4,486 ±± sf free standing office/medical building · 2017-11-09 · 4,486 ±±± sf free standing...

4,486 ±±±± SF Free Standing Office/Medical Building

METRO BROKERS

Coldwell Banker Commercial

METRO BROKERS

Ben Choi

678-320-4800 OFFICE

770-241-5658 MOBILE

[email protected]

3575 Piedmont Road NE Piedmont Center Building 15, Suite 950 (9th floor) Atlanta, GA 30305

PREPARED BY:

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FOR SALE 2014 Lawrenceville-Suwanee Rd, Suwanee, GA 30024

All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to

the accuracy of the information.

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This offering has been prepared solely for informational purposes. It is designed to assist a

potential investor in determining whether it wishes to proceed with an in-depth investigation of the

subject property. While the information contained herein is from sources deemed reliable, it has not

been independently verified by the Coldwell Banker Commercial affiliate or by the Seller.

The projections and pro forma budget contained herein represent best estimates on assumptions

considered reasonable under the circumstances. No representations or warranties, expressed or

implied, are made that actual results will conform to such projections.

This document is provided subject to errors, omissions and changes in the information and is

subject to modification or withdrawal. The contents herein are confidential and are not to be

reproduced without the express written consent.

Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH

ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE.

Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable

opportunity to inspect and investigate the Property and all improvements thereon, either

independently or through agents of the buyer’s choosing.

The Seller reserves the right to withdraw the Property being marketed at any time without notice, to

reject all offers, and to accept any offer without regard to the relative price and terms of any other

offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii)

incorporated in a formal written contract of purchase and sale to be prepared by the Seller and

executed by both parties; and (iii) approved by Seller and such other parties who may have an

interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of

the contract of purchase and sale, which contract shall supersede prior discussions and writings

and shall constitute the sole agreement of the parties.

Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.

Notice: Any included income, expenses, costs, return, estimates, renovations, measurements, square footage, acreage, projections, interest rates, loan terms, property conditions, possible taxes, zoning, and other information herein may be estimated, projected, and subject to change, and/or may be limited in scope, and therefore shall not be relied upon as accurate. Any such information important to the purchaser, lessee or other parties should be independently confirmed within an applicable due diligence period. Please do not disturb the business, tenants, or sellers. This offer is subject to prior sale without notice.

CONFIDENTIALITY STATEMENT

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TABLE OF CONTENTS

Confidentiality Statement 2

Table of Contents 3

Executive Summary 4

Property Photos 5 - 7

Floor Plan 8

Maps & Aerials 9 - 11

Demographics 12 - 17

Contact Information 18

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THE PROPERTY

2014 Lawrenceville-Suwanee Road

Suwanee, GA 30024

EXECUTIVE SUMMARY

Property Type: Office/Medical

Class: A

Building Size: 4,486 ± SF

(3,849 ± SF finished)

(637 ± SF unfinished)

Land: 0.61 Acres

Number of Stories: 1

Year Built: 2004

PROPERTY SPECIFICATIONS

PRICE

TAXES

INVESTMENT HIGHLIGHTS

LOCATION HIGHLIGHTS

• Annual property tax: 2017 Tax Year: $4,903.64 ±

• *** The Property previously had 2014

Lawrenceville-Suwanee Rd, Lawrenceville, GA 30043 address *** It now has a Suwanee address

• A free-standing office/medical building

• Direct exposure from Lawrenceville-Suwanee

Road

• Excellent traffic count of approximately 33,342 ±

vehicles per day on average

• Good building visibility from Lawrenceville-

Suwanee Road

• Irreplaceable strategic real estate

• Quality exterior/interior

• Property adaptable for various professional use

• Outstanding opportunity for medical users; also

an excellent choice for various types of

professional service firms

• 2.3 ± miles SE from Interstate I-85 (Exit

111/Suwanee)

• 2.2 ± miles east of Interstate I-85 (Exit 109/Old

Peachtree Road)

• 3.1 ± miles west of Hwy 316 (Duluth Medical

center area)

• Within minutes from Gwinnett Medical Center

(Hwy 316, Duluth Hwy 120)

• Minutes from I-85 and Hwy 316

Sale Price $750,000 USD

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PROPERTY PHOTOS

Side view of the property Rear view of the property

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PROPERTY PHOTOS

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View towards heading SE of Lawrenceville-Suwanee Road towards Hwy 316 - Gwinnett Medical Center / Lawrenceville

View facing north of Lawrenceville-Suwanee Road - heading towards I-85 / Suwanee

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FLOOR PLAN

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MAPS & AERIALS

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MAPS & AERIALS

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MAPS & AERIALS

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Population 1-mi. 3-mi. 5-mi.

