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P of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Big Box Opportunity
Riverdale, Georgia
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P 2 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Table of Contents
Executive Summary
Property Photos
Site Plan
Retail Aerial View
Location Maps
Demographics & Traffic Count
About The Area
Broker Profile
Confidentiality Agreement
3
4
5
6
7
8
9
10
11
For more information, please contact:
Michael Bull
CEO
(404) 876-1640 x 101
[email protected]
Bull Realty, Inc.
50 Glenlake Parkway
Suite 600
Atlanta, GA 30328
www.BullRealty.com
mailto:[email protected]://www.BullRealty.com
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P 3 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Executive Summary
Former Lowe’s User or Investment Opportunity
Property Address 7458 Highway 85
Riverdale, GA 30274
County Clayton
Building Size +/- 138,134 sq ft
Land Size +/- 15.6 acres
Year Built 2007
Zoning GB
Bull Realty is pleased to offer this former Lowe’s Home
Improvement in Riverdale, GA. The property is well positioned on
the corner of Highway 85 and GA-138 with over 45,000 VPD. May be
available for lease at $3/sq ft. The lease is contingent upon a new
investor purchasing the property. The current owner will not lease
out the building. Possible uses could include: Special Events
Center Large Congregation Church Sports Complex Storage Facility
Movie Studio Car Dealership
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P 4 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Representative Photo
Property Photos
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P 5 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Representative Photo
Site Plan
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P 6 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Representative Photo
Retail Aerial View
Subject Property
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P 7 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Representative Photo
Location Maps
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P 8 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
2015 Demographics (esri)
1 mile
Population 9,698
Households 3,520
Average Household Income $48,263
3 mile
Population 75,129
Households 26,953
Average Household Income $47,873
5 mile
Population 168,834
Households 60,025
Average Household Income $48,377
Demographics & Traffic Count
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P 9 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
About The Area
Riverdale, Georgia
Riverdale is located in the "Southern Crescent" of Clayton
County, approximately 10 miles south of Atlanta. The City is only 5
miles south of Atlanta's Hartsfield-Jackson International Airport,
one the nation's busiest airports Riverdale has a population of
over 14,000 and is the second largest city (population) in the
Clayton County. The City is governed by a Mayor and 4 Council
members. Each council member represents the entire city and are
elected at-large, though they hail from one of the four wards that
divide the city. The Mayor and Council appoint a City Manager, who
has oversight over 5 departments. Hartsfield-Jackson Atlanta
International Airport is located seven miles south of the central
business district of Atlanta, Georgia, United States. It has been
the world's busiest airport by passenger traffic since 1998, and by
number of landings and take-offs since 2005. Hartsfield–Jackson
held its ranking as the world's busiest airport in 2012, both in
passengers and number of flights, by accommodating 95 million
passengers (more than 260,000 passengers daily) and 950,119
flights. Many of the nearly one million flights are domestic
flights from within the United States, where Atlanta serves as a
major hub for travel throughout the Southeastern United States. The
airport has 207 domestic and international gates.
Hartsfield–Jackson International Airport is a focus city for
Southwest Airlines and is the primary hub of Delta Air Lines and
Delta Connection partner ExpressJet; at nearly 1,000 flights a day,
the Delta hub is the world's largest airline hub. Delta Air Lines
flew 59.01% of passengers from the airport in February 2011,
AirTran flew 17.76%, and ExpressJet flew 13.86%. In addition to
hosting Delta's corporate headquarters, Hartsfield-Jackson is also
the home of Delta's Technical Operations Center, which is the
airline's primary maintenance, repair and overhaul arm. The airport
has international service to North America, South America, Central
America, Europe, Asia, and Africa. As an international gateway to
the United States, Hartsfield–Jackson ranks seventh.
http://en.wikipedia.org/wiki/Atlanta,_Georgiahttp://en.wikipedia.org/wiki/World%27s_busiest_airports_by_passenger_traffichttp://en.wikipedia.org/wiki/Southwest_Airlineshttp://en.wikipedia.org/wiki/Airline_hubhttp://en.wikipedia.org/wiki/Delta_Air_Lineshttp://en.wikipedia.org/wiki/Delta_Connectionhttp://en.wikipedia.org/wiki/ExpressJethttp://en.wikipedia.org/wiki/Delta_TechOpshttp://en.wikipedia.org/wiki/Delta_TechOpshttp://en.wikipedia.org/wiki/Busiest_airports_in_the_United_States_by_international_passenger_traffic
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P 10 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Broker Profile
MICHAEL BULL Michael Bull, CCIM is a commercial real estate
writer, nationally syndicated radio show host, real estate advisor
and active commercial real estate broker. He has closed over 4
billion dollars of sale and lease transactions over his 30 year
career. Mr. Bull’s articles have been published nationwide
including in the National Real Estate Investor, France Media
Publications, Atlanta Journal Constitution, Atlanta Business
Chronicle, Multi-Housing News, Shopping Center Business and
Nation's Restaurant News. Michael is executive producer and host of
the nationally syndicated Commercial Real Estate Show. The popular
weekly one hour show began broadcasting in 2010 and today is heard
by millions across the country on 44 radio stations, the Liberty
Express Network, iTunes, the show website and select segments and
shows are available on YouTube. Michael also produces a video
series answering a new commercial real estate related question each
business day. Videos are available on the AskMB playlist on the
shows YouTube channel, and on the shows website twitter account
@AskMichaelBull. Mr. Bull founded Bull Realty in 1998 with two
primary missions: grow a company of brokers known for integrity,
and provide the best disposition marketing in the nation. The firm
is licensed in nine southeast states and is one of the fastest
growing commercial brokerage firms in the country. Michael and his
brokers provide expert advice and capital markets expertise related
to office, retail, industrial, land, apartments, single tenant net
lease investment properties, healthcare real estate, senior housing
and other specialties. Michael's involvement with professional
organizations include CCIM Member, National Association of
REALTORS, the Association of Georgia Real Estate Exchangers, the
International Council of Shopping Centers, the Real Estate
Brokerage Managers Council, Atlanta Leaders Group, Real Estate
Group of Atlanta, the Georgia Bankers Association, the Atlanta
Press Club, the Atlanta Chamber of Commerce, the Georgia Real
Estate Educators Association and the National Association of Real
Estate Editors. Michael lives in the Chastain Park area of Atlanta
and enjoys spending time with his family, music, basketball and
performance boating.
