SOLD
75
411
411
61
Aub
rey
Lake
Cass White Road
Cass Pin e Lo
g Ro ad
Aubrey Road
296
293293
296
TellusScienceMuseum
CassHigh
School±782 ACRES
±782 ACRES COMMERCIAL/INDUSTRIAL INTERSTATE 75, CARTERSVILLE, GA SELLER WILL CONSIDER SUBDIVIDINGBartow County, GA
OFFERING MEMORANDUM
Capital Markets | Land Services Group
© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT
CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.
This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.
This Memorandum contains selected information pertaining to the Property and does not purport to be
a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.
Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.
The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.
CBRE is representing the Seller, not the Purchaser, in this transaction and will be paid by the Seller, not the Purchaser. Any cooperating Broker shall have written exclusive authorization from Purchaser and co-op commission, if any, to be paid by purchaser.
By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.
If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.
± 7 8 2 A C R E S
TABLE OF CONTENTS
01 PROPERTY OVERVIEW
02 MARKET OVERVIEW
03 LOCATION MAP
05 AERIAL VIEWS
07 SURVEY
08 UTILITY MAP
09 TOPOGRAPHY MAP
10 AB RAIL MAP
CONTACT USSCOTT MCGREGORExecutive Vice President+1 404 783 [email protected]
JOHN HAYNESFirst Vice President+1 404 354 [email protected]
JAMIE SMITHSONAssociate+1 770 561 [email protected]
CBRE3280 Peachtree RoadSuite 1400Atlanta, GA 30305+1 404 504 7900www.cbre.us
TODD BARTONFirst Vice President+1 404 923 [email protected]
MARK HAWKSFirst Vice President+1 404 504 [email protected]
MIKE GOELLNERBroker / Consultant+1 314 341 [email protected]
property Overview
Property Summary
Map
Aerial
02
ca
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sv
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su
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pro
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PROPERTY OVERVIEW
± 7 8 2 A C R E S
1P R O P E R T Y O V E R V I E W
PROPERTY OVERVIEW
PROPERTY DESCRIPTION
CBRE is pleased to present the exclusive opportunity to acquire ±782 acres of commercial/industrial land in Cartersville, Georgia. The surplus land site is contiguous to the current Anheuser Busch Brewery and is located just east of Interstate 75 along Cassville White Road and Busch Drive. The site is strategically located within the northwest industrial submarket of Atlanta, one of the most underserved distribution trade areas in the region. Potential exist to yield multiple development pads.
+ Address 100 Busch Drive, NE Cartersville, GA 30184 Municipality: Bartow County / City of Cartersville
+ Property Size ±782 acres
+ Zoning Bartow County: B-P/I-2/C-1, City of Cartersville: General Commercial (G-C), Heavy Industrial (H-I) and Business Park Overlay District
+ Utilities All utilities available subject to independent verification
