926 BRADY AT WEST MIDTOWN
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- Florence McCarthy
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1 926 Brady Avenue Atlanta, GA RENDERING PRESENTED BY: GA # PROPERTY HIGHLIGHTS West Midtown ground lease opportunity Surrounded by new residential, office and retail 19,089 SF+- parcel zoned I-2 Possible reuse of walls to maximize the site Potential below grade parking All SVN Offices Independently Owned & Operated.
2 OVERVIEWVIEW GROUND LEASE TERM: 20 Years PROPERTY DESCRIPTION This highly visible corner site, already zoned for residential, office, showroom, retail, restaurant and entertainment uses is available on a long-term ground lease in order to accommodate redevelopment. The 19,089 square foot rectangular parcel is improved with a brick and poured concrete warehouse constructed on the property lines with two levels: at grade with Marietta Street \ Brady Avenue, plus one level below and at grade with CSX railroad. GROUND LEASE RENT: Inquire SIZE: 19,089 ZONING: I-2 Heavy Indus. CROSS STREET: Marietta Street One approach to maximizing use of the site is to retain the existing walls built on the property lines and construct two levels of parking on both the street and lower level. One parking study accommodates 80 vehicles adequate for a total of 24,000 square feet of office built above the parking on upper floors, offering unparalleled views of the Atlanta skyline. The immediate neighborhood has stable mixed uses suggesting the property will support a number of similar purposes. The adjacent Stockyards Atlanta, a new 140,000 SF+ mixed use development under construction, is successfully pre-leased for office, showroom, restaurant and entertainment uses. National tenants include advertising businesses Fitzgerald & Co. and Momentum Worldwide, the co-working business Industrious, showroom for Mannington Flooring, and Concentrics restaurant s The Painted Duck dining and entertainment. Directly across from the site is The Brady apartments completed in 2016 with 230 bedrooms and 3 restaurants including the Optimist. Within one block is the BrickWorks at Midtown West, mixed use complex with 150,000 SF+ fully occupied office, showroom, retail and restaurant space including Facebook, Interface flooring and 5 Seasons Brewing.
3 GROUND LEASE DEVELOPMENT MA MAT TTHEW LEVIN, C CCIM CIM GA # All SVN Offices Independently Owned & Operated. svniac. vniac.c com
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5 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 19, , ,362 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 3,991 56, ,396 # OF PERSONS PER HH AVERAGE HH INCOME $54,922 $73,118 $81,958 AVERAGE HOUSE VALUE $129,653 $329,976 $389,712
6 Matthew Levin, CCIM SVN Interstate Brokers Matthew J. Levin, CCIM, serves as a for Sperry Van Ness, focusing on the sale and leasing of retail, office and industrial properties. With over 20 years experience in the real estate industry, he has completed over 250 transactions valued at $130 million. Levin is a multi-year recipient of the Partner Circle Award, Sperry Van Ness' highest recognition, and consistently performs in the top ten percent of advisors nationally. Prior to joining Sperry Van Ness, Levin served as President of Dekalb Realty Company. Previously, he served as a $250 million Commercial Real Estate Non-Performing Loan Portfolio Manager for the Federal Deposit Insurance Corporation (FDIC). GA # Phone: x3 Fax: Cell: Address: 3300 Holcomb Bridge Rd, Ste 240 Peachtree Corners, GA Levin is a life million dollar club member of the Atlanta Commercial Board of Realtors. He is past chairman of the Scholarship Committee of the Georgia Chapter of CCIM and past president of the Georgia State University, Real Estate Alumni Group. He received his Bachelor of Arts from Emory University and Master of Science degree in Real Estate from Georgia State University.
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