COLDBROOK PLAZA RETAIL LAND PARCEL

$360,000 Chuck Mitchell (912) 660-3098 cmitchell@pscommercial.net

Parker Scott Properties is the exclusive listing agent for this property. The data in this exhibit is believed to be accurate but not guaranteed as provided by third parties.

Parcel Info – The approximately 0.9-acre parcel is located at 499 Old Richmond Rd. in Port Wentworth, GA.

Zoning – The property is zoned P-C-3. The purpose of this district shall be to create and protect areas in which heavy commercial and certain industrial-like activities are permitted. A wide range of commercial activities are permitted.

Location – The site is located on the western side of Highway 21, across from its intersection with Highway 30, in Coldbrook Plaza. It is on the returning side for all of Rincon and Effingham County coming from the work centers in downtown Savannah and the Port of Savannah. The site is surrounded with existing retail, apartments, and motels with more retail and several more apartment complexes planned in the immediate area.

Description – The parcel is part of Coldbrook Plaza. Presently the site contains a 9,000 sq. ft. building with associated parking and stormwater. An accommodation study for this parcel shows an addition of another 6,000 sq. ft. building is possible along with more parking and an expansion of the existing stormwater facility.

Road Access/Utilities – The parcel is easily accessed off Highway 21 via a signalized intersection between Highway 30 to the west and Old Richmond Rd to the east. In addition to providing access to the site, Old Richmond Rd. is the main access road to the Food Lion Shopping Center as well as The Columns of Coldbrook Station, a 252-unit Class A apartment complex opened in 2015. All utilities are presently to the site.

Opportunity – The owner built the existing 9,000 sq. ft. building and occupies the Beverage Warehouse liquor store. He will either sell the remaining partially developed 0.9-acre parcel or enter into a build-to-suit program with a negotiated lease. Effingham County has been one of the fastest growing areas in the entire Savannah MSA and this site is at the returning home side “gateway” to Rincon and all of Effingham County to the north. This area is enjoying rapid growth as the new double-diverging diamond interchange at the I-95 interchange just to the south and new multi-family and retail projects across Highway 21 to the west drive further traffic to this area. Existing zoning encourages a wide range of uses and market pricing allows for a profitable development on this site. This exhibit was last updated on 10/1/2020

NEWPORT

RINCON

PT. WENTWORTH

PARCEL

EXIT 109 30

COLDBROOK PLAZA LOCATOR/DEMOGRAPHICS Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

This exhibit was last updated on 9/29/2020 6:43 PM

PORT

WENTWORTH

RINCON

BLOOMINGDALE

POOLER

HARDEEVILLE

SAVANNAH

5 MILES

3 MILES

1 MILES

35,900 VPD

77,200 VPD

59,000 VPD

13,100 VPD

31,300 VPD

EXIT 109

30 30

GODLEY STATION

RICE CREEK

RICE HOPE

SAVANNAH

QUARTERS

EXIT 99

EXIT 5

EXIT 104

EXIT 102

EXIT 106

SAVANNAH/HILTON HEAD

INTERNATIONAL

AIRPORT PORT

OF

SAVANNAH

ATTRIBUTE 1-MILES 3-MILES 5-MILES

2020 Population 2,935 11,546 28,096

2020 Households 1,117 4,392 10,452

Ave. HH Income $108,188 $108,292 $102,259

2020 Median Age 33.8 33.8 35.0 2020 Med. Home

Value $234,696 $234,922 $224,127

Daytime Employment 829 2,371 12,757 Tot. Consumer

Spending $31,919,000 $125,557,000 $297,816,000

Source: CoStar 2020

SITE

COLDBROOK PLAZA – DRIVE-TIMES Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

This exhibit was last updated on 10/1/2020 7:52 PM

10 MILES

1 MILE

3 MILES

5 MILES

5 MINUTES

15 MINUTES

10 MINUTES

10 MINUTES

10 MINUTES

15 MINUTES

15 MINUTES

15 MINUTES

SAVANNAH

POOLER GARDEN CITY

HARDEEVILLE

RINCON

BLOOMINGDALE

PORT WENTWORTH

EXIT 5

The site is incredibly convenient to all the area’s major towns and cities – all are within either 10 miles or 15 minutes of the site. Furthermore, virtually all of Effingham County along with the Chatham County communities of both Rice Creek and Rice Hope pass by the site, which is on the “going-home” side for commuters and shoppers. Even the Savannah International Airport is within an easy 10-minute drive, straight down I-95. Finally, all the workers at the Port of Savannah, as well as all trucks coming from Effingham and heading towards the Port, pass the site.