+ Traffic Counts Interstate 75 - 51,000+ U.S. Highway 411 - 10,300+
Ch a ahoochee Ri
ver
Ch a ahoochee Ri
ver
Ch a ahoochee Ri
ver
Ch a ahoochee Ri
ver
BullSluiceLake
Lake Allatoona
Cha ahoochee Rive
r
Etowah River
Cha ahoochee Rive
r
Fulton
Douglas
Paulding
Cobb
Fors
ythCherokee
Bartow
Polk
Haralson
Carroll
Floyd
MARIETTAMARIETTAMARIETTAMARIETTA
SMYRNASMYRNASMYRNASMYRNA
CHAMBLEECHAMBLEECHAMBLEECHAMBLEE
DUNWOODYDUNWOODYDUNWOODYDUNWOODY
ROSWELLROSWELLROSWELLROSWELL
DORAVILLEDORAVILLEDORAVILLEDORAVILLE
DECATURDECATURDECATURDECATUR
EASTPOINTEAST
POINTEAST
POINTEAST
POINT
BROOKHAVENBROOKHAVENBROOKHAVENBROOKHAVEN
ALPHARETTAALPHARETTAALPHARETTAALPHARETTA
KENNESAWKENNESAWKENNESAWKENNESAW
ATLANTAATLANTAATLANTAATLANTA
VILLA RICAVILLA RICAVILLA RICAVILLA RICA
DOUGLASVILLEDOUGLASVILLEDOUGLASVILLEDOUGLASVILLE
AUSTELLAUSTELLAUSTELLAUSTELL
POWDERSPRINGSPOWDERSPRINGSPOWDERSPRINGSPOWDERSPRINGS
HIRAMHIRAMHIRAMHIRAM
DALLASDALLASDALLASDALLAS
WOODSTOCKWOODSTOCKWOODSTOCKWOODSTOCK
MOUNTAIN PARKMOUNTAIN PARKMOUNTAIN PARKMOUNTAIN PARK
ACWORTHACWORTHACWORTHACWORTH
EMERSONEMERSONEMERSONEMERSON
CARTERSVILLECARTERSVILLECARTERSVILLECARTERSVILLE
ADAIRSVILLEADAIRSVILLEADAIRSVILLEADAIRSVILLE
WHITEWHITEWHITEWHITE
WALESKAWALESKAWALESKAWALESKA
HOLLY SPRINGSHOLLY SPRINGSHOLLY SPRINGSHOLLY SPRINGS
BALL GROUNDBALL GROUNDBALL GROUNDBALL GROUND
CANTONCANTONCANTONCANTON
BUCHANANBUCHANANBUCHANANBUCHANAN
BREMENBREMENBREMENBREMEN
ARAGONARAGONARAGONARAGON
CEDARTOWNCEDARTOWNCEDARTOWNCEDARTOWN
EUHARLEEEUHARLEEEUHARLEEEUHARLEE
CAVE SPRINGSCAVE SPRINGSCAVE SPRINGSCAVE SPRINGS
ROMEROMEROMEROME
ROCMARTROCMARTROCMARTROCMART
MARIETTA
SMYRNA
CHAMBLEE
DUNWOODY
ROSWELL
DORAVILLE
DECATUR
EASTPOINT
BROOKHAVEN
ALPHARETTA
KENNESAW
ATLANTA
VILLA RICA
DOUGLASVILLE
AUSTELL
POWDERSPRINGS
HIRAM
DALLAS
WOODSTOCK
MOUNTAIN PARK
ACWORTH
EMERSON
CARTERSVILLE
ADAIRSVILLE
WHITE
WALESKA
HOLLY SPRINGS
BALL GROUND
CANTON
BUCHANAN
BREMEN
ARAGON
CEDARTOWN
EUHARLEE
CAVE SPRINGS
ROME
ROCMART
23
154
41
19
2329
278
27
27
27
411
411
411
7878 78
7878
41
41
41
41
41
29
29
23
23
278
278
278278
278
19
9
5
5
20
2020 20
61
61
61
70
92
92
92 92
92
101
120
120
120
120
120
120
140
140
140
140140
141
154
154
113
108
108
139
280
260
100
100
293
175
350
369
400
400
372
285
285
75
75
75
75
75
85
85
20
20
20
575
575±782 ACRES
2 M A R K E T O V E R V I E W
MARKET OVERVIEW
+ Appalachian Regional Port in Chatsworth, Georgia To be completed by summer 2018. The location provides easy access to Interstate 75 and will allow cargo to be shipped to and from Savannah without having to drive through Atlanta on a truck. It is estimated to offset more than 355 truck miles on Georgia Highways
+ Lidl Distribution Center in Cartersville, Georgia A major German grocery store (with over 10,000 stores across 28 countries) has announced that it will open a regional headquarters and distribution center in Cartersville, Georgia. This will be a $100 million investment and create 250 jobs.
