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East Point Food-Mart Plaza_ Georgia

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					East Point Food-Mart Plaza, Georgia                                       For Sale




                      Asking Price: $1,595,000
                                3056 Bayard Street
                               East Point, GA 30344

                                 Exclusively Listed By:

                                     Satwant Singh
                                     678-523-7449
                                  singhatl@msn.com



                                  Metro Brokers
                    Coldwell Banker Commercial Metro Brokers
                               3575 Piedmont Road
                          Driveway A, Bldg. 15, Ste. 950
                                Atlanta, GA 30305
  3575 Piedmont Road, Driveway A, Bldg. 15, Ste. 950 Atlanta, GA 30305   Page 1
East Point Food-Mart Plaza, Georgia                                                        For Sale



                           Confidentiality Agreement




     The information contained in the following Marketing Brochure is proprietary and strict
     confidential. It is intended to be viewed only by the party receiving it from Coldwell
     Banker Commercial Metro Brokers and should not be made available to any other party
     or entity without the written consent of Coldwell Banker Commercial Metro Brokers This
     marketing Brochure has been made to provide summary, unverified 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. Coldwell Banker Commercial Metro Brokers has not made any
     investigation, and makes no warranties or representations, with respect to the income and
     expenses of 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, PCB’s or asbestos, the compliance with State and
     Federal regulations, the physical condition of the improvements thereon, or the financial
     condition or business prospects of any tenant, or any tenant’s plans or intentions to
     continue it’s occupancy of the subject property. The information in this Marketing
     Brochure has been obtained from sources we believe to be reliable; however, Coldwell
     Banker Commercial Metro Brokers has not verified, and will not verify, any of the
     information contained herein, nor has Coldwell Banker Commercial Metro Brokers
     conducted any investigation regarding these matters and makes no warranties or
     representations 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.




  3575 Piedmont Road, Driveway A, Bldg. 15, Ste. 950 Atlanta, GA 30305                   Page 2
     East Point Food-Mart Plaza, Georgia                                                                For Sale


                                               Executive Summary


                                                Summary Description
         Coldwell Banker Commercial Metro Brokers is proud to offer this newly renovated 14,000 +/- sq/ft.
         shopping center situated on 2.5+/- Acres with lots of parking spaces along with the anchor grocery
         store and six rental spaces. The current rental income is around $6,900/month from five rental spaces.
         The owner operator can have the extra incentive from the grocery store business, which is the part of
         the asking price.

         The anchor Neighborhood Grocery store particular is as follows:

             Grocery sale $45,000/Month +/-, Lottery Sales $40,000/Month +/-, plus $3,000 Misc. monthly
          Income. The butcher shop and fresh deli can be added to improve more business. Also the location is
                                    pre-approved to sell Gasoline at this location.

                                                General Information
            Neighborhood Store Location!! The City of East Point offers the amenities of a large city with the
          safety, convenience, friendliness and charm of a small town. One of the best values for in-town living,
            East Point has great restaurants, wonderful businesses, and a growing job market making it a great
                                               place to work, live and play!

                                                       Rent Roll

                                                                                                                    Sec
Unit #              Tenant             Sqft    Gross/mo    Base/mo   Escalation   Term    Exp Dte      Option       Dep
100                 Grocery Store       5700      Owner                 N/A        N/A        N/A         N/A       YES
500                 Barber Shop         1200      $1,200                YES       5-YRS    1/31/2016   Negotiable   YES
300                 Restaurant          1300      $1,500                YES       5-YRS    7/31/2016   Negotiable   YES
200                 Church              2400      $2,000                YES       5-YRS   11/30/2016   Negotiable   YES
600-700             Daycare             2500      $2,200                YES       5-YRS    1/31/2016   Negotiable   YES
400                 Vacant               900          $0    $1,000      N/A        N/A        N/A         N/A       N/A

TOTAL                                  14000      $6,900




              3575 Piedmont Road, Driveway A, Bldg. 15, Ste. 950 Atlanta, GA 30305                     Page 3
East Point Food-Mart Plaza, Georgia                                       For Sale


                                 Road Map View




                                  Satellites View




  3575 Piedmont Road, Driveway A, Bldg. 15, Ste. 950 Atlanta, GA 30305   Page 4
East Point Food-Mart Plaza, Georgia                                       For Sale

                                      Photos:




