REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 Derek Creviston Advisor 770.992.5112 x230 dcreviston@svn.com Del Creviston, CCIM Managing Director 770.992.5112 del.creviston@svn.com SVN CREVISTON REALTY, INC. 10929 CRABAPPLE ROAD, SUITE 201, ROSWELL, GA 30075 OFFERING MEMORANDUM
1 PROPERTY INFORMATION 3410 Essex Ave Atlanta, GA 30339 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 2
Property Summary OFFERING SUMMARY Sale Price: $25,000,000 Number Of Units: 120 Lot Size: 10 Acres Year Built: 1973 Building Size: 132,000 SF PROPERTY OVERVIEW SVN Creviston Realty, Inc. is pleased to present for sale 3410 Essex Ave, corporate owned beautiful condominium complex. Property is walking distance to Cumberland Mall, Vining's Village and Suntrust Park baseball stadium. Essex house is a gated swim tennis & fitness community. Redevelopment opportunity. PROPERTY HIGHLIGHTS $2.5 Mil per acre Gated Community Fully Entitled Zoning: Market: Submarket: R Atlanta MSA Vining's Price / SF: $189.39 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 3
Property Description PROPERTY OVERVIEW SVN Creviston Realty, Inc. is pleased to present for sale 3410 Essex Ave, corporate owned beautiful condominium complex. Property is walking distance to Cumberland Mall, Vining's Village and Suntrust Park baseball stadium. Essex house is a gated swim tennis & fitness community. Redevelopment opportunity. LOCATION OVERVIEW Located off Paper Mill Road and Hwy 41 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 4
Complete Highlights SALE HIGHLIGHTS $2.5 Mil per acre Gated Community Fully Entitled REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 5
Additional Photos REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 6
2 LOCATION INFORMATION 3410 Essex Ave Atlanta, GA 30339 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 7
Regional Map Redevelopment Opportunity -Vining's REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 8
Location Maps REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 9
Aerial Map Redevelopment Opportunity -Vining's REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 10
3 DEMOGRAPHICS 3410 Essex Ave Atlanta, GA 30339 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 11
Demographics Report 1 MILE 3 MILES 5 MILES Total population 6,358 62,229 175,600 Median age 36.0 34.6 34.7 Median age (male) 36.6 34.7 34.8 Median age (female) 35.4 34.5 34.7 Total households 3,689 31,816 81,263 Total persons per HH 1.7 2.0 2.2 Average HH income $100,180 $103,325 $105,035 Average house value $400,193 $422,639 * Demographic data derived from 2010 US Census REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 12
Demographics Map POPULATION 1 MILE 3 MILES 5 MILES 6,358 62,229 175,600 Median age 36.0 34.6 34.7 Median age (Male) 36.6 34.7 34.8 Median age (Female) 35.4 34.5 34.7 1 MILE 3 MILES 5 MILES 3,689 31,816 81,263 # of persons per HH 1.7 2.0 2.2 Average HH income $100,180 $103,325 $105,035 $400,193 $422,639 Total population HOUSEHOLDS & INCOME Total households Average house value * Demographic data derived from 2010 US Census REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 13
4 ADVISOR BIOS 3410 Essex Ave Atlanta, GA 30339 REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 14
Advisor Bio & Contact 1 DEREK CREVISTON Advisor PROFESSIONAL BACKGROUND Derek Creviston serves as advisor for SVN/Creviston Realty, Inc. specializing in the sale and lease of retail, industrial, office, and multi-family properties in the Metro Atlanta area. With over 5 years of experience in the real estate and property management industry, Creviston has worked on a variety of projects, including commercial, industrial, medical retail, and office design. Derek is currently providing brokerage services for several commercial clients. Derek has an ownership interest in SVN/Creviston Realty and started with the company managing and maintaining all types of commercial assets. Prior to joining SVN/Creviston Realty full time, Creviston worked with a durable medical equipment company managing the sale and distribution of equipment. Creviston also served as a functional trainer for Neurosport Physical Therapy in The City of Marietta, GA. Creviston played division 1 soccer at Indiana University as a two time captain and was part of the 2012 national championship team. 10929 Crabapple Road, Suite 201 Roswell, GA 30075 T 770.992.5112 x230 C 770.298.7945 dcreviston@svn.com GA #378984 Bachelor s of Exercise Science from Indiana University Psychology minor from Indiana University REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 15
Advisor Bio & Contact 2 DEL CREVISTON, CCIM Managing Director PROFESSIONAL BACKGROUND Del Creviston, CCIM Broker / R.E. Trainer serves as a senior advisor for SVN/Creviston Realty, Inc., specializing in the sale of industrial, office, retail, multi- family in the Metro Atlanta area. With over 25 years of experience in the real estate and design/build industry, Creviston has worked on a variety of projects, including commercial, industrial, medical, judicial, and mixed-used design. Prior to joining SVN, Creviston served as the director of real estate services for the Atlanta office of a national real estate developer. Creviston has provided real estate brokerage services for such notable companies as Cingular Wireless, SBC Telecom and Verizon. 10929 Crabapple Road, Suite 201 Roswell, GA 30075 T 770.992.5112 C 678.230.8541 del.creviston@svn.com GA #161898 Creviston holds the prestigious Certified Commercial Investment Member designation and is also a member of the North Fulton Chamber of Commerce, the Atlanta Commercial Board of Realtors, and the International Council of Shopping Centers. In addition, he is a member and Past Chairman of the Design Build Institute of America, Southeast chapter where he lead the chapter to become one of the fastest growing chapters in the nation. Creviston was also recently nominated to the Board of Directors of HomeStretch, a non-profit organization that places low income families in affordable housing. Bachelors of Science from Purdue University Second degree in computer science from Vincennes University. MEMBERSHIPS & AFFILIATIONS CCIM ACBR North Fulton Chamber of Commerce REDEVELOPMENT OPPORTUNITY -VINING'S 3410 ESSEX AVE ATLANTA, GA 30339 SVN Creviston Realty, Inc. Page 16
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