+ Northwest Stats:
− Northwest Atlanta has had 1,000,144 SF of net absorption through Q2 2017. This is the 3rd highest of all submarkets
− 6.5% vacancy rate – 2nd lowest of the 4 largest submarkets behind I-20 West/Fulton Industrial
− $5.69 NNN average asking rate – highest of the 4 largest submarkets
+ Activity in Buildings Delivered since 2016:
− 371 Cassville White Road – Zep BTS 592,800 SF
− 1095 Cass White Road – Surya Rugs BTS 1,036,000 SF (370,000 SF for lease)
− 1 Constellium Drive – Constellium BTS 135,000 SF
− 1096 Cass White Road – Beaulieu USA BTS 500,000 SF
− 7195 Highway 140 – Shaw Industries BTS 671,112 SF
− 1300 Cherokee Parkway – Inalfa Roof Systems BTS 105,000 SF
− Cherokee Commerce Center – Vanderlande leased 172,000 SF
− Cherokee Commerce Center – Papa Johns leased 110,000 SF
− 1500 Cherokee Parkway – ThyssenKrup & Acclaim Lighting (leased 169,000 SF and 135,000 SF)
− Cherokee 75 Business Center – 312,500 SF – Core5 (Under Construction)
+ Proposed Buildings:
− Cassville-White Logistics Park – 769,460 SF – Panattoni
− Georgia North Industrial Park – 1,000,600 SF – Panattoni
− Spring Place Logistics Park – 1,000,000 SF – Panattoni
± 7 8 2 A C R E S
3P R O P E R T Y M A P
46
22
400
400372
140
141
141
369
92
92
92
92
92
53
5353
5353
53
53
202020
20
52
5252
183
60
60
5
5
5
515
515
100
100
100
100114
157
48
71
136136
136136
151
225
293
113
10161
61
61
120
120
166
154
280
34
34
345474
74
74 7474
16
16 16
16 1616
16
15
15
15
15
36
36
36
36
36
5
365
365
197
115105
106
106
17
17
17
17
17
17
17
17
17
11
11
11
11
11
11
243
243
219
212
212
212
212
211
109
18
18
18
18
18
22
22
2424
2424
125
56
56
57
57
57
72
72 72
77
77
77
80
83
83
83
83
83
82
82
44
44
44
49
79
79
81
81
81
20
20
20
155
42
42
42
98
106
138
138
316
53
53
10
85
85
52
23
23
23
23
23
23
23
19
19
19
19
19
19
129
129 129
41
41
41
411
411
411
411
278
278
278
278
278278
27
27
27
27
27
27
76
78
78
78
78
78
78
29
29
29
29
27A
129
129
129
129
129
129
441
441
441
441
441
441
441
123
7676
76
76
25
25
319
41
26
5975
75
75
75
75
75
75
75
75
75
575
85
85
85
85
85
85
85
85
985
285
285285
20
20
2020
20
20
20
20
675
185
475
16
26
385
Crawford
Harris
Talbot
Twiggs
Bibb JenkinsUpson Wilkinson
ScrChambers
Jones
Baldwin
Monroe
LamarPike
Troup
Meriwether
Washington Burke
Jefferson
GlascockSpalding
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Putnam
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Coweta
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ColumbiaTaliaferro
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Clarke OglethorpeMcCormick
Paulding
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Fulton
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Cherokee
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Frank
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Cha�ooga
Dawson
Gordon Stephens
Lumpkin Laurens
White
Anderson
HabershamGilmer
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Union
Catoosa
Whi�ield
Fannin
MurrayTowns
Rabun
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Pickens
Clay Ch
Spartanburg
GreenvillePolk
CherokeeMarion
Macon
Bradley
Transylvania
Jackson
Fulton
Clark Hill L.
Hartwell Res.
L. Sidney Lanier
L. Sinclair
ss L.
West Point L.
L. Greenwood
L. Jocassee
L. Keowee
Flint R.
