6320 atlanta highway, alpharetta (north metro atlanta), ga...

VILLAGE AT CROOKED CREEK

6320 Atlanta Highway, Alpharetta (North Metro Atlanta), GA 30004

This confidential Brochure has been prepared on behalf of the owner of Village at Crooked Creekand LavistaAssociates, Inc. (the "Broker"). This Brochure contains selected information pertaining to Village at Crooked Creekanddoes not purport to be all-inclusive or to contain all of the information which prospective investors may desire. Nocovenant is given by the Owner, or by the Broker or by any other person or entity whether related to or unrelated tothe Owner or to the Broker as to (a) the accuracy or completeness of the material contained herein or inferred herefromor (b) any projections or predictions as to the future or (c) any other fact or matter relating to Village at CrookedCreekor to the transaction described herein.

By receipt of this offering Brochure, you agree that this Brochure and its contents are of a confidential nature, thatyou will hold and treat this information in the strictest confidence, and that you will not disclose this Brochure or anyof the material herein to any other entity without the prior written authorization of the Owner or Broker, nor will youuse this Brochure or any of its contents in any fashion or manner detrimental to the interest of the Owner or Broker.

The Owner and the Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interestin the Property and/or to terminate discussions with any entity at any time with or without notice. The Owner shallhave no obligation to any entity reviewing this Brochure or making an offer to purchase the Property unless and untilwritten agreements for the purchase of the Property have been fully executed, delivered and approved by the Ownerand any conditions to its obligations hereunder have been satisfied or waived.

This confidential Brochure shall not be photocopied, reproduced or distributed to others without the prior writtenconsent of the Owner or Broker. If the recipient determines not to participate in this transaction, recipient will promptlyreturn all materials received in connection herewith, including this confidential Brochure, without retaining any copies.

Lavista Associates, Inc.

Registration Number:

__________________________

TERMS & CONDITIONS


TERMS & CONDITIONS

Lavista Associates, Inc. ("Broker") is acting as agent for, and being compensated by, the Owner of this Property, andis not acting as agent for the prospective purchaser. Broker provides the within information together with all otherinformation of every type, herewith or later provided, only to expedite a potential purchaser's decision of whether toproceed with an independent in-depth investigation of the property. Said information shall not be used for any otherpurpose. All information provided by Broker is not guaranteed or warranted and may not cover all material facts.Broker expressly disclaims all express or implied responsibility for errors, omissions, representations with respect tomatters of price, value, income, expense, legal or tax consequences, conditions of soil, structure, roof or operatingsystems, investment potential, compliance with applicable law, suitability for intended use or any other matter.Potential purchasers are responsible for verifying all material considerations and insuring that their offer is contingentupon such verification. The availability of the property is subject, without notice, to changes, prior sale, or withdrawalat any time. Financing, loan assumptions and leases are subject to credit approval and other conditions. Thisdocument is not an offer open for acceptance. Broker has no power to obligate or bind the Owner of the Property.Owner may be bound only by a formal written agreement fully executed by all parties at interest, which agreementmay be subject to conditions or rejection without reason. In consideration for the within information the recipient 1)accepts and uses the information and related material subject to these conditions, 2) agrees to rely solely on its right,and assumes the duty, to independently obtain and analyze all material information, and 3) agrees not to rely on anyinformation provided by Broker. Persons associated with Broker may not alter or modify these provisions. Sub-agentsof Broker and agents representing any purchaser shall disclose these terms to their prospects. Reproduction hereof,in whole or in part, without the prior written permission of Broker is strictly prohibited.