Total Population (US Census 2010) 10,251 64,703 166,965

Total Population (Current Year) 11,108 71,579 187,738

Total Population (Five Year Projection) 11,066 76,968 208,704

Adult Population (US Census 2010) 7,275 46,305 119,300

Adult Population (Current Year) 8,200 53,381 137,807

Adult Population (Five Year Projection) 8,388 58,927 156,057

% Female Population (US Census 2010) 50.75% 51.48% 50.86%

% Male Population (US Census 2010) 49.25% 48.52% 49.14%

% Female Population (Current Year) 50.82% 51.75% 51.36%

% Male Population (Current Year) 49.18% 48.25% 48.64%

% Female Population (Five Year Projection) 50.72% 51.68% 51.35%

% Male Population (Five Year Projection) 49.28% 48.32% 48.65%

Total Daytime Population 5,977 70,056 215,944

Population aged 16 and under (Children) 1,248 17,327 42,933

Daytime population (Age 16+) 4,729 52,729 173,011

Civilian 16+, at Workplace 2,439 31,511 127,312

Retired population (Age 65+) 635 4,593 11,879

Homemakers (Age 16+) 581 3,775 11,045

Population Mosaic (Current Year) 1-mi. 3-mi. 5-mi.

% Power Elite 0% 0% 0%

% Flourishing Families 20.6% 23.49% 23.71%

% Booming with Confidence 47.37% 19% 14.35%

% Suburban Style 2.01% 6.5% 12.87%

% Thriving Boomers 0% 0% 1.19%

% Promising Families 21.88% 24.42% 14.04%

% Young City Solos 0% 0% 4.27%

% Middle-class Melting Pot 8.15% 4.35% 4.08%

% Family Union 0% 0% 3.05%

% Autumn Years 0% 0% 0.09%

% Significant Singles 0% 2.4% 4.33%

% Blue Sky Boomers 0% 0% 0%

% Families in Motion 0% 0% 0%

% Pastoral Pride 0% 0% 0%

% Singles and Starters 0% 18% 16.45%

% Cultural Connections 0% 0% 0.38%

% Golden Year Guardians 0% 1.84% 0.85%

% Aspirational Fusion 0% 0% 0%

% Economic Challenges 0% 0% 0.35%

% Unclassified 0% 0% 0%

DEMOGRAPHICS

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Age 1-mi. 3-mi. 5-mi.

Median Age, Total 37.94 36.47 34.81

% Age 18+ 73.82% 74.58% 73.4%

% Age 55+ 21.37% 20.3% 18.9%

% Age 65+ 7.73% 7.86% 7.84%

Ethnicity 1-mi. 3-mi. 5-mi.

% White (2010 US Census, Not Hispanic/Latino) 62.01% 57.91% 53.27%

% Black/African American (2010 US Census, Not Hispanic/Latino) 17.48% 22.63% 25.51%

% American Indian & Alaska Native (2010 US Census, Not Hispanic/Latino) 0.2% 0.21% 0.22%

% Asian (2010 US Census, Not Hispanic/Latino) 17.2% 16.27% 18.04%

% Native Hawaiian / Other Pacific Islander (2010 US Census, Not Hispanic/Latino) 0.01% 0.02% 0.05%

% Some other race (2010 US Census, Not Hispanic/Latino) 0.47% 0.37% 0.39%

% Two or more races (2010 US Census, Not Hispanic/Latino) 2.65% 2.58% 2.52%

% White (2010 US Census, Hispanic/Latino) 58.23% 54.2% 52.29%

% Black/African American (2010 US Census, Hispanic/Latino) 3.22% 4.07% 4.27%

% American Indian & Alaska Native (2010 US Census, Hispanic/Latino) 0.77% 1.13% 1.26%