GRIFFIN
MILLEDGEVILLE
NEWNAN
CARROLLTON UNION CITY
ACKSONVILLE
FOREST PARK
COLLEGE PARK
COVINGTON
DOUGLASVILLE
DECATUR
POWDERSPRINGS
MONROE
NORTH AUGUSTA
SNELLVILLELILBURN
KENNESAW
LAWRENCEVILLE
DULUTH
ALPHARETTA
CARTERSVILLE
BUFORD
FORT PAYNE
GAINESVILLE
GREENWOOD
DALTON
EAST RIDGE
CLEMSON
RED BANK
SIMPSONVILLE
EASLEY
MAULDIN
GREER
LA GRANGE
PEACHTREE CITY
ON
EASTPOINT
SMYRNA
ROME
ANDERSON
CLEVELAND
SPARTANBURG
KNOXVILLE
APPLING
MUSELLA
STOVALL
WAYSIDE
DELTA
ADGATEVILLE
STEWART
MCBEAN
MERIWETHER
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HOLLAND
EPWORTH
OAKMAN
LAKEMONT
CULBERSON
CROSS ANCHOR
SCALY MOUNTAIN
LAKE TOXAWAY
CLEVELAND
VALLEY
LANETTTHOMASTON
FAYETTEVILLE
DORAVILLE
WINDER
CALHOUN
TOCCOA
CLINTON
LAURENS
SENECA
VALLEY
LANETTTHOMASTON
FAYETTEVILLE
DORAVILLE
WINDER
CALHOUNCALHOUNCALHOUNCALHOUN
TOCCOA
CLINTON
LAURENS
SENECA
ROANOKE
SANDERSVILLE
EATONTON
STOCKBRIDGE
CONYERS
THOMSON
CEDARTOWN
WOODSTOCK
LA FAYETTE
FORT OGLETHORPE
COLLEGEDALE
SIGNAL MOUNTAIN
ROANOKE
SANDERSVILLE
EATONTON
STOCKBRIDGE
CONYERS
THOMSON
CEDARTOWNCEDARTOWNCEDARTOWNCEDARTOWN
WOODSTOCKWOODSTOCKWOODSTOCKWOODSTOCK
LA FAYETTELA FAYETTELA FAYETTELA FAYETTE
FORT OGLETHORPEFORT OGLETHORPEFORT OGLETHORPEFORT OGLETHORPE
COLLEGEDALECOLLEGEDALECOLLEGEDALECOLLEGEDALE
SIGNAL MOUNTAIN
BARNESVILLE
FORSYTH
JACKSON
HAMPTON
MCDONOUGH
WAYNESBORO
BREMEN
PIEDMONT
AUSTELL
WASHINGTON
AUBURN
CANTONCUMMING
SUMMERVILLE
COMMERCE
ELBERTON
ABBEVILLE
HARTWELL
CHATSWORTH
BELTON
WALHALLA
FOUNTAIN INN
WOODRUFF
BREVARD
BARNESVILLE
FORSYTH
JACKSON
HAMPTON
MCDONOUGH
WAYNESBORO
BREMEN
PIEDMONT
AUSTELL
WASHINGTON
AUBURN
CANTONCANTONCANTONCUMMINGCUMMINGCUMMINGCUMMING
SUMMERVILLESUMMERVILLESUMMERVILLESUMMERVILLE
COMMERCE
ELBERTON
ABBEVILLE
HARTWELL
CHATSWORTHCHATSWORTHCHATSWORTHCHATSWORTH
BELTON
WALHALLA
FOUNTAIN INN
WOODRUFF
BREVARD
ADEVILLE
LAFAYETTE
WRIGHTSVILLE
GRAY
MILLEN
LOUISVILLE
MONTICELLO
HEFLIN
JONESBORO
WARRENTON
MADISONGREENSBORO
CENTRE
WATKINSVILLE
EDGEFIELD
JEFFERSON
SALUDA
JASPER
DAHLONEGA
TRENTON
JASPER
PICKENS
FRANKLIN
TALBOTTON JEFFERSONVILLE
GREENVILLE
ZEBULON
SPARTA
BUCHANANLINCOLNTON
MCCORMICK
ELLIJAY
CLEVELAND CLARKESVILLE
RINGGOLD
BLUE RIDGE CLAYTON
BENTON
MURPHY
HAMILTONIRWINTON
WEDOWEE
FRANKLIN
GIBSON
CRAWFORDVILLE
LEXINGTON
