trophy, two tenant retail property at preeminent retail crossroads location in Atlanta MSA [ www.CapitalPacific.com ]

AT&T/Aspen Dental nnn retail property

1447 North Expsy, Griffin, GA 30223

New construction property expected to open april 2016

[ actual store ]

OPENING 5/5/16

OPENING 4/22/16

RENtAblE SF . . . . . . . . . . . . . . . 6,060 SF

PRiCE PER SF . . . . . . . . . . . . . . . $455.45

lANd AREA . . . . . . . . . . . . . . . 32,670 SF

YEAR bUilt . . . . . . . . . . . . . . . 2016

oCCUPANCY . . . . . . . . . . . . . . . 100%

ExPECtEd oPENiNG . . . . . . . . 2016

PRICE: $2,760,000CAP: 6.35%

Listing TeamContact Info

Dave Lucasdlucas@capitalpacific.com | (415) 274-7390CA BRE# 01389761

Joe caccamo jcaccamo@capitalpacific.com | (415) 274-7394CA BRE# 01191110

In conjunction with GA Licensed Broker:Steve Miller, Miller Realty Services, Inc.smiller@smillerrealtyservices.com | (770) 409-0266

PROperty Summary

PREmIER AT&T-AsPEn DEnTAl AssET In A gRowIng bEDRoom CommunITy of ATlAnTA, gA. ThE subjECT PRoPERTy Is loCATED In A RETAIl DEnsE AREA wITh fAnTAsTIC TRAffIC CounTs & sTRong RETAIl synERgy.

Capital Pacific collaborates. Click Here to meet the rest of our San Francisco team.

[ actual store ]ASPEN DENtAL - At&t | 2

pad to a walmart anchored shopping center

core characteristics

bedroom community of atlanta Griffin is a bedroom community of Atlanta, located just 35 miles south of the city.

national corporate tenants with new leasesAt&t and Aspen Dental are both operating on brand new 10 year leases with rental increases. Aspen Dental is a corporate store and At&t is a corporate Spring Mobile store.

outstanding retail market Pad to a Walmart and across the street from Hobby Lobby and Walgreens. Other tenants at the intersection include Wendy’s, McDonald’s, Bealls Outlet, Chick-fil-A, Shell and Walgreens.

strategic commuter locationIdeally situated on a key commuter corridor, Interstate 41, that connects Griffin to Atlanta.

high traffic counts Highway 41 has average daily traffic counts of 34,950 and tower Street has average daily traffic counts of 9,790.

new construction buildingthe subject property was completely re-built in 2016 and features attractive building finishes with a contemporary design.

excellent Visibilitythe subject property has excellent visibility from Highway 41 and out-positions some of the other top tier retailers in the center including Chick-fil-A.

pad to walmart anchored centerthe subject property is a pad to a Walmart anchored shopping center. Other tenants in the center include Chick-fil-A, Wendy’s, Payless Shoes, Great Clips, IHOP and Verizon.

ASPEN DENtAL - At&t | 3

Mci

ntos

h Ro

ad

Martin luther King Jr. Parkway

92

41

GRIFFIN CROSSROADS

NORTH GRIFFIN SQUARE SHOPPING CENTER

SPALDING VILLAGE

®

ATLANTA

41

aerial NEIGHbORING TENANTS INCLUDE WALGREENS, HObby LObby, WALmART AND DOLLAR TREE.

34,950 DAILymartin Luther King Jr. Prkwy

9,790

DAILy

ASPEN DENtAL - At&t | 4

income & expense

Price: $2,760,000

Capitalization Rate: 6.35%

Price Per Square Foot: $455.45

Total Rentable Area (SF): 100.00% 6,060

Land Area (AC): 1.05

INCOMEINCOMEINCOMEINCOME Per Square FootPer Square FootPer Square FootPer Square FootScheduled Rent* $29.00 $175,740

Effective Gross Income $29.00 $175,740

EXPENSEEXPENSEEXPENSEEXPENSEUtility Expenses NNN

Insurance NNN

Property Taxes NNN

Structural Reserves ($0.10) ($606)

TOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSESTOTAL OPERATING EXPENSES ($0.10)($0.10)($0.10)($0.10) ($606)($606)($606)($606)

NET OPERATING INCOMENET OPERATING INCOMENET OPERATING INCOMENET OPERATING INCOME $175,134$175,134$175,134$175,134

Current Current Current Current

Landlord is responsible for roof, structure and parking lot replacement. Building and parking lot are new 2016

construction. Roof has 10 year warranty.

