$13.00/sq ft Full Service Hannover Park 200 Hannover Park Road Atlanta, Georgia 30350
Table of Contents The Property Property Overview 3 Property Photos 4 Area Amenities 5 Floor Plan 6 For additional information, please contact: Daniel Latshaw, CCIM, MBA Partner (404) 876-1640 x 127 DLatshaw@BullRealty.com The Market Market Analysis 8 The Team Broker Profile 9 Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 www.bullrealty.com 2 of 9 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in in scope, and therefore
Property Overview Executive Summary Bull Realty is pleased to present +/- 2,000 sq ft to +/- 25,000 sq ft of available office space in the Central Perimeter market. The available space is located within Hannover Park and is conveniently located at the intersection of Hannover Park Road and Roswell Road in north Sandy Springs. Tenant Improvement allowance available. Hannover Park has visibility along Roswell Road just south of the Chattahoochee river, surrounded by residential homes, restaurants and shopping. GA 400 is just minutes away by use of Northridge Road, giving Hannover Park easy access to major thoroughfares. The existing spaces are located within two office buildings, which are both two stories and share a beautiful courtyard, offering plenty of shade and places to sit and enjoy the fresh air. Many spaces feature large windows with views of the surrounding wooded area. The office park contains plenty of parking, and is situated on five acres of land, with gorgeous landscaping. Property Address County Available Space Lease Rate Parking Ratio Property Details 200 Hannover Park Road Atlanta, GA 30350 Fulton County Approximately 2,000 sq ft - 25,000 sq ft $13.00/sq ft Full Service 4.0/1,000 sq ft Year Built 1980 Traffic Count Over 32,160 vehicles/day The subject space is priced below average market rents for the area at $13.00/sq ft. The potential tenant and their employees benefit from the close proximity to an abundance of retail and restaurants, including Publix, Starbucks, Chick-fil-a, McDonalds, Walgreens, Wells Fargo and SunTrust Bank to name a few. Offered for LEASE at $13.00/sq ft Full Service 3 of 9
Property Photos 4 of 9
Area Amenities 1 2 3 4 5 6 7 8 9 10 11 13 12 15 14 1 North River Tavern 2 Pawn Express 3 Stars and Strikes 4 Family Dollar 5 BP 6 Bank of America 7 Aladdin s Mediterranean Grill & Deli 8 Circle Sushi 9 McDonald s 10 Starbucks 11 SunTrust Bank 12 Publix 13 Smoothie King 14 Lotus 15 Wells Fargo NOT PICTURED Tony s Sports Bar & Grill Sandy Springs Diner GA Department of Driver Services Christian Brothers Automotive Chick-fil-A Subway Three Dollar Café Moderna Atlanta Rusty Nail Pub Dunkin Donuts 5 of 9
Floor Plan - First Floor 6 of 9
Floor Plan - Second Floor 7 of 9
Market Analysis 2014 Demographics (source: ESRI) Hannover Park Below Average Rental Rates 1 mile radius 3 mile radius 5 mile radius Population 12,064 77,939 202,501 Households 5,767 32,791 83,446 Avg. Household Inc. $70,577 $92,479 $110,939 Age 34 and Under 52.2% 49.1% 45.7% Age 35-44 16.7% 15.8% 14.8% Age 45-54 11.2% 13.3% 14.3% Age 55-64 8.6% 11.0% 12.5% Male Population 47% 49% 49% Female Population 53% 51% 51% Asking Rent $/SF 17 16.5 16 15.5 15 14.5 14 13.5 13 12.5 12 Traffic Count - Vehicles Per Day (source: ESRI) Street Cross -Street Count Hannover Park Road Roswell Road 32,160 Rental rates for the Central Perimeter submarket are currently averaging $14.50 per square foot for spaces similar to Hannover Park. This average rental rate is climbing slightly over 2014. The space available at Hannover Park is priced at $13.00 per square foot, and is below the submarket average, offering a potential tenant a tremendous value. 8 of 9
Broker Profile DANIEL LATSHAW Since purchasing his first investment property in 1995, Daniel has had a passion for Atlanta real estate. During an MBA program at the Goizueta Business School at Emory University, he decided to make a career out of what started as a hobby. At Emory he was the founder and the first President of the Goizueta Real Estate Group. Upon graduating Daniel managed acquisitions for the UK's top institutional real estate investment house, ING Barings in London. Upon arrival back in Atlanta, Daniel joined Bull Realty due to the firm's innovative marketing and reputation. Daniel has since earned Partner status and a CCIM designation while being a top producer for the past 11 years at Bull Realty. He has exceeded client's expectations in hundreds of intown Atlanta projects. In his spare time Daniel enjoys time with his wife and four daughters. He is actively involved in church leadership, and is an avid surfer & wakeboarder. Daniel Latshaw, CCIM, MBA Partner (404) 876-1640 x 127 DLatshaw@BullRealty.com Bull Realty is a U.S. commercial real estate sales, leasing and advisory firm headquartered in Atlanta. The firm was founded in 1998 with two primary missions: grow a company of brokers known for integrity, and provide the best disposition marketing in the nation. Commercial real estate services include acquisition, disposition, project leasing, tenant representation and advisory services. Areas of expertise include office, retail, industrial, multifamily, land, healthcare, single tenant net lease, special asset, selfstorage and automotive properties. Disposition services for appropriate properties can include exposure on up to 415 websites, 17 marketing systems and 4 to 6 e-marketing systems. Additional disposition and lease marketing services may include video, social media, auctions and national radio exposure. The firm hosts the Commercial Real Estate Show, a nationally syndicated talk show about commercial real estate. The weekly show has been on the air for over 4 years. The show is nationally syndicated on 40+ radio stations and is available on itunes and the show website CREshow.com. Bull Realty is licensed in nine southeast states and works with affiliates from all over the country. 9 of 9