CUMBERLAND SCHOOL - ABSOLUTE NNN

Similar documents
CASH FLOWING RETAIL CENTER-ATLANTA MSA

POWDER SPRINGS APARTMENTS

POTENTIAL REDEVELOPMENT SITE

CASH-FLOWING OFFICE PARK CAP FOR SALE ATLANTA MSA

TRICKUM ROAD STAND ALONE OFFICE FOR SALE

BACK ON THE MARKET!!!!!! INDUSTRIAL PROPERTY ON COBB PARKWAY

UNIQUE LUCKIE STREET OFFICE BUILDING

MARIETTA OFFICE BUILDING

TILTED KILT SAN ANTONIO

DQ GRILL AND CHILL 1169 HAMPTON ROAD MCDONOUGH, GA Jeff Hammond, MPA Principle

ADVANCED AUTO PARTS & NATIONAL HEALTH CARE CENTER NNN

MEDLOCK BRIDGE 11,000 SF PEACHTREE CORNERS OFFICE COMPLEX

BANK OF AMERICA FINANCIAL CENTER

REDEVELOPMENT OPPORTUNITY -VINING'S

QUIET MEADOW CONDOMINIUMS

131 E MAIN BLVD CHURCH HILL, TN Kevin King BRE# Managing Director CalDRE #

FOR SALE RETAIL/OFFICE PLAZA 2544 LIBRARY RD

AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA Rob Ellsworth, CCIM Senior Advisor

INDUSTRIAL MANUFACTURING FOR SALE VETERANS MEMORIAL

Westside MHP HIGHWAY 80 WEST, Statesboro, GA 30458

4 UNIT MULTIFAMILY IN SOUTH CHICAGO

2 W BUSSE AVENUE / 34 S MAIN STREET

VALUE ADD RETAIL INVESTMENT OPPORTUNITY

MCCULLOCH BUILDING 114 NORTH GRAND AVE OKMULGEE, OK Casey Litsey Associate Advisor

MONTEZUMA APARTMENTS 317 S. MONTEZUMA STREET PRESCOTT, AZ David Benzing Advisor

DRAPER STREET APARTMENTS - 6 UNITS

COUNTRY CLUB APARTMENTS PHASE I 953 S. 23RD STREET, RICHMOND, IN 47374

42-52 N. WALLER AVENUE

HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL Paul Cawthon Vice President

4,500 SF / 1.7 ACRES / ZONED C3 / I-75 EXPOSURE / REDEVELOPMENT

LITTLE VILLAGE AUTO REPAIR W/ INCOME $540,000

COUNTRY CLUB APARTMENTS 953 S. 23RD STREET, RICHMOND, IN 47374

CLOVERDALE VILLAGE / / / NW CLOVER ROAD CONCORD, NC 28027

2321 W. NORTH 2321 W. NORTH AVENUE CHICAGO, IL Adam Napp, CCIM Vice President

41 UNITS DUPLEX STYLE 3600 A ST., WASHOUGAL, WA MULTIFAMILY PROPERTY FOR SALE. D M

COLONIAL VILLAGE APARTMENTS 1900 COLONIAL VILLAGE LANE, DAYTON, OH 45406

STONE HILL CENTER 2441 E HWY 377 GRANBURY, TX Carl Brown, CCIM, RPA Property Manager/Leasing Advisor

Commercial Real Estate. Cape Coral 7-Eleven

FOR SALE STRAWBERRY FESTIVAL MARKET 2160 MAIN STREET, MADISON, MS Overby Commercial 1808 N State St Jackson. MS Overby.

Mixed Use Office/Retail & 2 Apartments

VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO John Sheflin Senior Advisor

NORWOOD PLAZA 1848 NORWOOD PLAZA HURST, TX David Cook, SIOR, SEC Managing Director

CLASS A PROFESSIONAL OFFICE SPACE

CORNER RETAIL BUILDING FOR SALE

PORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA Jon Davis, BRE# Vice President CalDRE #

15953 N Florida Avenue, Lutz, FL 33549

WALNEY ROAD OFFICE BUILDING

I-77 FREE-STANDING BUILDING

PORTFOLIO OF 26 SINGLE FAMILY RENTALS IN HUNTSVILLE, AL

OFFICE SUITE OR LEASE

CITY VIEW 5612 SW GREEN OAKS BLVD ARLINGTON, TX Clint Montgomery, CPM, RPA VP of Management and Leasing

FREESTANDING BUILDING FOR LEASE

DAVIDSON EXECUTIVE OFFICE SUITES

TOWN CENTER BUILDING 6241 GRAND RIVER RD BRIGHTON, MI Kyle Passage Associate Advisor

PROPERTY HIGHLIGHTS. 100% Occupied Office Building. All Operating Expenses Covered by Master-Tenant. Recently Remodeled-2016.

