2470 Daniells Bridge FOR SALE

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2470 Daniells Bridge Rd. Bldg. 100 Athens, GA 30606 AtlasREA.com 706-534-0385 Info@AtlasREA.com F O R S A L E

CONFIDENTIALITY AGREEMENT

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Atlas Real Estate Advisors it should not be made available to any other person or entity without the written consent of Atlas Real Estate Advisors By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that the recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return to Atlas Real Estate Advisors.

This offering memorandum has been prepared to provide a summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property The information contained herein is not a substitute for a thorough due diligence investigation Atlas Real Estate Advisors has not made any investigation and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business or Intentions to continue its occupancy of the subject property or tenants' plans.

The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, Atlas Real Estate Advisors has not verified, and will not verify, any of the information contained herein, nor has Atlas Real Estate Advisors conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for the costs and expenses of investigating the subject property

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CONFIDENTIALITY AGREEMENT

Building #100 is an exceptional 48,000 SF Class A professional office building situated in The Exchange office park in Athens, GA. The Exchange #100 was built in 2007 and features two main levels that are approximately 18,000 SF each, divided into individual office suites ranging from 1,400 SF to 10,000 SF The typical build-out for each includes both private/open office areas, kitchenette, workroom, and conference rooms unless otherwise customized by tenant-user.

The additional 10,036 SF can be found in the lower level/basement. 3,338 SF of this area has been partially built out into two connecting conference rooms, a restroom, and a small recording studio; the remaining 6,698 SF is used for storage or available for future expansion. There is ample on-site parking, an easy patient drop-off area located out front, and a quiet courtyard at the back.

Building 100 is one of the three buildings that make up The Exchange Professional Office Park. Located in the much sought-after Oconee County, GA. it is situated right off Mars Hill Road and HWY 316 and within minutes of the Athens Loop. It has excellent connectivity and accessibility to Athens, Atlanta, Watkinsville, Winder, Statham, and other outlying areas. There are over 25,000 households located within a 3-mile radius and the AADT for the area is over 30,000 cars per day

Numerous businesses offering professional services, including St. Mary's Wellness Center, Kevin Price Construction, Fortson Bentley and Griffith, Waugh and Allen Orthodontics, Dr. William Goldman, DDS, Compassus Hospice, Oconee Heart and Vascular, St. Mary's Neurological Associates, and others, are already located in The Exchange Building Professional Park.

LIST PRICE $8,999,000

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EXECUTIVE SUMMARY

ADDRESS:

COUNTY:

GROSS BUILDING AREA:

YEAR BUILT:

NUMBER OF FLOORS:

SIGNAGE:

NO. OF SUITES:

ZONING:

SITE SIZE:

PARCEL ID:

PARKING: OCCUPANCY:

2470 Daniells Bridge Road, Athens, GA 60606 Oconee County 49,068 SF

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PROPERTY HIGHLIGHTS
2007
Monument 7
acres
site, surface,
ratio 30%
2 (plus basement/lower level)
OBP-Office-Business-Professional 2.41
B-04K-100 On
3.5/1000
Suite SF AS OF 9/1/2022 2022 ACTUALS AS OF 7/1/2023 PROFORMA 121 9,667 VACANT $165,218.13 $0.00 $251,342.00 131 2,633 LEASED $63,684.42 $64,192.54 $64,192.54 141 1,450 VACANT $0.00 $0.00 $37,700.00 151 4,412 VACANT $0.00 $0.00 $114,712.00 161 14,912 VACANT $245,995.92 $0.00 $234,830.00 171 3,875 LEASED $0.00 $81,375.00 $81,375.00 181 4,328 LEASED $96,668.00 $97,920.00 $97,920.00 Basement/Finished 3,338 VACANT $16,800.00 $0.00 $36,718.00 Basement/Unfinished 6,698 VACANT $0.00 $0.00 $53,584.00 41,646 $423,148.34 $243,487.54 $972,373.54 POTENTIAL GROSS INCOME $972,373.54 OPERATING EXPENSES $231,379.53 NOI $740,994.01
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PROPERTY FINANCIALS

FLOOR PLANS

AtlasREA.com 706-534-0385 Suite 121-can be subdivided 9,667 SF 2,633 SF 1,450 SF 4,412 SF
1st Floor
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Floor Suite 161-can be subdivided Elevator 14,912 SF 3,875 SF
SF
FLOOR PLANS
2nd
4,328
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FLOOR PLANS
Lower Level/Basement
Elevator 3,875 SF 4,328 SF

FOUNDATION:

BUILDING SPECS

Strip & spread footings, 4" reinforced concrete w/vapor barriers & granular base.

Floors are concrete on metal deck.

ROOF:

Single ply membrane adhered to insulation on metal deck, web steel joists & columns

EXTERIOR WALLS/WINDOWS:

INTERIOR DOORS:

Masonry brick, backed w/metal studs & insulation. Aluminum framed windows.

Metal stud w/gypsum board, solid wood doors in metal frames or storefront

aluminum glass (single or double)

FLOORING:

PLUMBING:

Sealed concrete and ceramic tile, carpet & vinyl tile

Metal piped domestic water supply, water heaters and standard fixtures. PVC for waste drainage.

