FORECLOSED DEVELOPMENT LAND Piedmont Henry Hospital Development Site Henry County Gardner Water Reservoir +/- 17.5 acre Site in Henry County, Georgia
Table of Contents Executive Summary Survey Location Aerial and Map Demographics About The Area Broker Profile 3 4 5 6 7 8 For additional information, please contact: John DeYonker V.P. Land & Developer Services (404) 876-1640 x 142 JDeYonker@BullRealty.com Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 www.bullrealty.com P 2 of 8
Executive Summary Development Land Property Address Bill Gardner Parkway Locust Grove, GA 30248 Bull Realty is pleased to offer this approximately 17.5 acre tract zoned PD as part of the approved Strong Rock DRI. This site has frontage on Interstate 75 with traffic counts over 90,000 cars per day. The property is adjacent to the Piedmont Henry Hospital property and under the approved DRI is designated for medical office space and a nursing care/assisted living facility. Easy access to I-75, just off of exit 212, shopping and restaurants makes this a very convenient development tract. County Henry Lot Size +/- 17.5 acres Zoning PD Type Development Land Sale Price $1,050,000 P 3 of 8
Development Land Tract Survey P 4 of 8
Location Aerial and Map P 5 of 8
Demographics 2013 Demographics (STDB) 1 mile Population 2,296 Households 752 Average Household Income $87,018 3 mile Population 12,018 Households 3,975 Average Household Income $77,901 5 mile Population 29,597 Households 9,893 Average Household Income $75,257 P 6 of 8
About The Area Locust Grove, Georgia The City of Locust Grove is located along I-75 at Exit 212 (Bill Gardner Parkway), with access to State Route 42 (US Highway 23) and other major roads connecting the city to Atlanta, Macon, Griffin, Jackson and other areas of Henry County. The city is located about 35 miles southeast of downtown Atlanta and about 30 miles from Hartsfield-Jackson International Airport, the world's busiest airport. The second-most traveled route is the connecting road between I-75 and Highway 42 (Bill Gardner Parkway), with the 5-lane section topping 23,000 vehicles on an average day. Plans are underway to expand Bill Gardner Parkway from 2 lanes to 4/6 lanes on the west side of I-75 towards Highway 155 and towards the City of Hampton and the Henry County Airport, currently being expanded to over 5,000 feet to incorporate private and corporate jets in addition to the existing general aviation facilities. The City of Locust Grove historically was a center for large agricultural concerns with such products as cotton and peaches. Now businesses are more diversified, with industrial, warehousing, retail, medical and government services the primary sectors of the local economy. As typical with a bedroom community, the bulk of city residents commute into the greater Atlanta region for work. As the South Henry area continues to grow, however, the city will likely become a job-rich area for retail and service industries. Major employers include Tanger Outlet Center (over 4 million visitors annually), Walmart #5709 (opened March 16, 2011), Smead Manufacturing, Sims Superior Seating, Southern Pine Flooring, Strong Rock Christian Schools, Henry County Board of Education, the City of Locust Grove, Ingles grocery store, and various other important small but important businesses and medical services. Future developments include a 5,700 square foot Generation III Prototype QuikTrip travel center and a future South Campus of Piedmont-Henry Medical Center. Locust Grove has experienced tremendous growth in population and in businesses coming into the area. Since 2000, the city expanded its boundaries by more than 400%, increasing from 2.2 square miles to now over 10.8 square miles, growing in each direction from the original town limits. Due to sound investments in water and sewer resources, the city also has more than doubled since 2000, to an official 2010 Census figure of 5,402 residents with in the immediate ability of existing development to easily surpass 10,000 once the economic conditions recover fully. P 7 of 8
Broker Profile JOHN DEYONKER John DeYonker has been selling and developing real estate in the Atlanta area for the past 20 years, 15 years as Managing Broker of his own real estate brokerage and development company. Mr. DeYonker joined Bull Realty in 2008 to provide his clients a marketing platform proven to maximize asset value in this economic cycle. The Atlanta Commercial Board of Realtors named John the #5 land broker for 2009, the #4 land broker for 2010, and again in 2012 he was recognized as a top 10 producing land broker. John uses his experience in land sales, commercial acquisitions and development skills to add value to his clients real estate transactions. John DeYonker V.P. Land & Developer Group (404) 876-1640 x 142 JDeYonker@BullRealty.com Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 Originally from the state of Michigan, John received a B.A. in Business Administration from Michigan State University and has called Atlanta home since 1983. He currently resides in North Buckhead with his wife and two sons. John spends much of his free time coaching and watching his two sons in their sports endeavors while also serving as a director on the Baseball Committee at the Northside Youth Organization. John is a member of the National Association of Realtors, the Atlanta Commercial Board of Realtors, and the Urban Land Institute. 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 that drive decisions every day: to grow a company known for stellar integrity and provide the best commercial real estate 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, self-storage and daycare properties. Disposition services for appropriate properties can include exposure on up to 375 websites, 17 marketing systems and 4 to 7 e-marketing systems. Additional disposition and lease marketing services include video, social media, auctions and national radio exposure. The firm hosts the Commercial Real Estate Show, a nationally syndicated talk radio show about commercial real estate. The weekly show has been on the air for over 3 years. The show is allocated on 11 radio stations throughout the country, also on itunes and the show website CREshow.com. Bull Realty is licensed in nine southeast states and works with firm affiliates all over the country. P 8 of 8