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This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
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FINANCIAL OVERVIEW
Base Rent $273,276
Utility Reimbursements $1,800
Landscaping ($1,440)
Insurance ($6,000)
Property Taxes ($29,000)
Total Expenses ($36,440.00)
Net Operating Income $238,363.
ANNUALIZED OPERATING DATA
TENANTRentable Square
FeetCurrent Annual Rent Rent/SF 2019 Rent 2020 Rent
Pro Rata
Share
Lease Start
Date
Lease End
Date
Neighbors Market* 3,884 $110,910*** $22.67 $110,910 $110,910 34.88% TBD TBD
Metro PCS 1,500 $30,282 $20.19 $31,190.52 $32,126.16 13.47% 5/16/2016 6/31/2021
Wing Fest 1,750 $34,884 $19.93 $35,581.68 $36,293.28 15.72% 10/5/2015 10/4/2020
Taco Depot 1000** $30,000 N/A $30,450.00 $30,906.75 8.98% 10/16/2015 10/15/2023
American Title Loan 1,500 $33,000 $22.00 $33,600.00 $34,200.00 13.47% 9/16/2018 8/21/2021
El Guero’s Paleteria y
Panaderia1,500 $34,200 $22.80 $34,800.00 $35,400.00 13.47% 5/16/2016 5/21/2020
TOTALS 11,134 $273,276 27.93 $276,532.20 $279,836.19 100.00%
RENT ROLL
*Business Value Included
** Taco Depot is located within the Neighbors Market Service Station
*** Cash Flow from Business Operations
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
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Cash Flow From Service Station OperationsTotal Service Station Operation Expenses
Breakdown
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
INVESTMENT SUMMARY
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PROPERTY OVERVIEW
Marcus & Millichap is pleased to present this multi-tenant Exxon BrandedService Station. The property consists of a 2.33 acre parcel improved with a11,134 -square foot building and fueling canopy.
This property is currently 100% occupied by six tenants. Tenants include;Neighbors Market/Service Station, Metro PCS, Taco Depot, Wing Fest, ElGuero’s and Title Loan. The business, Neighbors Market Service Station isincluded in the sale. Neighbors Market grossed $3,000,000 in fuel anconvenience items sales with additional income from Lottery, COAM and ATMcommissions in 2017.
The property is situated in an affluent suburb of Atlanta with an averagehousehold income within 5-miles exceeding $80,000. The immediate area hasalso experienced tremendous population growth and offers traffic countsexceeding 42,000 cars per day.
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
MSA Population
547,776
MSA Population
209,271
MSA Population
824,112
MSA Population
5,884,736
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This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
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DEMOGRAPHICS
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
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OVERVIEW
ATLANTA
▪ Gross metropolitan product (GMP) and retail sales progress above national levels.
▪ The area serves as a financial hub for the Southeast. The Federal Reserve Bank of
Atlanta and SunTrust Bank are housed locally.
▪ Many companies favor Atlanta for low corporate taxes, its pro-business climate and
access to national and global markets. Among the numerous corporate headquarters are
Home Depot, Aflac and Turner Broadcast Co. Other major firms include NCR, Mercedes-
Benz, Porsche and State Farm.
DEMOGRAPHICS
METRO HIGHLIGHTS
* Forecast
Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau
ECONOMY
HEAVY CONCENTRATION OF CORPORATE HEADQUARTERS
Atlanta ranks fifth in the nation in the number of Fortune 500 headquarters with 15
companies, including UPS, Delta Airlines and Coca-Cola.
STRONG EMPLOYMENT GAINS
The metro places among the highest in the nation for job growth. Nearly 400,000 jobs
were added in the last four years.
LOW COST OF LIVING AND DOING BUSINESS ATTRACTS EMPLOYERS
A pro-business environment and affordability helped Atlanta lure new companies to the
metro.
QUALITY OF LIFE
36.1
2017MEDIAN AGE:
U.S. Median:
36.9
$59,400
2017 MEDIAN HOUSEHOLD INCOME:
U.S. Median:
$56,300
5.8M
2017POPULATION:
Growth2017-2022*:
8.8%
2.1M
2017HOUSEHOLDS:
10.9%
Growth2017-2022*:
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
McDonald’s
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
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South Chase Car Wash
Key Auto Repair
Swim Atlanta
McDonald’s
Glen Oaks
Racquet Club
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000
This information has been secured from sources we believe to believable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the informationand bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used here in are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a servicemark of Marcus & Millichap Real Estate Investment Services,Inc.©2013 Marcus & Millichap ACT ID # 0000000