HEATING & COOLING:

ELECTRICAL:

LIGHTING:

3 split system roof-mounted air conditioning and heating units.

Main electrical is 480/227V supply

SPRINKLER:

GROSS BUILDING AREA:

TOTAL FOOTPRINT:

ADDITIONAL:

Flourescent fixtures interior. Bollard lights for front sidewalks, parking lot, wall pack fixtures on the building. Wet pipe fire sprinkler system

Building 100 is allocated 2.4153 acres of the total 7.246 acres of land. Each building owns 33.33% of the total common areas to include parking lot, signs, sidewalks, curbing and landscaping. The property is governed by The Exchange Condominium Association.

In today's economy constructing a building with equivalent square footage and similar features would cost significantly more than purchasing.

AtlasREA.com 706-534-0385
SF 19,364 SF
49,068

PLAT

NOTE: There are several recorded easements on the property as outlined in the full Legal Description.

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PHOTO GALLERY
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PHOTO GALLERY

Oconee County, Georgia, is an exceptional place to live and do business due to its remarkable combination of natural beauty, thriving economy, and excellent community amenities. Over the past decade, Oconee County has experienced significant population growth, making it an attractive destination for individuals and families seeking a high quality of life. Its proximity to both Atlanta and Athens adds to its appeal, offering residents easy access to the amenities and opportunities of two vibrant metropolitan areas. Oconee County boasts a highly regarded school system, providing exceptional education to its residents, which is an important consideration for families With its scenic landscapes, robust business environment, and commitment to education, Oconee County has established itself as a prime location for both residential and commercial endeavors.

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AREA HIGHLIGHTS

AREA BUSINESS SUMMARY

Several professional groups & large retailers have recently conducted preliminary site selection along Mars Hill Rd. and many property owners have attempted to rezone their land from R-1 to General Business as a result Yet, in its efforts to curb expansion, the Board of Commissioners has declined the majority of applications that have been presented to them.

This makes 2470 Daniells Bridge Road an ideal location for any new business or professional office looking to expand into the Oconee County area.

The data suggests that there are a significant number of businesses that lack a significant presence within the 5-mile radius surrounding 2470 Daniells Bridge Road-lenders, insurance brokers, law firms, and educational institutions in particular. Healthcare providers should note that 2470 Daniells Bridge Rd. is just 6 miles from St. Mary's Hospital and 8.4 from Athens Piedmont Regional Medical Center.

AtlasREA.com 706-534-0385

2470 Daniells Bridge Road is located off of Mars Hill Road in Oconee County, GA. It is situated just over .5 miles away from Hwy 316 which travels West into Atlanta, and .8 miles to where it becomes Hwy 78 traveling into Athens and the entrance to the Loop/Route 10. Mars Hill Road begins at Butlers Crossing in Watkinsville and extends North crossing over Route 316/Hwy 78 where it becomes the Oconee Connector and terminates at its intersection with Epps Bridge Road in Athens. It is a major traffic route carrying residents to and from several retail & business districts.

EPPSBRIDGERD. OCONEE CONNECTOR
AtlasREA.com 706-534-0385 M A R S IH L L R D . TO ATLANTA TO ATHENS TO WATKINSVILLE
AREA VIEW

DEMOGRAPHIC PROFILE

There is a robust population surrounding 2470 Daniells Bridge Road, one that is expected to continue to increase annually. With new residents comes the need for new service providers-from healthcare to lawyers and everything in between. With limitations on building new facilities, 2470 Daniells Bridge Rd. provides an owner-user or investment scenario in an area prime for growth.

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TRAFFIC DATA

The area around 2470 Daniells Bridge Road sees between 10,000-20,000 cars per day, a number that climbs to over 40,000 as you travel along Epps Bridge Parkway, Route 316 and Hwy 78.

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ABOUT ATLAS

Atlas Real Estate Advisors is one of the most successful independent commercial real estate firms in the Athens area. From traditional brokerage services and fee-based consulting to facility and property management, we provide a wide range of services that can be tailored to the individual client's needs.

Our team shares over 75 years of expertise in every product class and has worked with private, public, and institutional customers locally, nationally, and abroad. Atlas members possess numerous credentials above and beyond those required, and Atlas is presently licensed in 11 states and counting, allowing us to better serve our clients no matter where they are. Together, we have a single goal: to improve the value of your assets above and beyond what was previously thought possible.

LEASING

We use in-depth industry expertise and a large network to optimize your visibility and produce the most value possible. We have represented individual property owners and publicly traded companies locally and across the US.

MANAGEMENT

Atlas can create a management plan designed to maximize the value of your investment and tailored to your specific needs, whether you own a single storefront, a whole retail mall, or a commercial office park.

Atlas works closely with each client to reduce costs, minimize risks and exposure, and stabilize the portfolio. We ask the tough questions to determine the overall health of the portfolio and look for opportunities to enhance the value.

SALES CONSULTING

A single commercial transaction can have many dependencies and contingencies. It is advantageous to have an advisor who can provide strategies and solutions working alongside you.

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