DANIELSVILLE
DAWSONVILLE
HOMER
CARNESVILLE
BLAIRSVILLE
HAYESVILLE
COLUMBUS
DALLAS
MANCHESTERGORDON
HOGANSVILLE
LINEVILLE
WADLEY
BOWDON
WRENS
HEPHZIBAH
SOCIAL CIRCLE
EUHARLEE
ADAIRSVILLE
CALHOUN FALLS
NAGAR
CORNELIA
WARE SHOALS
ANDREWS
IVEY
GRANTVILLE
SARD
BALL GROUND
BOWMAN
IVA
LAVONIA
MCCAYSVILLE
TRACY CITY
HIGHLANDS INMAN
CHESNEE
WAVERLY
WAVERLY HALL
WOODLAND
FIVE POINTS
WADLEY
THE ROCK
OCONEE
ROCKY FORD
SUMMERTOWN
LONE OAK
BARTOW
ORCHARD HILL
ROOPVILLE
RANBURNE
EDGE HILL
SHADY DALE
NEWBORN
WOODVILLE
ARAGON
MAXEYS
CAVE SPRING
GAYLESVILLE
TIGNALL
COLBERTCARLTON
TROY
FAIRMOUNT
HODGESCROSS HILL
DONALDS
HELEN
DUCKTOWN
HIAWASSEE
SIX MILE
SALEM
SALUDA
MARIETTA
ROSWELL
ATHENS
GREENVILLE
MACON
AUGUSTA
CHATTANOOGA
ATLANTA
±782 ACRES
4
75
411
411
±782 ACRES
SOLD
Ca ss White Rd
P R O P E R T Y M A P
± 7 8 2 A C R E S
5P R O P E R T Y A E R I A L
CARTERSVILE
Lake
Allatoona
ATCO
CASSVILLE
GRASSDALECass White Road
Cassvi
lle W
hite Road
293
20
2020
61
41
41
41
411
411
75
75±782 ACRES
6 P R O P E R T Y A E R I A L
SOLD
75
411
411
61
Aub
rey
Lake
Cass White Road
Cass Pin e Lo
g Ro ad
Aubrey Road
296
293293
296
TellusScienceMuseum
CassHigh
School±782 ACRES
± 7 8 2 A C R E S
7P R O P E R T Y S U R V E Y
SOLD
±782 ACRES
8
±782 ACRES
SOLD
P R O P E R T Y U T I L I T Y M A P
± 7 8 2 A C R E S
9P R O P E R T Y T O P O G R A P H Y M A P
SOLD
±782 ACRES
CARTERSVILE
EUHARLEE
LakeAllatoona
ATCO
KINGSTON
CASSVILLE
WHITE
GRASSDALE
75
75
75
41
41
41
411
411
20
20
20
61
61
293
113
113Red Top M
ounta
in Road
Etowah River
±782 ACRES
10 P R O P E R T Y A B R A I L M A P
SOLD
±782 ACRES
CARTERSVILE
EUHARLEE
LakeAllatoona
ATCO
KINGSTON
CASSVILLE
WHITE
GRASSDALE
75
75
75
41
41
41
411
411
20
20
20
61
61
293
113
113Red Top M
ounta
in Road
Etowah River
±782 ACRES
CONTACT US
Capital Markets | Investment Proper ties
SCOTT MCGREGORExecutive Vice President+1 404 783 [email protected]
JOHN HAYNESFirst Vice President+1 404 354 [email protected]
JAMIE SMITHSONAssociate+1 770 561 [email protected]
TODD BARTONFirst Vice President+1 404 923 [email protected]
MARK HAWKSFirst Vice President+1 404 504 [email protected]
CBRE3280 Peachtree RoadSuite 1400Atlanta, GA 30305+1 404 504 7900www.cbre.us
MIKE GOELLNERBroker / Consultant+1 314 341 [email protected]