DISCLOSURE & DISCLAIMER


DISCLOSURE & DISCLAIMER


INVESTMENT

OVERVIEWPROPERTYOVERVIEW

FINANCIALOVERVIEW

MARKET

OVERVIEW

INVESTMENT OVERVIEW

PROPERTY OVERVIEW

FINANCIAL OVERVIEW

MARKET OVERVIEW

INVESTMENT OVERVIEW

PROPERTY OVERVIEW

FINANCIAL OVERVIEW

MARKET OVERVIEW

Investment Highlights ................................... 1.1

Location....................................................... 2.1Aerial Photographs....................................... 2.2Building Photographs ................................... 2.4

Actual Rent Roll............................................ 3.1Actual Proforma ........................................... 3.2Lease Abstracts............................................ 3.3

Metro Atlanta ............................................... 4.1Demographic Snapshot ................................ 4.9

TABLE OF CONTENTS

Exclusive Agent:Phil Ryan

770.729.2843: [email protected]

Lavista Associates, Inc.3475 Piedmont Road, NE

Suite 1150Atlanta, GA 30305

01.05.17

100% Leased•

North Metro Atlanta (Most Desired Submarket)•

Area Rapidly Becoming Dense•

Strong demographics •

High traffic counts •

OVERVIEWQualified investors are extended the opportunity to purchasethe fee simple interest in Village at Crooked Creek shoppingcenter, located at 6320 Atlanta Highway, Alpharetta (NorthMetro Atlanta), GA 30004. The center contains approximately18,270 square feet and is 100% leased to strong and well-performing tenants. The Property represents an opportunity toacquire a well-located shopping center priced belowreplacement cost. It also provides upside by growing theexisting below-market rental rates that are currently in place.

PROPERTYVillage at Crooked Creek is a single-story, multi-tenant retailshopping center constructed on a concrete foundation with afront facade composed mostly of painted stucco with accentsof stacked stone. Each tenant suite is covered by awnings, andthe overall construction is considered attractive.

INVESTMENT HIGHLIGHTS

INVESTMENT

OVERVIEW


INVESTMENT HIGHLIGHTS 1.1

YEAR BUILT

2006

SITE

Approximately 3.63 acres

TAX PARCEL NUMBER

019-042

DEMOGRAPHIC OVERVIEW



INVESTMENT HIGHLIGHTS 1.2

1 Mile 3 Mile 5 Mile

2016 Population 7,475 39,196 112,176

2016 Average HH Income $117,577 $115,336 $125,222

INVESTMENT

OVERVIEW



ACCESSIBILITY

Accessibility to and throughout the neighborhood, and thesubject property in particular, is good. Georgia Highway 400,a six to eight lane controlled access highway, is the primarynorth-south feeder linking the neighborhood to centralAtlanta’s employment, recreation and higher educationcenters. This roadway can be accessed approximately 2.5miles south of the subject. McFarland Road and Highway 9extend in a general north/south direction connecting thesouthern portion of the neighborhood to Alpharettacommerce and government facilities.

TRAFFIC COUNTS

According to the 2016 CoStar Traffic Counts, approximately19,266 cars travelpast the property onHighway 9 while18,741 cars travelnear the property onMcFarland Road aspart of their dailyroute (see map to theright).

PRICE

$2,825,000 ($154.63)

INVESTMENT

OVERVIEW

1.3

LOCATIONLOCATIONLOCATION

PROPERTYOVERVIEW


2.1

FORSYTH COUNTY

Forsyth County has long been one of the fastest-growing areas in the United States in terms ofpercentage of growth. The population growth wascaused by the county's proximity to Atlanta and itsappeal as a commuter area for people working in theAtlanta area. The influx of high earning professionalsincreased the average income to a point whereForbes.com named it as the 13th wealthiest countyin the United States in terms of median householdincome for 2008. At $84,872 it is also the wealthiestcounty in the state of Georgia, and currently is the30th wealthiest county in the nation.

ALPHARETTA

Alpharetta today is vastly unlike the town it was in1828 when it was a small collection of merchantsand prospectors drawn to the area by the DahlonegaGold Rush. Alpharetta was chartered in 1857 anddesignated the county seat of Milton County. Itsname derives from the Greek words, “alpha” (first)and “retta” (town).