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the infor-mation. Buyer must verify the information and bears all risk for any inaccuracies.

ASPEN DENtAL - At&t | 5

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

rent roll

Tenant Sq. Ft. Monthly RentAnnual

Rent Yearly Rent/FT

AT&T 2,460

Spring Communications Holding, Inc. Current $5,945 $71,340 $29.00

Increase $6,150 $73,800 $30.00

Increase $6,355 $76,260 $31.00

Increase $6,560 $78,720 $32.00

Increase $6,765 $81,180 $33.00

Option 1 - 5yr Option $6,970 $83,640 $34.00

$7,175 $86,100 $35.00

$7,380 $88,560 $36.00

Option 2 - 5yr Option $7,380 $88,560 $36.00

$7,585 $91,020 $37.00

$7,790 $93,480 $38.00

Option 3 - 5yr Option $7,946 $95,350 $38.76

$8,105 $97,257 $39.54

$8,267 $99,202 $40.33

$8,432 $101,186 $41.13

$8,601 $103,209 $41.96

Option 4 -5 yr Option $8,773 $105,274 $42.79

$8,948 $107,379 $43.65

$9,127 $109,527 $44.52

$9,310 $111,717 $45.41

$9,496 $113,951.64 $46.32

Aspen Dental 3,600

Aspen Dental Management, Inc. Current $8,700 $104,400 $29.00

Increase $9,570 $114,840 $31.90

Option 1 $10,527 $126,324 $35.09

Option 2 $11,580 $138,960 $38.60

Current Totals: 6,060 $14,645 $175,740 $29.00

Years 16 - 20

Year 30

10 Year Term

Years 1 - 5

Years 6 - 10

Years 11 - 15

10 Year Term

Year 26

Year 27

Year 28

Year 29

Year 21

Year 22

Year 23

Year 24

Year 25

LEASE TERMS RENT SUMMARY

Term

TENANT INFO

Years 1 - 2

Years 3 - 4

Years 5 - 6

Years 17 - 18

Years 7 - 8

Years 9 - 10

Years 11 - 12

Years 13 - 14

Year 15

Year 16

Year 19 - 20

ASPEN DENtAL - At&t | 6

Martin luther King Jr. Parkway

lakeside drive

41

92

PANdAbEAR GRANd bUFFEt

site plan

34,950 dAilY

9,79

0 d

Ail

Y

This site plan is a rendering that has been created based on sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the rendering. Buyer must verify the information and bears all risk for any inaccuracies.

ASPEN DENtAL - At&t | 7

SitE PlAN KEY

PARCEL OutLINE:

LAND AREA: 32,670 SF

BuILDING AREA: 6,060 SF

INGRESS/EGRESS:

site plan

34,9

50 d

Ail

Y

This site plan is a rendering that has been created based on sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the rendering. Buyer must verify the information and bears all risk for any inaccuracies.

Mar

tin l

uthe

r Kin

g Jr

. Par

kway

41

SiGN

NOT A PART

ENtRANCE FoR

ASPEN DENtAL - At&t | 8

Aspen Dental Management Inc. provides non-clinical business support services to independently owned and operated dental practices in approximately 33 states. this includes finding the right location, payroll and benefits, equipment, accounting and marketing. Aspen Dental has more then 500 locations and, in 2015 alone, Aspen Dental-branded practices recorded nearly 3.7 million patient visits and welcomed nearly 785,000 new patients.

At&t Inc. (NYSE: “t”) is the nation’s leading provider of wireline voice communications services, with 243,620 employees. It is also a top provider of IPvoice and digital video services. For the fiscal year ending December 2015, At&t Inc. reported revenue of $146.8 billion and net income of $13.3 billion. It has an S & P rating of “BBB+” and is #12 on the Fortune 500.