PROPERTY OVERVIEW AVAILABLE SPACES

WEST CHESTNUT LAND 4000 BLOCK - WEST CHESTNUT EXPY SPRINGFIELD, MO Jeff Childs, SIOR, CCIM Senior Advisor x104

125 Gata Dr 125 Gata Dr, Statesboro, GA 30458

NNN DOLLAR GENERAL GREENFIELD MO

NNN SAVE-A-LOT SALE LEASEBACK

MARKET AT BELLEVUE PAD SITE THE MARKET AT BELLEVUE HATTIESBURG, MS Joshua Blackledge, CCIM Senior Advisor

CROWN POINT PLACE APARTMENTS

ANDY'S FROZEN CUSTARD 20 YR. ABSOLUTE NET

MADISON PARK 9743 EAST 12TH STREET TULSA, OK Benjamin Davis Managing Director Raymond Lord

PORT ORANGE-2.78 ACRES-ALF/ MULTI-FAMILY 639 POWERS AVE PORT ORANGE, FL 32129

Orangeburg Rental Home Porftolio 1065 Freeland Street, Orangeburg, SC 29115

OFFICE SPACE WITH OUTSIDE STORAGE FOR LEASE

WALGREENS 1051 OAK STREET NORTH AURORA, IL Dan Stewart, CCIM Managing Director

FREE-STANDING HIGHWAY RETAIL BUILDING WITH DRIVE-UP WINDOW

PROFESSIONAL OFFICE SPACE FOR LEASE - E. SUNSHINE ST.

AUBURN GRESHAM MIXED-USE 20-UNIT

SAINT LIBORY, IL DOLLAR GENERAL

295 N. FRUIT FOR SALE OR JOINT VENTURE

Milton Apartments OFFERING MEMORANDUM MILTON, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109

NORWOOD PLAZA 1848 NORWOOD PLAZA HURST, TX David Cook, SIOR, SEC Managing Director

9 ALFRED CIRCLE BEDFORD, MA Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair

16 UNIT PORTFOLIO - 3 CORNER PROPERTIES 16 Unit Multifamily Portfolio - 3 Properties, Salem, OR

INDUSTRIAL FOR SALE COMMERCIAL SERVICE/INDUSTRIAL BUILDING W/MULTIPLE SPACES. 610 N E Street, Madera, CA PROPERTY FEATURES

2529 & 2601 W. HILLSBOROUGH CG LAND-.5 ACRES

Midvale 6Plex OFFERING MEMORANDUM SEATTLE, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109

1515 E CLEVELAND AVE.

CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC Bill Steigerwald Advisor

±1,319 SF OFFICE SPACE FOR LEASE - MEDICAL MILE

5892 Orange Ave OFFERING MEMORANDUM LONG BEACH, CA OFFERING MEMORANDUM PRESENTED BY:

LEE'S PLAZA FANTASTIC INVESTMENT RETAIL PROPERTY FOR SALE th Ave, Seminole, FL 33772

GRAFTON HILL APARTMENTS 200 CENTRAL AVE & 333 SUPERIOR AVE, DAYTON, OH 45406

JIMMY CARTER BLVD

Spring St. Office Complex

MARKET AT BELLEVUE PAD SITE THE MARKET AT BELLEVUE HATTIESBURG, MS Joshua Blackledge, CCIM Senior Advisor

Commercial Real Estate. Presentation for: Muilti-Family Property NW 31st Ave Ft. Lauderdale, Fl 33313

HOLDEN BEACH MULTI-FAMILY LAND

1 GARFIELD CIRCLE 1 GARFIELD CIRCLE BURLINGTON, MA 01803

DELAND RETAIL SITES. Carl W. Lentz IV, MBA, CCIM Managing Director x103

LAKELAND HIGHWAY ACRE COMMERCIAL TRACT

PARK N SHOP - C/STORE, GAS STATION WITH SUBWAY SANDWICH

ONECommercialRE.com. Multifamily Property For Sale RICHMOND MANOR SW 117 Avenue, Miami, FL For more information, please contact:

NNN MOB - CHILDREN'S MEDICAL GROUP

HISTORIC DOWNTOWN DECATUR BUILDING

FURY'S FERRY OFFICE SPACE

SALE-LEASEBACK OPPORTUNITY

Transcription:

CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 Jeff Hammond, MPA Director of Retail Services 210.889.6819 jhammond@svn.com SVN CREVISTON REALTY, INC. 10929 CRABAPPLE ROAD, SUITE 201, ROSWELL, GA 30075 OFFERING MEMORANDUM

1 PROPERTY INFORMATION 2356 Clay Road Austell, GA 30106 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 2

Property Summary OFFERING SUMMARY Sale Price: $945,000 Cap Rate: 8.89% NOI: $84,000 Lot Size: 1.499 Acres Building Size: 19,609 SF Renovated: 2017 Market: Atlanta MSA Submarket: Austell Price / SF: $48.19 PROPERTY OVERVIEW SVN Creviston Realty, Inc. Cumberland School for sale leaseback. Said property sits on the corner at a signalized intersection of Clay Road and Flint Hill road in Austell. Cumberland School consist of 3 buildings, +/-50 Parking Spaces and a fenced in Playground. This is a 7 year sales lease back. Cumberland School Philosophy: Cumberland School is an independent Christian school that exists to challenge young people to know Jesus Christ as Savior and Lord, to adopt a biblical world view, to love others as themselves, and to grow in the knowledge and skill through academic excellence, in order that they may serve our Lord and others through their character, spiritual integrity, and leadership. Cumberland School has 4 locations, is one of the top 50 Christian Schools,accredited with ACSI, The Georgia Accreditation Commission Inc. and AdvancED Accredited SACS. https://www.cumberlandchristian.org PROPERTY HIGHLIGHTS Absolute NNN - Sales Leaseback 3 Buildings Playground CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 3

Property Description PROPERTY OVERVIEW SVN Creviston Realty, Inc. Cumberland School for sale leaseback. Said property sits on the corner at a signalized intersection of Clay Road and Flint Hill road in Austell. Cumberland School consist of 3 buildings, +/-50 Parking Spaces and a fenced in Playground. This is a 7 year sales lease back. Cumberland School Philosophy: Cumberland School is an independent Christian school that exists to challenge young people to know Jesus Christ as Savior and Lord, to adopt a biblical world view, to love others as themselves, and to grow in the knowledge and skill through academic excellence, in order that they may serve our Lord and others through their character, spiritual integrity, and leadership. Cumberland School has 4 locations, is one of the top 50 Christian Schools,accredited with ACSI, The Georgia Accreditation Commission Inc. and AdvancED Accredited SACS. https://www.cumberlandchristian.org LOCATION OVERVIEW Located at the intersection of Clay Rd SW and Flint Hill Road CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 4

Complete Highlights SALE HIGHLIGHTS Absolute NNN - Sales Leaseback 3 Buildings Playground Great Visibility CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 5

Additional Photos CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 6

2 LOCATION INFORMATION 2356 Clay Road Austell, GA 30106 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 7

Regional Map Cumberland School - Absolute NNN CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 8

Location Maps CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 9

Aerial Map Cumberland School Absolute NNN CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 10

3 FINANCIAL ANALYSIS 2356 Clay Road Austell, GA 30106 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 11

Financial Summary INVESTMENT OVERVIEW SALES LEASEBACK - 7 YEARS AVERAGE PROFORMA Price $945,000 Price per SF $48.19 CAP Rate 8.9% Cash-on-Cash Return (yr 1) 8.89 % Total Return (yr 1) $84,000 Debt Coverage Ratio - OPERATING DATA SALES LEASEBACK - 7 YEARS AVERAGE PROFORMA Gross Scheduled Income $84,000 Other Income - Total Scheduled Income $84,000 Vacancy Cost $0 Gross Income $84,000 Operating Expenses - Net Operating Income $84,000 Pre-Tax Cash Flow $84,000 FINANCING DATA SALES LEASEBACK - 7 YEARS AVERAGE PROFORMA Down Payment $945,000 Loan Amount - Debt Service - Debt Service Monthly - Principal Reduction (yr 1) - CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 12

Income & Expenses INCOME SUMMARY SALES LEASEBACK - 7 YEARS AVERAGE PROFORMA PER SF Gross Income $84,000 $4.28 EXPENSE SUMMARY SALES LEASEBACK - 7 YEARS AVERAGE PROFORMA PER SF Gross Expenses - - Net Operating Income $84,000 $4.28 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 13