What began as a tiny rural settlement is now one ofthe most highly sought-after commercial andresidential real estate areas in Georgia. The strongeconomic thrust, quality of educational and medicalfacilities, wide array of shopping, dining, andemployment opportunities serve to make Alpharetta

PROPERTYOVERVIEW

2.12.1

AERIAL PHOTOGRAPHAERIAL PHOTOGRAPH

PROPERTYOVERVIEW

2.2


2.2


AERIAL PHOTOGRAPH

PROPERTYOVERVIEW

2.3

BUILDING PHOTOGRAPHS: EXTERIOR

PROPERTYOVERVIEW


BUILDING PHOTOGRAPHS 2.4


BUILDING PHOTOGRAPHS

PROPERTYOVERVIEW

2.5

STABILIZED RENT ROLL

FINANCIALOVERVIEW

3.1


RENT ROLL: ACTUAL 3.1

% OCCUPIED: 100.00% | TOTAL VACANT SF: 0 | CURRENT ANNUAL INCOME: $264,905.76

SUITE TENANT RSFLEASE

EXPIRATION$/SF ANNUAL RENT ANNUAL CAM

1-4 El Don Restaurant 6,510 12/31/23 $11.98 $ 78,000.00 $ 4,164.00

5 Paws N Pearls 1,400 02/28/18 $14.14 $ 19,800.00 $ 0.00

6 Vine Animal Hospital 2,380 5 Year $15.13 $ 36,000.00 $ 9,282.00

7/8 Havana Cigar 2,800 12/31/23 $15.00 $ 41,999.76 $ 0.00

9 San Diego Bakery 1,400 05/31/20 $17.14 $ 24,000.00 $ 1,620.00

10/11 Best Value Furniture 3,780 11/30/21 $13.08 $ 49,440.00 $ 600.00

TOTAL 18,270 $ 249,239.76 $ 15,666.00

STABILIZED PROFORMA

FINANCIALOVERVIEW

3.2


PROFORMA: ACTUAL 3.2

INCOME:

Scheduled Base Income . . . . . . . . . . . . . . . . . . . . . . . $ 249,239.76

Reimbursement Income . . . . . . . . . . . . . . . . . . . . . . . $ 15,666.00

Total Scheduled Income . . . . . . . . . . . . . . . . . . . $ 264,905.76

Less: Vacancy & Credit Loss (-5%) . . . . . . . . . . . . ($ 13,245.29)

TOTAL ADJUSTED INCOME . . . . . . . . . . . . . . . . . $ 251,660.47

EXPENSES:

Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,132.00

Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,985.00

Common Area Maintenance . . . . . . . . . . . . . . . . . . . . $ 20,340.00

Management Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,000.00

TOTAL EXPENSES ($2.82/SF) . . . . . . . . . . . . . . . . . . $ 51,457.00

NET OPERATING INCOME . . . . . . . . . . . . . . . . . $200,872.40


LEASE ABSTRACT 3.3

FINANCIALOVERVIEW

Tenant (D/B/A): Edgar Colin d/b/a El-Don Mexican Bar & Grill

Type of Business: Mexican Restaurant

Suite: 1 - 4

Rentable Square Feet: 6,510 (35.63%)

Lease Start: January 1, 2017

Lease Expiration Date: December 31, 2023

Rent Schedule: Monthly Annually $/SF

1/1/2017 - 12/31/23 . . . $ 6,500.00 $ 78,000.00 $ 11.98

CAM Recovery: No

Insurance Recovery: No

Real Estate Tax Recovery: No

Notes:

Renewal Options2 - 5 Year Option at Market Rent

Security Deposit$3,000.00

CommentsTenant Shall Have Exclusivity for Sports Bar andRestaurant


LEASE ABSTRACT 3.4

FINANCIALOVERVIEW

Tenant (D/B/A): Melissa Crane d/b/a Paws N Pearls

Type of Business: Pet Salon

Suite: 5

Rentable Square Feet: 1,400

Lease Start: March 1, 2015

Lease Expiration Date: February 28, 2018


3/1/15 - 6/30/15 . . . . . . . $ 0.00 $ 0.00 $ 0.00 7/1/15 - 2/28/18. . . . . . . $ 1,650.00 $ 19,800.00 $ 14.14

CAM Recovery: No



Notes:

Renewal OptionsNone



LEASE ABSTRACT 3.5

FINANCIALOVERVIEW

Tenant (D/B/A): Vine Animal Hospital

Type of Business: Animal Hospital Service

Suite: 6


Lease Start: From Issuance of Building Permit

Lease Expiration Date: 5 Years


Months 1 - 3. . . . . . . . . . . . $ 0.00 $ 0.00 $ 0.00 Months 4 - 60. . . . . . . . . . . $ 3,000.00 $ 36,000.00 $ 15.13

CAM Recovery: Full Pro Rata

Insurance Recovery: Full Pro Rata

Real Estate Tax Recovery: Full Pro Rata

Notes:

Renewal Options2 - 5 Year OptionsOption 1 $3,300.00 $39,600.00 $16.64Option 2 $3,600.00 $43,200.00 $18.15


CommentsLease has personal guarantee of Emad Rafiao


LEASE ABSTRACT 3.6

FINANCIALOVERVIEW

Tenant (D/B/A): Blue Havana II, LLC

Type of Business: Sale of tobacco and related products, gifts andaccessories, smoking lounge with sale ofalcoholic beverages to be consumed on premises

Suite: 7/8


Lease Start: December 1, 2013

Lease Expiration Date: December 31, 2023


1/1/14 - 3/31/14 . . . . . $ 1,750.00 $ N/A $ N/A 4/1/14 - 12/31/14 . . . . . $ 3,250.00 $ N/A $ N/A 1/1/15 - 12/31/15 . . . . . $ 3,331.25 $39,975.00 $ 14.28 1/1/16 - 12/31/16 . . . . . $ 3,414.53 $40,974.36 $ 14.63 1/1/17 - 12/31/17 . . . . . $ 3,499.98 $41,999.76 $ 15.00 1/1/18 - 12/31/18 . . . . . $ 3,587.38 $43,048.56 $ 15.37 1/1/19 - 12/31/19 . . . . . $ 3,677.06 $44,124.72 $ 15.76 1/1/20 - 12/31/20 . . . . . $ 3,768.98 $45,227.76 $ 16.15 1/1/21 - 12/31/21 . . . . . $ 3,863.20 $46,358.40 $ 16.56 1/1/22 - 12/31/22 . . . . . $ 3,959.78 $47,517.36 $ 16.97 1/1/23 - 12/31/23 . . . . . $ 4,058.77 $48,705.24 $ 17.39

CAM Recovery: No



Notes:

Renewal Options1 - 5 Year - 3% Escalations

Security Deposit$0.00

CommentsTenant has the exclusive right for the sale oftobacco and related products


LEASE ABSTRACT

FINANCIALOVERVIEW

3.7

Tenant (D/B/A): Edgardo Colin San Diego Bakery

Type of Business: Bakery & Cheese Shop

Suite: 9


Lease Start: June 1, 2015

Lease Expiration Date: May 31, 2020


6/1/15 - 5/31/16 . . . . . . . $ 1,650.00 $ 19,800.00 $ 14.14 6/1/16 - 5/31/17 . . . . . . . $ 2,000.00 $ 24,000.00 $ 17.14 6/1/17 - 5/31/18 . . . . . . . $ 2,100.00 $ 25,200.00 $ 18.00 6/1/18 - 5/31/19 . . . . . . . $ 2,205.00 $ 26,460.00 $ 18.90 6/1/19 - 5/31/20 . . . . . . . $ 2,315.25 $ 27,783.00 $ 19.85

CAM Recovery: Tenant pays $135.00 per month for water Pays no other CAM



Notes:

Renewal OptionsNone



LEASE ABSTRACT

FINANCIALOVERVIEW

3.8

Tenant (D/B/A): American Value Furniture

Type of Business: Furniture Store

Suite: 10/11


Lease Start: February 1, 2016

Lease Expiration Date: January 31, 2021


2/1/16 - 1/31/17 . . . . . . . $ 4,000.00 $ 48,000.00 $ 12.70 2/1/17 - 1/31/18 . . . . . . . $ 4,120.00 $ 49,440.00 $ 13.08 2/1/18 - 1/31/19 . . . . . . . $ 4,243.60 $ 50,923.20 $ 13.47 2/1/19 - 1/31/20 . . . . . . . $ 4,370.91 $ 52,450.90 $ 13.88 2/1/20 - 1/31/21 . . . . . . . $ 4,502.04 $ 54,024.42 $ 14.29