About lease Guarantor: Spring Communications Holding, inc. Spring Mobile is America’s largest wireless retailer, with over 907 At&t retail locations and 69 Cricket Wireless locations nationwide.

GRoSS REVENUE$146.8 billion

NEt iNCoME $13.3 billion

tenants

ASPEN DENtAL - At&t | 9

2015 HOUSEHOLD INCOmES

POPULATION

TOP EmPLOyERS IN GRIFFIN, GA

demographics & regional map

GRIFFIN

1-mile 3-mile 5-mile

2010 5,368 26,365 44,7992015 5,324 25,884 44,7292020 5,362 25,918 46,196

1-mile 3-mile 5-mile

Average $42,545 $39,528 $47,874

Employer # of Employees*Caterpillar, Inc. 900CareMaster Medical 600Norcom 280AEP Industries, Inc. 250*Approximate

34,9

50 D

AIL

y

AtLANtA

43 MIN35 MILES

ASPEN DENtAL - At&t | 10

AboUt GRiFFiN, GA

Griffin is the seat of Spalding County and a member of the Atlanta metropolitan area. As of the 2015 census, the city had a population of 23,643.

Strategically located between Atlanta and Macon, Griffin has much to offer new or relocating businesses, such as an available and affordable workforce with uGA-Griffin Campus and Griffin technical College located within city limits. there are also over 900 acres of business and industrial parks, a strong school system, solid utility infrastructure and a low cost of doing business.

Atlanta is home to 27 fortune 500 Companies

location

AboUt AtlANtA. GAWith nearly 450,000 residents, Atlanta is the capitol of and most populous city in Georgia as well as the 9th largest metropolitan area within the united States. Atlanta also is the primary transportation hub of the Southeastern u.S., via highway, railroad and air, with the Hartsfield–Jackson Atlanta International Airport being the world’s busiest airport since 1998.

Encompassing $304 billion, the Atlanta metropolitan area is the eighth-largest economy in the country and 17th largest in the world. Corporate operations are responsible for a large portion of Atlanta’s economy as many corporate headquarters are located in Atlanta and it is home to the third largest concentration of Fortune 500 companies.

Georgia State university is located in Downtown Atlanta, It is the largest of the 29 public colleges and universities in the university System of Georgia and a major contributor to the revitalization of the city’s central business district. Atlanta is also home to nationally renowned private colleges and universities, most notably Emory university, a leading liberal arts and research institution that ranks among the top 20 schools in the united States and operates Emory Healthcare, the largest health care system in Georgia.

[ Atlanta, ga ]

ASPEN DENtAL - At&t | 11

ExCELLENT VISIbILITy AND SIGNAGE

ON HIGWAy 41 / mARTIN LUTHER

KING JR. PARKWAy

photos

[ actual store ]

ASPEN DENtAL - At&t | 12

SUbJECT PROPERTy IS A PAD TO

A WALmART ANCHORED

SHOPPING CENTER

photos

[ actual store ]ASPEN DENtAL - At&t | 13

A unique HUMANRESULTS-DRIVEN client experience

tHE CAPitAl PACiFiC ExPERiENCE - oUR dAilY CoMMitMENt to oUR CliENtS

[ www.CapitalPacific.com ]

JoE CACCAMojcaccamo@capitalpacific.com | (415) 274-7394 CA BRE# 01191110

dAVE lUCASdlucas@capitalpacific.com | (415) 274-7390 CA BRE# 01389761

[ Copyright © 2016 Capital Pacific ]

CHRiS KoStANECKi

CHRiS PEtERS

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JACK NAVARRA

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JoHN ANdREiNi

GREGG StEElE

KARlA zENS

Capital Pacific collaborates. Click Here to meet the rest of our San Francisco team.

In conjunction with GA Licensed Broker:Steve Miller, Miller Realty Services, Inc. | smiller@smillerrealtyservices.com | (770) 409-0266

[ actual store ]