Rent Roll UNIT PRICE TENANT UNIT SIZE LEASE LEASE LEASE ANNUAL % OF PER SF/ RECOVERY NAME NUMBER (SF) START END START RENT BUILDING YR TYPE COMMENTS Cumberland 19,609 07/01/18 06/30/26 Current $84,000 100.0 $4.28 Increases every year - School 7/1/2019 $71,965 $3.67 $500 6/1/2021 $78,043 $3.98 7/1/2022 $83,926 $4.28 7/1/2023 $90,005 $4.59 7/1/2024 $96,084 $4.90 7/1/2025 $101,966 $5.20 Totals/Averages 19,609 $84,000 $4.28 $0 $0 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 14

4 DEMOGRAPHICS 2356 Clay Road Austell, GA 30106 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 15

Demographics Report 1 MILE 3 MILES 5 MILES Total population 4,745 48,922 131,596 Median age 38.2 35.6 34.9 Median age (male) 36.9 34.1 33.5 Median age (female) 40.7 37.1 36.3 Total households 1,849 18,338 47,712 Total persons per HH 2.6 2.7 2.8 Average HH income $68,085 $59,737 $64,640 Average house value $145,988 $179,716 * Demographic data derived from 2010 US Census CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 16

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES 4,745 48,922 131,596 Median age 38.2 35.6 34.9 Median age (male) 36.9 34.1 33.5 Median age (Female) 40.7 37.1 36.3 1 MILE 3 MILES 5 MILES 1,849 18,338 47,712 # of persons per HH 2.6 2.7 2.8 Average HH income $68,085 $59,737 $64,640 $145,988 $179,716 Total population HOUSEHOLDS & INCOME Total households Average house value * Demographic data derived from 2010 US Census CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 17

5 ADVISOR BIOS 2356 Clay Road Austell, GA 30106 CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 18

JEFF HAMMOND, MPA Director Of Retail Services PROFESSIONAL BACKGROUND Jeff Hammond has over 20 years experience in the sale, investment, development and property management of commercial and residential real estate. He has a strong entrepreneurial drive and focuses on the bottom-line while being ever mindful of providing stellar service to clients. Jeff gained his early business experience with UPS, the global leader in logistics, packaging & specialized transportation. Here he made significant contributions as a change agent improving efficiencies, reducing costs & driving quality. Jeff s commercial real estate sales and marketing expertise lie in his ability to build strong client relationships, ensure quality service and negotiate the best terms possible to close transactions. Jeff s colleagues recognize his entrepreneurial spirit and refer to him as The Bulldog and Mr. Networker. These unique skill sets have enabled him to become a top performer in marketing commercial real estate and a leader in the sale of office, retail and industrial space. Jeff has represented large national accounts and focused on retail investments. Key accounts comprised of nationally recognized corporations including Dairy Queen, Popeyes, Tilted Kilt, Dunkin Donuts, Steak 'N Shake, Allstate, American Family Insurance, Tower Loans, 607 Investments and more. He has Increased sales revenue 100% as forecasted year-over-year (2013 compared to 2012). 10929 Crabapple Road, Suite 201 Roswell, GA 30075 T 210.889.6819 C 210.889.6819 jhammond@svn.com Also, Jeff serves as a real estate consultant for 607 Investments. 607 Investments takes retail financing and construction of a QSR's land and building ONE GIANT step beyond the norm. They provide an ALL N ONE solution that takes the banks, personal monies, and cost over runs, out of a franchisees' vocabulary. Check out www.607investments.com. Jeff is an active member of numerous real estate associations, is a CCIM Candidate, and was elected as the 2013 President of the St. Charles Real Estate Association in St. Charles, MO. EDUCATION University of North Carolina Charlotte Bachelor s in Political Science Master of Public Administration Mike Lipsey School of Real Estate Dale Carnegie School of Excellence Andrew Lacey Group Real Estate Coaching Over 1,000 hours in real estate classroom training MEMBERSHIPS & AFFILIATIONS Licensed Real Estate Broker in Georgia, Florida, Missouri and Illinois Professional with over 20 years helping clients with their Commercial Real Estate needs. CUMBERLAND SCHOOL - ABSOLUTE NNN 2356 CLAY ROAD AUSTELL, GA 30106 SVN Creviston Realty, Inc. Page 19

10929 Crabapple Road, Suite 201 Roswell, GA 30075 210.889.6819 www.svn.com All SVN Offices Independently Owned & Operated 2018 All Right Reserved