CAM Recovery: Tenant pays $50.00 per month for water. Pays noother CAM



Notes:

Renewal OptionsNone


METRO ATLANTA

MARKET

OVERVIEW

4.1


Atlanta: The Gateway to the World

Atlanta is considered by many to be the most dynamic major metropolitan area in the United States and for more thanjust its southern charm. “The New South” is called home to more than 5.4 million people and continues to grow bymore than 70,000 newcomers each year making it one of the fastest growing metros in the country. Atlanta’s diverseeconomy and pro-business atmosphere, coupled with its notable political, demographic and geographic strengths leadsthe city to innovative business growth and abounding employment opportunities.

Atlanta has consistently been ranked at the top of many business experts’ lists as the most favored metropolitan areafor real estate investment and economic business growth and the reason is obvious. Every time you pop the top on aCoca-Cola, send a text message on your AT&T phone, hop on a Delta Airlines flight or watch the news as it happens onCable News Network (CNN), you’re doing business with Atlanta. There is a reason these big businesses head south.

"We've got the world's busiest airport, the third-highest concentration of Fortune 500 companies in the nation, cutting-edgeresearch universities that attract the young professionals from all over the globe, the lowest cost of doing business in the

nation-and plenty of sunshine. Combine all that with the fact that Atlanta is the business capital of the Southeast,and it's easy to see why people are coming here in droves."

---Sam A. Williams

President Metro Atlanta Chamber of Commerce

METRO ATLANTA

MARKET

OVERVIEW

4.2


Business: Atlanta Does It Better

The hot Atlanta economy has been branded “the big business capital of thesouth”. Due to the influx of new business setting up shop and theadvantages of being a transportation hot spot, Atlanta is, and continues tobe, where the world does business. With companies like Coca-Cola, DeltaAirlines, and UPS headquartered in Atlanta, it is no wonder why 10 Fortune500 companies now call the growing city home. Atlanta supports bigbusinesses, but also nurtures small business and start-up activity.

According to a U.S. Chamber of Commerce report, Georgia has seensignificant entrepreneurial activity in recent years, ranking 10th in

business starts and 14th in entrepreneurial activity in 2012. The stateis the ninth-most-concentrated high-tech business environment in

the nation, due to its high concentrations in computer facilitiesmanagement, software, custom programming and systems

design.

Atlanta ranks among the top ten “Richest cities” in America, (Atlantic CitiesMagazine) as ranked by the real gross domestic product. With the cost of doingbusiness on the low end, it seems as if the sky is the limit in the Atlanta region.Innovative business and ideas are among Atlanta’s fortes. Big businesses aresprouting up and moving into the Peach State after the innovators, the movers, andthe shakers.

Back in the early days of the 2000 recession, the sprawling Georgia metropolis hasroared back, mostly on the basis of its strong service sector, pro-business culture,and a relatively affordable housing environment in comparison with other big-timecities. -- INC. MAGAZINE

METRO ATLANTA

MARKET

OVERVIEW

4.3


1991 United Parcel Service(UPS) relocates headquartersto metro Atlanta.

1996 Atlanta hosted theCentennial Olympic Games,the first time the SummerGames were held in theeastern U.S.

2000 Metro Atlanta addedover 1 million people from2000-2009.

2009 NCR and First Datarelocated their headquartersto Atlanta, increasing thearea’s FORTUNE 500headquarters to 12.

2010 GE Digital Energy,Smart Grid Technology Centerof Excellence established inmetro Atlanta. Center willprovide energy solutionsthrough R&D.