Michael Bull, CCIM CEO (404) 876-1640 x 101
[email protected] Bull Realty, Inc. 50 Glenlake Parkway Suite
600 Atlanta, GA 30328
http://nreionline.com/search/results/michael%20bull?filters=ss_type%3A%22Blog%20Entry%22https://itunes.apple.com/podcast/commercial-real-estate-shows/id398600916http://www.creshow.comhttp://www.youtube.com/user/BullRealtyhttps://www.youtube.com/playlist?list=PLFiQul7VXxX0XSMlVbmEqGFqAyZiFJfzNhttp://twitter.com/askmichaelbullhttp://www.bullrealty.commailto:[email protected]
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P 11 of 11
Former Lowe’s
Riverdale, Georgia
Information contained herein may have been provided by outside
sources and while deemed to be reliable, may be estimated,
projected, subject to change, and/or limited in scope,
and therefore should not be relied upon as accurate. Information
should be independently confirmed within an applicable due
diligence period.
Confidentiality Agreement
This Confidentiality Agreement (“Agreement”) is made and agreed
to for the benefit of the undersigned party (“Receiving Party”),
the owner of the subject property (the “Seller”) and undersigned
broker Bull Realty Incorporated (“Broker”). Now therefore in
consideration of the privileges granted to Receiving Party with
respect to receiving certain confidential information, and other
good and valuable consideration, the Receiving Party hereby agrees
to the following: I. Confidential Information: Receiving Party will
receive confidential information regarding property referred to as
7458 Highway 85, Riverdale, GA. Prospect agrees to not disclose to
any person that the property may be available for sale or lease, or
that discussions or negotiations are taking place concerning the
property, n or any terms, conditions, or other facts with respect
to the property, including but not limited to tenant information,
lease rates, lease expirations, income and expenses, and any such
possible purchase, including the status thereof. The term “person”
used in this agreement shall be interpreted broadly and shall
include, without limitation, any corporation, company, partnership
or individual other than parties to which Broker approves in
writing. Receiving Party may share information with directors,
officers, employees, agents, affiliates, counsel, lending sources,
accountants or representatives of Receiving Party that Receiving
Party notifies of the requirements of this Agreement. Receiving
Party agrees to not contact the property owner, the management, the
tenants, the lender, the vendors, the insurers, the employees or
the customers of any business at the site. II. Acting as a
Principal: Receiving Party hereby warrants that it is acting as a
principal only, and not as a broker, regarding this contemplated
transaction. Receiving Party acknowledges that Broker is working an
agency capacity as representing the Seller only in this transaction
and is the only Broker involved in this potential transaction.
Receiving Party agrees to not be involved in any arrangement to
lease or purchase the property, in whole or in part, as a lender,
partner, buyer of the note, buy in foreclosure, buy from bankruptcy
court, or in any other manner acquire an investment in, joint
venture or control of the property, unless Bull Realty,
Incorporated is paid a commission at closing as per separate
agreement with Seller. This agreement will expire two years from
the date hereof. III. Governing Law This Agreement shall be
governed and construed in accordance with the laws of the State of
Georgia.
Accepted and agreed to this _______ day of ___________________,
2015.
Receiving Party
Signature
___________________________________________________________________
Printed Name
_______________________________________________________________
Title
_______________________________________________________________________
Company Name
_____________________________________________________________
Address
____________________________________________________________________
____________________________________________________________________
You may return the executed agreement by fax (404) 876-7073 or
email [email protected] Bull Realty, Inc. | 50 Glenlake
Parkway, Suite 600 | Atlanta, GA 30328
Bull Realty GA license #20209
Email
______________________________________________________________________
Phone
_____________________________________________________________________
Fax
________________________________________________________________________
Broker
Signature
___________________________________________________________________
Printed Name
________________________________________________________________
mailto:[email protected]
