northwinds summit alpharetta, georgia bank owned office ...northwinds summit is located two miles...
TRANSCRIPT
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Northwinds Summit
Bank Owned Office Property
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Table of Contents
Executive Summary
Photos
Floor Plan
Location Aerial
Surrounding Retail Map
Location Map
Demographics and Traffic Count
About the Area
Broker Profile
Confidentiality Agreement
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For more information, please contact:
Sean Williams
V.P. National Office Group
(404) 876-1640 x 126
Bull Realty, Inc.
50 Glenlake Parkway
Suite 600
Atlanta, GA 30328
www.BullRealty.com
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Executive Summary
Northwinds Summit Bank Owned Office Property
Property Address 7905 Westside Parkway
Alpharetta, GA 30009
County Fulton
Property Size +/- 20,132 sq ft | +/- 1.56 acres
Property Type Office Building
Year Built 2009
Occupancy 25%
Traffic Count Over 30,000 cars per day
at Westside Parkway and Haynes Bridge Road
Parking Ratio 5/1,000 sq ft
Current NOI $38,416.86
2014 Taxes $30,393
Zoning C-1
Northwinds Summit is presented for sale for the first time since construction. This bank owned asset offers an excellent opportunity for an owner-user to leverage off the in-place income of the existing tenant in approximately 25% of the building for the next 10 years, while occupying or leasing the remaining approximately 15,000 square feet. Featuring brick and glass construction, Northwinds Summit includes well-appointed common areas, elevator, impressive entrance lobby with marble floor and open stair-way, card key security, and provides an exceptional parking ratio of 5/1,000 per square foot. Surrounded by upscale housing and outstanding restaurants and shopping venues including Avalon, Northwinds Summit is positioned to be one of the premier proper-ties in the area for many years.
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia
Representative Photo
Photos
Front of Building Side of Building with Additional Parking Building Has +/- 10,000 sq ft per Floor
Ample Parking Surrounds Building Impressive Exterior Features Side Parking Area
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia
Representative Photo
Photos
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Floor Plan - First Floor
Floor plan is not drawn to scale and is to be used for illustration purposes only.
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia
Representative Photo
Floor Plan - Second Floor
Occupied
Floor plan is not drawn to scale and is to be used for illustration purposes only.
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Location Aerial
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Surrounding Retail Map
Northwinds Summit
Wills Park
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia
Representative Photo
Location Maps
Directions from Atlanta: GA-400 North to exit 9 Haynes Bridge Road and turn left. Go 1/2 mile, turn right on Westside Parkway. Travel 1/2 mile, property on right.
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia
2015 Demographics (Esri)
1 mile
Population 4,487
Households 2,350
Average Household Income $72,953
3 mile
Population 64,738
Households 25,175
Average Household Income $111,585
5 mile
Population 186,936
Households 71,074
Average Household Income $120,963
Demographics & Traffic Count
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia About The Area
Located just 1/2 mile north of Northwinds Summit is AVALON, a new $600 million mixed use development on 86 acres at the
intersection of Westside Parkway and Old Milton Parkway, offering ample shopping, dining, hotel and housing opening Fall 2013.
Topping the list at #1 by Forbes Magazine in their article “America’s 25 Best Places to Move”, Alpharetta enjoys all of the perks of Atlan-ta (22 miles south) without the big city hassles. Some facts from the City of Alpharetta: More than 3,600 companies currently operate in Alpharetta, from corporate campuses of global leaders to small family-owned shops, these businesses have enjoyed strong returns in their Alpharetta investment. Today Alpharetta businesses employ more than 120,000 people, nearly 70,000 of which were created in the last five years. In the heart of the largest fiber-linked network in the United States, Alpharetta has been catapulted into the national spotlight by publi-cations such as USA Today and Yahoo! Internet Life as one of the leading locations for technology-focused businesses. Quant down-town, executive neighborhoods, and plush amenities combine to make Alpharetta an excellent choice for any business. Northwinds Summit is located two miles from Downtown Alpharetta, straight up Haynes Bridge Road.
North Point Mall is a regional 1,370,000 Square Foot Shopping Mall, located less than 1.5 miles to the south of Northwinds Summit. One of the few malls in the country with five anchor stores– Dillard’s, JCPenny, Macy’s, Sears and Van Maur– and restaurants such as California Pizza Kitchen and The Cheesecake Factory, North Point Mall offers exceptional shopping and dining within a very short drive.