Employment: The Movers and the Shakers

When the country’s top companies such as Coca-Cola, Home Depot, AT&T Mobility, and Delta Airlines call Atlanta ‘home’,it draws a crowd. Much like the companies that have grown with Atlanta or have relocated here, the people have too.The heart of Atlanta’s economy is its diversity. Diversity thrives in the places Atlanta holds closest: its world classuniversities and its world renowned research centers.

These fine institutions allow employers to recruit more specialized employees andactive, young professionals. This smart, educated young population has producedan active entrepreneurial community and helps rank this forward-thinking city #2among U.S. cities for entrepreneurial activity, (Metro Atlanta Chamber of Commerce).

In addition to its population and employment growth, Atlanta has been highlightedfor being the nation's leader in attracting the "Young and Restless" demographic group(25-34 year olds). This well-sought-after group is described as the young,college-educated professionals and companies want them for their talent andknowledge. Needless to say, cities want them for their economic future.

"One of the hallmarks ofthe Atlanta economy is itsdiversity. The broad-basednature of this economy will

continue as eachemployment sector is

expected to see robustgrowth…"

--Atlanta Regional Commission


METRO ATLANTA 4.4

Recent Development: Economic Booms

Georgia has always ranked in the Top 10 in Top States studies, but reigns#1 in 2014. The Peach State’s big changes within the last year wereeconomic. With Georgia’s solid job growth and rebounding housingmarket, the state has jumped to #1 of America’s Top States for Business.

The state has benefited from the national recovery, which has boostedexternal demand for the state’s goods-producing industries and has thusresulted in companies investing in Atlanta.

The metro area is benefiting greatly from Georgia’s fast-paced recoveryas high-paying services are hiring in the metro area. Private servicesemployment is firmly above its pre-recession peak thanks to strongcontributions from business.

Among the companies that have recently started calling Atlanta home include both major relocations and expansiondecisions. Here are the companies that have chosen Atlanta:

In 2013 alone over 8,700 jobs were created due to largecompanies moving to the south, Moody’s Analytics.

MARKET

OVERVIEW

METRO ATLANTA

MARKET

OVERVIEW

4.5


Education: Innovation for the Future

A well-educated work force is a critical component to economic growth. TheGeorgia Institute of Technology (Georgia Tech) alone turns out the largestnumber of engineers of any university in the country, and Atlanta residentshold the sixth highest number of advanced degrees in the nation. Researchuniversities such as the University of Georgia, Emory University, GeorgiaTech and the Morehouse School of Medicine also attract world-class talent.In their 2013 report, Education Week lists Georgia as a top 10 state foreducation quality.

Also contributing to the growthpotential of the region are theeducational opportunities that abound inmetropolitan Atlanta, with more than 3dozen colleges and universities offering350 programs of study to more than200,000 students each year.

These fine educational institutions help to nurture the next generation.There is no doubt one of the reasons for such a solid foundation of industry-leading companies in mobility, financial technology, life sciences and healthcare information technology working in the Atlanta region is because of therich start-up community, of talented professionals.

Technology is seemingly leading the globe in economic success and withAtlanta being home to a top-five engineering program and top notchuniversities, the southern city is full steam ahead. New technology equalsinnovation and innovative people mean new business; with a citypossessing both, Atlanta has become a city of business gold.

METRO ATLANTA

MARKET

OVERVIEW

4.6


Technology: Powering the World

One of the reasons that Atlanta has become such apower city is largely due to the push to focus on whatis connecting the world: technology. Atlantabusinesses, collegiate institutions, and researchfacilities often collaborate in order to produce state-of-the-art products and groundbreaking ideas. Rightinside the city’s reach is the Georgia Institute ofTechnology. This top-five, nationally rankedengineering program has a pool of the brilliant mindsemployers crave, but the institution also launches amultitude of new business in the area, (U.S & World News Report).

Companies move into the city of Atlantato be near the technology that powersand connects the world; they wantto have access to the talented mindscoming from America’s top institutionslike Georgia Tech and Emory, they wantaccess to top notch facilities- such as theCenters for Disease Control, and mostimportantly they want access to therelationships and the collaboration thatcan be found in the Peach State.