EXIT 104

EXIT 102

EXIT 99

EXIT 109

EXIT 106

COLDBROOK PLAZA FUTURE PHASE Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

This exhibit was last updated on 10/1/2020 8:15 PM

±0.9 AC

Presently, about half of the site has been developed with a 9,000 sq. ft. building and associated parking and stormwater. Approximately 0.9 acre remains and can be acquired as is or with owner building a 6,000 sq. ft. structure with associated parking and stormwater to buyer’s specifications under a lease agreement.

A liquor store occupies 3,600 sq. ft. of the existing building. 3,600 sq. ft. – demised into 2 spaces of 1,800 sq. ft. – is available at $22.00/sq. ft. + CAM. These two spaces could also be combined.

COLDBROOK PLAZA – AERIAL & SITE PLAN Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

This exhibit was last updated on 10/1/2020 8:10 PM

This graphic not only shows the significant retail, residential, and hospitality development immediately surrounding the site but also how the future phase might be developed. The following page shows this plan in more detail. The site enjoys excellent visibility and access with a corner lot orientation and visibility windows through the road corridors of Coldbrook Station Rd. and Old Richmond Rd., plus the view from the parking lot in front the Food Lion and Family Dollar.

COLDBROOK PLAZA Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

This exhibit was last updated on 9/29/2020 7:07 PM

EXISTING BUILDING

9,000 SQ. FT.

EXISTING STORMWATER

PROPOSED

PH II BUILDING

6,000 SQ. FT.

PH II STORMWATER

EXISTING PARKING

PROPOSED

PH II PARKING

PROPOSED

PH II PARKING

EXISTING

ACCESS

AVAILABLE

1,800 SQ. FT.

SUITE 400

AVAILABLE

1,800 SQ. FT.

SUITE 300

CBD

PORT WENTWORTH

SUITE 200

EXISTING LIQUOR STORE

3,600 SQ. FT.

SUITE 100

Driv

e-th

roug

h la

ne

EXISTING

ACCESS

PH I

/ PH

II L

INE

COLDBROOK PLAZA ZONING Chuck Mitchell – Parker Scott Commercial cmitchell@pscommercial.net / (912) 660-3098

P-C-3 Allowed uses: incidental or accessory uses and buildings; public uses; neighborhood recreation center; churches and other places of worship (B); day nurseries or kindergartens; child care center; hospitals and medical centers (B); cultural facilities (art galleries, theater, libraries); clubs or lodges; philanthropic institution; public utilities; agricultural produce stands; greenhouse and plant nursery; radio or television studio; transmission tower; sale of fishing or boating supplies; motels, hotels, and incidental uses; r. v. park; restaurants; drive-in restaurants; fast food restaurants; cocktail lounges; specialty shops; interior decorating business; teaching of voice, music, dance; antique shops; ceramic studios; on premises catering; auto service station including carwash; amusement or recreational activity; drive-in theater; food stores; drug store/pharmacy; personal service shops; clothing stores; home furnishing and hardware stores; department store; banks and offices; dry cleaning plants; auto parking lot; medical or dental labs; photography studio; funeral parlor; ambulance service; taxi stand; ice storage; auto, truck boat sales and rentals; motorcycle sales and service; bicycle sales and service; retail auto parts and tires; residential mobile home sales; farm implement sales; sale and display of monuments and stones; glass sales and installations; animal hospital, vet, boarding; truck stop; building, heating, plumbing, electrical supplies and materials; self-storage mini-warehouse (plus restrictions); storage of trailers, campers, boats; retail or wholesale of liquor, malt beverages, or wine; rental equipment; coin-operated games; light machine shop; gun shop sales and repair; small engine and outboard repair; upholstery shops; and heavy equipment sales and rental.

C-3 General-Business -- Port Wentworth, GA Zoning -- The purpose of this district shall be to create and protect areas in which heavy commercial and certain industrial-like activities are permitted.

P Planned Overlay District. The purpose of this district shall be to provide areas within which comprehensive development plans shall be prepared and reviewed by the Planning Commission to secure an orderly development pattern. This district shall be considered an "overlay" district and the uses permitted in such "overlay" district shall be those permitted in the zoning district which it overlays. Property may be rezoned to a "P" classification on a finding by the Planning Commission that:

a. Such rezoning would be in the community's interest.

b. Unplanned and uncoordinated development could result in potential problems in such areas as traffic flow, schools, recreation, open spaces, and public facilities.

c. To ensure an orderly growth and development, it is appropriate to require approval of specific development plans by the Planning Commission.

EXIT 109

30

30

NEWPORT

P-C-3

SITE