 0.38 acres in Atlanta’s Castleberry . 104 Feet of Frontage on Main Hill Submarket. The Property is located within walking distance from MARTA transit stations and major job centers within Atlanta’s downtown core. This property and the submarket are poised to Thoroughfare serve a millennial, urban driven demographic seeking proximity and walkability to job centers, . major event venues, retail amenities and green space. Half Mile to . Private and Public Job Centers Formerly an industrial district, the Castleberry Hill Submarket has transformed into an urban, . Major Event Venues walkable center with a half-mile radius to major market drivers. It lies directly south of Mercedes- . Atlanta University Center Benz Stadium and State Farm Arena and is within walking distance of Five Points and Garnett . Georgia State University MARTA Stations, both points of transit to downtown and midtown job centers and entertainment/tourist venues. Quarter Mile to Anticipated Mixed Use To the northeast, a series of game changing projects are planned and will create value for the Developments subject property. These are the anticipated $2 billion Gulch mixed-use development, Newport . Traffic Received from Northside Drive US RE's redevelopment of 2 million SF of downtown properties, the redevelopment of (30,000 VPD) Underground Atlanta, the Castleberry Reverb Hotel & Mixed-Use by Hard Rock, the Home Depot Backyard Park and the future development of a 1,000 room hotel at the Georgia World . Median Age of 24 Years Congress Center. Additionally, this property is within a half mile from downtown private and public job centers such . Over 68% Median Income Growth Since as CNN, the Atlanta University Center, Georgia State University and the offices of the Federal, 2000 and Anticipated Median Income State, County and Municipal governments. Growth Over 13% by 2023 11 261-263 WALKER ST SW MARKET VALUATION 12 261-263 WALKER ST SW MARKET VALUATION VALUATION SUMMARY 261-263 Walker St SW, Atlanta, GA 30313 Market Area Downtown Atlanta (Castleberry Hill Submarket) Property Type MIXED-USE, Retail, Multifamily, Office Zoning HC-20N SA1 Total Land Size 16,553 SF Total Existing Building 9,295 SF SF Values by Selling Options Valuation Calculations VALUE Building SF = 9,295 SF 9,295 SF x $200 PSF = $1,859,000 A) LAND VALUE / Value derived from market comps & conditions = $200 PSF $2,365,000 DEVELOPER 22,000 SF x $23 PSF = $506,000 Additional Developable (FAR) SF = 22,000 SF Building SF = 9,295 SF $253 PSF x 9,295 SF = B) INVESTOR SALE $2,351,635 Value derived from market comps & conditions = $253 PSF Market Pricing: $2,350,000 Comment: Valuation for Opportunity Zone Developer, User/Buyer or 1031 Buyer; Financials Available Upon Request 13 261-263 WALKER ST SW MARKET COMPARABLES 14 261-263 WALKER ST SW SALES COMPARABLES MAP 261-263 Walker St Comps (SUBJECT) 1 281-283 Peters St SW 2 476-480 Edgewood Ave SE 3 728 Monroe Dr NE 4 320 N Highland Ave NE SALES COMPARABLES 15 261-263 WALKER ST SW SALES COMPARABLES SALES COMPARABLES SALES COMPS AVG Average Price Per Square Foot $400.00 $360.00 $320.00 Avg. $276.00 $280.00 $240.00 $200.00 $160.00 $120.00 $80.00 $40.00 $0.00 261-263 281-283 476-480 728 Monroe 320 N Walker St SW Peters Edgewood Dr NE Highland St SW Ave SE Ave NE 16 261-263 WALKER ST SW SALESMARKETING COMPARABLES TEAM SALES COMPARABLES 281-283 PETERS ST SW 476-480 EDGEWOOD AVE SE 261-263 WALKER ST SW 281-283 Peters St SW, Atlanta, GA, 30313 476-480 Edgewood Ave SE, Atlanta, GA, 30312 261-263 Walker St SW, Atlanta, GA, 30313 1 2 rentpropertyname1 rentpropertyname1
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