“Atlanta is in a globalcompetition. We are notcompeting against citiesin the southeastern U.S.We’re competing againstFrankfort, Guanjiao andDubai. Atlanta has allthe necessary elementsto compete globally.”

--

Brian McGowen,

CEO of Invest Atlanta

MARKET

OVERVIEW


METRO ATLANTA 4.7

Transportation: Connecting the World

All roads lead to Atlanta, whether you are looking for new business or a travelerpassing through; transportation has been a central component to the Atlanta area’sgrowth and success. Metro Atlanta has grown into a leading global logistics hub andcenter for supply chain management, ranking 5th nationally in transportation andlogistics employment (Metro Atlanta Chamber of Commerce, 2013).

Helping to keep Atlanta moving is its the interstate system. Atlanta is one of the fewcities in the country with three major interstate highways converging near the CentralBusiness District, making it a hub for regional commerce and distribution.

Adding to the mix, the Metropolitan Atlanta Rapid Transit Authority (MARTA) operatesbus and rail services in Fulton County and neighboring DeKalb County. Through bothits bus and rail services, MARTA has the capacity to transport nearly one millionpassengers per day. MARTA's rapid transit rail covers more than 48 miles, with 38train stations across four lines.

The Airports Council International(ACI) reports Atlanta’s Hartsfield-Jackson International Airport hasbeen the world’s busiest airportfor more than a decade.Hartsfield-Jackson moves over 92million passengers per year, whichis 14 million more passengersthan served by Bejing’s airport inChina.

MARKET

OVERVIEW


METRO ATLANTA 4.8

Continuing Growth: The City of the Future

What makes Atlanta such a prominent metropolitan city is not only its rich history andcurrent appeal, but also its projected future growth. The metropolitan area’s growthtrends are not a statistic of the past, but a representation of what many analysts projectto be a steady, robust and demographic growth for years to come. Atlanta claims alofty Top 10 ranking among international “Cities of the Future”, as well as placing inthe Top 10 among “Cities of the Future: Economic Potential”, according to FDI Magazine(2013).

Metro Atlanta is predicted to grow to nearly seven million residents across the twenty-county Metropolitan Statistical Area (MSA) by the year 2030, averaging 91,000 newresidents per year. In addition to this 46% increase in population, the Georgia PlanningAssociation predicts Atlanta will see a 67% increase in jobs between 2005 and 2030,totaling nearly five million.

With so many positive indicators, Atlanta’s economy shows nosign of slowing down. Real estate professionals remainoptimistic about the overall climate and all eyes are on thisdynamic metro to see where this continuous growth will lead.

In a ranking of the economic, business and financialstrengths of cities across the NAFTA region, Atlanta isone of the only cities to place in the top five of three ormore of the seven subcategorizes. Atlanta placed 4th in“Best Human Resources”; 3rd in “Best EconomicPotential”; 3rd in “Best Infrastructure”; and 1st in “MostBusiness Friendly.”

-- FDI Magazine

1-mile 3-mile 5-mile2021 Projection 8,415 43,917 125,0832016 Estimate 7,475 39,196 112,1762010 Census 6,391 31,971 93,692Growth 2010-2016 16.96% 22.60% 19.73%

DEMOGRAPHIC SNAPSHOT

MARKET

OVERVIEW


DEMOGRAPHIC SNAPSHOT 4.9

POPULATION

VILLAGE AT CROOKED CREEK6320 Atlanta Highway,

Alpharetta (North Metro Atlanta), GA 30004

1-mile 3-mile 5-mile2021 Projection 3,001 16,439 45,3732016 Estimate 2,663 14,698 40,7232010 Census 2,260 11,916 33,753Growth 2010-2016 17.83% 23.35% 20.65%

HOUSEHOLDS

1-mile 3-mile 5-mile2016 Avg. HH Income $117,577 $115,336 $125,2222016 Median HH Income $88,140 $90,167 $97,717

INCOME

6320 atlanta highway, alpharetta (north metro atlanta), ga...

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