% Asian (2010 US Census, Hispanic/Latino) 0.56% 0.64% 0.43%

% Native Hawaiian / Other Pacific Islander (2010 US Census, Hispanic/Latino) 0.02% 0.05% 0.06%

% Some other race (2010 US Census, Hispanic/Latino) 31.24% 33.36% 35.73%

% Two or more races (2010 US Census, Hispanic/Latino) 5.97% 6.54% 5.95%

% White (Current Year, Not Hispanic/Latino) 55.14% 50.97% 45.96%

% Black/African American (Current Year, Not Hispanic/Latino) 21.45% 26.89% 29.93%

% American Indian & Alaska Native (Current Year, Not Hispanic/Latino) 0.2% 0.19% 0.19%

% Asian (Current Year, Not Hispanic/Latino) 19.33% 18.34% 20.36%

% Native Hawaiian / Other Pacific Islander (Current Year, Not Hispanic/Latino) 0.01% 0.02% 0.05%

% Some other race (Current Year, Not Hispanic/Latino) 0.57% 0.4% 0.41%

% Two or more races (Current Year, Not Hispanic/Latino) 3.31% 3.19% 3.11%

% White (Current Year), Hispanic/Latino 57.38% 53.34% 51.54%

% Black/African American (Current Year, Hispanic/Latino) 3.25% 4.31% 4.77%

% American Indian & Alaska Native (Current Year, Hispanic/Latino) 0.7% 0.99% 1.07%

% Asian (Current Year, Hispanic/Latino) 0.49% 0.63% 0.41%

% Native Hawaiian / Other Pacific Islander (Current Year, Hispanic/Latino) 0.02% 0.06% 0.07%

% Some other race (Current Year, Hispanic/Latino) 32.19% 33.95% 35.81%

% Two or more races (Current Year, Hispanic/Latino) 5.99% 6.71% 6.33%

% White (Five Year Projection, Not Hispanic/Latino) 52.18% 48.24% 43.39%

% Black/African American (Five Year Projection, Not Hispanic/Latino) 22.52% 27.8% 30.59%

% American Indian & Alaska Native (Five Year Projection, Not Hispanic/Latino) 0.19% 0.19% 0.19%

% Asian (Five Year Projection, Not Hispanic/Latino) 20.69% 19.7% 21.82%

% Native Hawaiian / Other Pacific Islander (Five Year Projection, Not

Hispanic/Latino) 0.01% 0.02% 0.05%

% Some other race (Five Year Projection, Not Hispanic/Latino) 0.59% 0.4% 0.41%

% Two or more races (Five Year Projection, Not Hispanic/Latino) 3.81% 3.66% 3.55%

DEMOGRAPHICS

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Housing and Household's 1-mi. 3-mi. 5-mi.

Land Area (Estimated Square Miles) 3.13 25.45 76.5

Total Housing Units (Current Year) 3,441 24,038 63,625

Total Households (Current Year) 3,441 23,966 62,912

Total Households (Five Year Projection) 3,541 26,602 72,074

Owner-Occupied: Owned with a mortgage or loan 2,490 14,002 33,442

Owner-Occupied: Owned free and clear 405 2,551 6,527

Renter-Occupied 546 7,412 22,943

Housing Value (Current Year) 1-mi. 3-mi. 5-mi.

Housing Value < $10,000 4 52 131

Housing Value $10,000-$14,999 1 20 101

Housing Value $15,000-$19,999 8 46 171

Housing Value $20,000-$24,999 5 30 96

Housing Value $25,000-$29,999 2 7 61

Housing Value $30,000-$34,999 5 9 49

Housing Value $35,000-$39,999 0 6 29

Housing Value $40,000-$49,999 1 29 106

Housing Value $50,000-$59,999 2 34 110

Housing Value $60,000-$69,999 14 126 345

Housing Value $70,000-$79,999 44 270 683

Housing Value $80,000-$89,999 19 193 701

Housing Value $90,000-$99,999 42 295 895

Housing Value $100,000-$124,999 161 709 2,190

Housing Value $125,000-$149,999 267 1,236 3,413

Housing Value $150,000-$174,999 287 1,557 3,685

Housing Value $175,000-$199,999 302 1,682 3,722

Housing Value $200,000-$249,999 575 3,419 7,077

Housing Value $250,000-$299,999 527 3,040 6,394

Housing Value $300,000-$399,999 365 1,955 4,778

Housing Value $400,000-$499,999 164 858 2,211

Housing Value $500,000-$749,999 83 501 1,466

Housing Value $750,000-$999,999 16 184 758

Housing Value $1,000,000 or more 1 297 798

Total Owner-occupied housing units (OOHU) 2,895 16,554 39,969

Income 1-mi. 3-mi. 5-mi.