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Broker Profile
SEAN WILLIAMS
Sean Williams is a commercial real estate broker with vast experience in several property types including retail, industrial, and office properties. His specialty is providing value for institutional investors and corporate users of office properties. Since 2004 Sean has sold and leased substantial properties and land in the Atlanta MSA and Georgia.
Each corporate user’s needs are unique. Sean studies corporate trends and specific needs- both initially and for the long term- to ensure the user’s ability to establish and maintain long term success. As a native and life-time resident of Atlanta, Sean has nearly half a century of history and first-hand knowledge of real estate in Atlanta and the southeastern region.
twitter.com/mseanwilliams linkedin.com/pub/sean-williams/9/395/423
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, self-storage, automotive and daycare 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.
Sean Williams V.P. National Office Group (404) 876-1640 x126 [email protected] Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328
1-800-FLOWERS
Century Trade Show Services
Cobb Pediatric Therapy Services
IndustryPro
EZ Pawn
Center for Allergy & Asthma
Southern Playgrounds
DSI Renal Kennesaw
Barrett Court
DynamiX Web Design
IP Communications
Weber Law
Precision Fabrics
Byram Healthcare
QuikTrip Corporation
The Walk at Mars Hill
Areté
Woodpark Medical Office
Northwinds Summit
Milan Eye Center
The Eclipse Buckhead
Adaptive Learning Center
Alpharetta Medical Group
Davis & Church Engineering
Springer CPA
Erickson Advisors
Robert Perry Law
jobTopia
Some of Sean’s recent clients & projects include:
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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 scope,
and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Northwinds Summit
Alpharetta, Georgia Confidentiality Agreement
This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party (“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker Bull Realty Incorporated (“Broker”). Now therefore in consideration of the privileges granted to Receiving Party with respect to receiving certain confidential information, and other good and valuable consideration, the Receiving Party hereby agrees to the following: I. Confidential Information: Receiving Party will receive confidential information regarding property referred to as 7905 Westside Parkway . Prospect agrees to not disclose to any person that the property may be available for sale or lease, or that discussions or negotiations are taking place concerning the property, n or any terms, conditions, or other facts with respect to the property, including but not limited to tenant information, lease rates, lease expirations, income and expenses, and any such possible purchase, including the status thereof. The term “person” used in this agreement shall be interpret-ed broadly and shall include, without limitation, any corporation, company, partnership or individual other than parties to which Broker approves in writing. Receiving Party may share information with directors, officers, employees, agents, affiliates, counsel, lending sources, accountants or representatives of Receiving Party that Receiving Party notifies of the requirements of this Agree-ment. Receiving Party agrees to not contact the property owner, the management, the tenants, the lender, the vendors, the insurers, the employees or the customers of any business at the site. II. Acting as a Principal: Receiving Party hereby warrants that it is acting as a principal only, and not as a broker, regarding this contemplated transaction. Receiving Party acknowledges that Broker is working an agency capacity as representing the Seller only in this transaction and is the only Broker involved in this potential transaction. Receiving Party agrees to not be involved in any arrangement to lease or purchase the property, in whole or in part, as a lender, partner, buyer of the note, buy in foreclosure, buy from bankruptcy court, or in any other manner acquire an investment in, joint venture or control of the property, unless Bull Realty, Incorporated is paid a commission at closing as per separate agreement with Seller. This agreement will expire two years from the date hereof. III. Governing Law This Agreement shall be governed and construed in accordance with the laws of the State of Georgia.
Accepted and agreed to this _______ day of ___________________, 2015.
Receiving Party
Signature ___________________________________________________________________
Printed Name _______________________________________________________________
Title _______________________________________________________________________
Company Name _____________________________________________________________
Address ____________________________________________________________________
____________________________________________________________________
You may return the executed agreement by fax (404) 876-7073 or email [email protected] Bull Realty, Inc. | 50 Glenlake Parkway, Suite 600 | Atlanta, GA 30328
Bull Realty GA license #20209
Email ______________________________________________________________________
Phone _____________________________________________________________________
Fax ________________________________________________________________________
Broker
Signature ___________________________________________________________________
Printed Name ________________________________________________________________