  3575 Piedmont Road, Driveway A, Bldg. 15, Ste. 950 Atlanta, GA 30305   Page 5
“Welcome to East Point!”                                    Let us Introduce Ourselves!
                                                             The Economic Development Department is here to
Settled in 1870 and named for being the railway point
                                                             assist you in all of your business plans and location
east of Atlanta and the West Point rail line, the City
                                                             needs. From small business services to large
of East Point is conveniently nestled inside the
                                                             corporation relocation packages, the Economic
perimeter of Atlanta with easy access to interstates
                                                             Development Department provides resource
I-285, I-20, I-75 and I-85. CSX and Norfolk Southern
                                                             assistance and business retention support for
rail lines still run through the heart of East Pont. East
                                                             businesses wanting to locate in East Point or grow
Point is approximately 10 minutes from downtown
                                                             their existing business here. Staffed with qualified
Atlanta, 7 minutes from Atlanta’s Hartsfield-Jackson
                                                             personnel, our main obligation is to provide your
International Airport and on the MARTA rail line.
                                                             business with smart growth initiatives and “tools”
The city has a population of approximately 45,000
                                                             for success.
and contains 13.8 square miles. To help promote
business growth and development, East Point offers
incentives such as: An Enterprise Zone, “One Stop
                                                            Our Partners >>>
Shop” plan review process, state job tax credits, its
                                                            • East Point Business & Industrial Development
own water reservoir (Sweet Water Creek) and power
                                                              Authority (BIDA)
utility, two Tax Allocation Districts (TAD), and a
                                                              (www.eastpointcity.org)
Business and Industrial Development Authority
                                                            • East Point Business Association
(BIDA). East Point’s Business and Industrial
                                                              (www.epba.org)
Development Authority can issue tax-exempt and
                                                            • South Fulton Chamber of Commerce
taxable industrial development bonds.
                                                              (www.sfcoc.org)
                                                            • Airport Area Chamber of Commerce
                                                              (www.airportchamber.org)
                                                            • Electric Cities of Georgia                                Your Business Specialists
                                                              (www.ecoga.org)

                                                                      Contact Bettie Allen at                           Opening Doors
                                                                            404.270.7058                                For Businesses
                                                               or via e-mail at ballen@eastpointcity.org
                                                                                                                        Like Yours
                                                                           City of East Point
  To provide exceptional city services in
  the most professional, courteous and
                                                                           Economic Development Department             The City of
                                                                                                                     EAST POINT
                                                                           1526 East Forrest Ave.
  effective manner to enhance the quality
                                                                           Suite 400
  of life in the city of East Point.
                                                                           East Point, GA 30344
                                                                           Office: 404.270.7057
    Mission Statement for the City of East Point
                                                                           www.eastpointcity.org
                Friendly, Knowledgeable Service
                                                                           Looking For a Place to Locate
                                                                           The City of East Point offers the amenities of a large city with the safety, friendliness, convenience and charm of a small town.


                                                                           Smart Business Growth >>>
                                                                           The development of the industrial/      Neighborhoods such as         such as the mixed-use                  award winning hospital and
                                                                           retail/commercial power centers at     Egan Park and Grant            development, Hilliards On             hospice out-patient center,
                                                                           the I-285 & Camp Creek Parkway         Estates experienced a          Main, Oxford Ridge                    known as South Fulton
                                                                           corridor by the City of East Point     re-emergence when              Townhomes, located behind             Medical Center and award
                                                                           served as a catalyst for growth in     dilapidated homes were         The Camp Creek Marketplace,           winning schools.
                                                                           South Fulton County. Located           restored                       Sterling Village Townhomes            Growth Tools >>>
                                                                           within this region are the Camp        back to                        in Jefferson Park, and the            Entrepreneurs are encouraged to
                                                                           Creek Marketplace, Camp                their                          single- family development            take advantage of the many
    Dependable is what we are. As a business owner in the                  Creek Pointe, Camp Creek               original                       Lakeside Preserve, off of Old         products and services provided
    City of East Point, we know that you depend on the                     Business Center and South              beauty.                        Fairburn Rd.                          by the listed business
    Economic Development Department to provide you with                    Meadow Business Park . These           Historical, industrial and     Why East Point? >>>                   administrations: Small Business
    quality and dependable services. We are here to serve                  power centers helped energize          commercial buildings such      The City is in close proximity to     Administration (www.sba.gov),
    your business needs by providing resource assistance,                  the South Fulton area with an          as the Buggy Works,            Atlanta’s Hartsfield-Jackson          Economic Development Corp. of
    site selection and possible financial partnerships. The                abundance of eateries, retail          Wagon Works and                International Airport, the            Fulton County
                                                                           shops, financial institutions,         Jefferson Station were         Georgia International                 (www.edcga.org), Development
    Economic Development Department trouble shoots
                                                                           personal health services, hotels       restored into prime office     Convention Center, all of the         Authority of Fulton County
    problems that may impede business growth and
                                                                           and jobs. East Point has also seen     spaces.                        major interstates and easy access     (www.co.fulton.ga.us) or the
    development. We are here to help you be successful in                                                                                                                              Atlanta Micro Fund
                                                                           the revitalization of some of its     Affordable Housing >>>          to transportation such as the
    East Point. We know that businesses, both big and small,               oldest residential communities                                                                              (www.ahand.org)
                                                                                                                 Over the last ten years, the    MARTA rail services and bus
    are essential to a viable city.                                        and commercial sites through          City has had several major      stops. The City is also home to an
                                                                           infill development.                   residential developments




                                                                            We are with you every step of the way >>>
    Finding a location that’s right for you >>>
                                                                            Businesses are viewed as clients and customers; not just another number in our database. We are here to provide you with technical
• 10 minutes from Downtown Atlanta
                                                                            assistance such as site selection services and maintain an up-to-date available property database. The Economic Development
• 7 minutes from Atlanta’s Hartsfield-Jackson International Airport
                                                                            Department holds semi-annual business seminars, provides marketing trends and demographic data reports, acts as a liaison
• No impact fees on all new development
                                                                            between the business community and city services and in many cases, makes referrals to financing and business development
• Approximately 2.3 million square feet of office/warehouse/distribution
                                                                            agencies.
    space.
•    100% tax exemption on all three classes of manufacturers inventory

				
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posted:8/13/2011
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