Per Capita Income (2010 US Census, based on Total Population) $29,077 $30,239 $29,509

Per Capita Income (Current Year, based on Total Population) $30,439 $31,724 $30,820

Per Capita Income (Five Year Projection, based on Total Population) $35,195 $36,664 $35,921

Average (Mean) Household Income (Current Year) $98,249 $94,674 $91,552

Median Household Income (Current Year) $74,818 $72,539 $68,128

DEMOGRAPHICS

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% Households by Income (Current Year) 1-mi. 3-mi. 5-mi.

% Household Income < $10,000 1.57% 3.22% 4.25%

% Household Income $10,000-$14,999 1.26% 1.73% 2.43%










% Household Income $75,000-$99,999 15% 14.95% 15.15%






% Household Income $500,000+ 1.38% 1.32% 1.39%

Education 1-mi. 3-mi. 5-mi.

College undergraduate 834 5,102 11,337

Graduate or prof school 167 1,080 2,268

Educational Attainment 1-mi. 3-mi. 5-mi.

No schooling completed 66 469 1,615

Nursery to 4th grade 18 135 528

5th and 6th grade 89 393 1,180

7th and 8th grade 46 379 1,424

9th grade 68 557 2,020

10th grade 58 332 1,336

11th grade 40 359 1,383

12th grade, no diploma 110 651 2,175

High school graduate, GED 1,675 10,361 27,835

Some college, <1 year 298 2,069 5,625

Some college, 1+ years 1,101 7,293 17,656

Associate’s degree 634 4,491 10,631

Bachelor’s degree 1,947 12,989 31,988

Master’s degree 556 3,760 9,979

Professional school degree 198 941 2,134

Doctorate degree 162 763 1,757

DEMOGRAPHICS

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Consumer Expenditures 1-mi. 3-mi. 5-mi.

Total Alcoholic beverages $2,100,369 $13,589,847 $35,475,574

Total Apparel and services $6,762,415 $48,105,309 $128,444,512

Total Cash contributions $8,494,459 $55,291,100 $137,307,825

Total Education $8,291,506 $52,326,169 $125,272,375

Total Entertainment $10,113,315 $67,400,925 $167,444,206

Total Food $24,944,547 $167,766,604 $429,165,850

Total Gifts $5,858,354 $37,103,489 $87,802,917

Total Healthcare $19,741,033 $127,643,830 $317,785,883

Total Housing $73,160,198 $489,952,527 $1,233,209,840

Total Miscellaneous $2,321,908 $15,571,445 $39,175,355

Total Personal care products and services $2,222,512 $14,876,529 $37,767,379

Total Personal insurance and pensions $35,849,170 $232,761,803 $560,957,170

Total Reading $320,208 $2,134,930 $5,420,160

Total Tobacco products and smoking supplies $1,456,744 $9,771,877 $25,045,295

Total Transportation $45,986,073 $304,321,718 $769,266,241

Retail Demand by Store Type 1-mi. 3-mi. 5-mi.

Total Retail Demand $174,888,601 $1,174,311,974 $2,975,458,837

Building Material & Garden Equipment & Supply Dealers $10,484,878 $69,270,948 $169,583,907

Clothing & Clothing Accessories Stores $7,901,173 $55,918,446 $148,510,015

Electronics and Appliance Stores $3,119,309 $20,936,072 $52,700,256

Food & Beverage Stores $20,645,007 $138,405,159 $352,470,593

Food Services & Drinking Places $18,846,370 $126,063,134 $324,772,712

Furniture & Home Furnishings Stores $3,953,104 $26,408,252 $65,784,796

Gasoline stations $14,138,490 $94,340,724 $238,868,046

General Merchandise Stores $19,944,139 $135,185,689 $345,440,747

General Merchandise, Apparel and Accessories, Furniture and Other Sales $38,497,057 $262,574,275 $673,280,754

Health & Personal Care Stores $9,295,806 $61,566,421 $155,789,848

Miscellaneous Store Retailers $3,746,731 $24,901,939 $61,804,266

Motor Vehicle & Parts Dealers $43,836,360 $293,193,698 $734,927,712

Nonstore retailers $16,356,449 $110,415,162 $280,103,325

Sporting Goods, Hobby, Musical Instrument, and Book Stores $2,620,784 $17,706,330 $44,702,614

Business Summary by SIC 1-mi. 3-mi. 5-mi.

Agriculture, Forestry, & Fishing (01-09) 9 50 145

Construction (15-17) 31 242 684

Finance, Insurance, & Real Estate (60-69) 19 284 829

Manufacturing (20-39) 10 177 479

Public Administration (90-98) 0 9 65

Retail Trade (52-59) 34 557 1,523

Services (70-89) 151 1,685 4,830

Transportation, Communications, Electric, Gas, & Sanitary Services (40-49) 16 188 529

Wholesale Trade (50-51) 16 241 661

DEMOGRAPHICS

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Employment and Occupation 1-mi. 3-mi. 5-mi.

Total Civilian employed population aged 16+ (2010 US Census) 5,554 34,331 83,447

Total Civilian employed population aged 16+ (Current Year) 6,544 41,665 102,836

Total Civilian employed population aged 16+ (Five Year Projection) 6,672 45,835 116,363

% Employment by Industry (2010 US Census) 1-mi. 3-mi. 5-mi.

% Armed Forces (2010 US Census) 0.25% 0.29% 0.19%

% Civilian, Employed (2010 US Census) 94.81% 93.53% 92.5%

% Civilian, Unemployed (2010 US Census) 4.94% 6.18% 7.31%

% Not in Labor Force (2010 US Census) 24.02% 24.89% 27.87%

% Armed Forces (Current Year) 0.22% 0.26% 0.17%

% Civilian, Employed (Current Year) 96.89% 96.15% 95.65%

% Civilian, Unemployed (Current Year) 2.89% 3.59% 4.18%

% Not in Labor Force (Current Year) 21.95% 22.59% 25.36%

% Armed Forces (Five Year Projection) 0.18% 0.23% 0.14%

% Civilian, Employed (Five Year Projection) 97.49% 96.85% 96.44%

% Civilian, Unemployed (Five Year Projection) 2.33% 2.92% 3.41%

% Not in Labor Force (Five Year Projection) 22.14% 22.99% 25.83%

Transportation to Work (Current Year) 1-mi. 3-mi. 5-mi.

Total Workers 16+ 6,544 41,665 102,836

Car, truck, or van 5,811 37,360 92,521

Public transport (not taxi) 153 867 1,791

Worked at home 463 2,584 6,479

Travel Time to Work (Current Year) 1-mi. 3-mi. 5-mi.

< 5 minutes 88 480 1,524

5-9 minutes 247 2,162 6,358

10-14 minutes 798 4,869 11,128

15-19 minutes 746 5,210 12,063

20-24 minutes 753 5,015 12,209

25-29 minutes 385 2,260 5,113

30-34 minutes 884 5,000 13,885

35-39 minutes 155 1,031 2,749

40-44 minutes 353 2,257 4,994

45-59 minutes 835 5,166 12,977

60-89 minutes 628 4,262 10,213

90+ minutes 210 1,369 3,143

2016/2017 Demographics provided by Experian through Alteryx

DEMOGRAPHICS

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CONTACT INFORMATION

For more information, please contact:

Ben Choi

COLDWELL BANKER COMMERCIAL

Metro Brokers

3575 Piedmont Road N.E.

Piedmont Center

Building 15, Suite 950 (9th floor)

Atlanta, GA 30305

Phone: (678) 320-4800

Fax: (404) 495-8960

Mobile: (770) 241-5658

[email protected]

4,486 ±± sf free standing office/medical building · 2017-11-09 · 4,486 ±±± sf free standing...

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