THE VILLAGE AT SAVANNAH QUARTERS

Transcription

1 THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY POOLER, GA Adam Bryant, CCIM Partner Tom DeMint, CCIM Partner SVN GASC 6001 CHATHAM CENTER DRIVE, SUITE 120, SAVANNAH, GA OFFERING MEMORANDUM

2 Disclaimer The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 2

3 PROPERTY INFORMATION Property Summary Parcel Map & Descriptions Parcels B, I & J - Aerial Photo Parcels B, I & J - Aerial Photo Parcel I & J - Aerial Photo East Haven - Aerial Photo Additional Information LOCATION INFORMATION Regional Map Location Maps Aerial Map DEMOGRAPHICS Demographics Report Demographics Map ADVISOR BIOS Advisor Bio & Contact Advisor Bio & Contact THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA OFFERING MEMORANDUM

4 1 PROPERTY INFORMATION Pooler Parkway Pooler, GA THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 4

5 Property Summary OFFERING SUMMARY Lot Sizes: +/ / Acres Zoning: PUD PROPERTY OVERVIEW The subject offering includes 4 different land parcels, which vary in size and serve as the commercial component of the Savannah Quarters PUD, which has 4,400 current residents. The sites offer visibility from Pooler Parkway in addition to multiple points of ingress and egress including a signalized intersection at Blue Moon Crossing and Pooler Parkway. Development Infrastructure is in place including city utilities at the site. Present zoning is Planned Unit Development (PUD), which allows for a variety of commercial/ retail uses. Market: Submarket: Savannah Pooler LOCATION OVERVIEW The property is located on the outskirts of Savannah in Chatham County near the I-16/Pooler Parkway interchange and is located 5 miles west of the I-95/ Pooler Parkway (South Godley Station) interchange and 11 miles from Historic Downtown Savannah. The location is within the Savannah Quarters PUD, which is a 2,588 acre master-planned development that was initially planned by Greg Norman s Medallist Developments and is currently being developed by LStar Ventures, a Raleigh, NC based developer with a national platform of best in class master planned communities. THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 5

6 Parcel Map & Descriptions LOT # SIZE (AC) STATUS DESCRIPTION I 2.56 Available Retail/Restaurant Parcel/Medical Office J 2.77 Available Retail/Office/Medical Office/Hotel Parcel B 1.97 Available Office/Medical Office Parcel Easthaven Corner 3.19 Available Retail/Office/Medical Office Parcel THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 6

7 Parcels B, I & J - Aerial Photo THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 7

8 Parcels B, I & J - Aerial Photo THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 8

9 Parcel I & J - Aerial Photo THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 9

10 East Haven - Aerial Photo THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 10

11 Additional Information THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 11

12 2 LOCATION INFORMATION Pooler Parkway Pooler, GA THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 12

13 Regional Map THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 13

14 Location Maps THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 14

15 Aerial Map THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 15

16 3 DEMOGRAPHICS Pooler Parkway Pooler, GA THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 16

17 Demographics Report 1 MILE 5 MILES 10 MILES Total population ,041 95,012 Median age Median age (male) Median age (female) MILE 5 MILES 10 MILES Total households ,406 34,645 Total persons per HH Average HH income $74,772 $73,974 $63,357 Average house value $178,982 $178,257 $179,869 1 MILE 5 MILES 10 MILES Total Population - White ,438 58,173 % White 66.0% 65.8% 61.2% Total Population - Black 261 8,171 30,753 % Black 29.4% 29.1% 32.4% Total Population - Asian ,429 % Asian 1.8% 2.8% 2.6% Total Population - Hawaiian % Hawaiian 0.0% 0.0% 0.1% Total Population - American Indian % American Indian 0.0% 0.0% 0.1% Total Population - Other ,088 % Other 0.9% 1.0% 2.2% 1 MILE 5 MILES 10 MILES Total Population - Hispanic 32 1,364 6,555 % Hispanic 3.6% 4.9% 6.9% * Demographic data derived from 2010 US Census THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 17

18 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population ,041 95,012 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households ,406 34,645 # of persons per HH Average HH income $74,772 $73,974 $63,357 Average house value $178,982 $178,257 $179,869 ETHNICITY (%) 1 MILE 5 MILES 10 MILES Hispanic 3.6% 4.9% 6.9% RACE (%) White 66.0% 65.8% 61.2% Black 29.4% 29.1% 32.4% Asian 1.8% 2.8% 2.6% Hawaiian 0.0% 0.0% 0.1% American Indian 0.0% 0.0% 0.1% Other 0.9% 1.0% 2.2% * Demographic data derived from 2010 US Census THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 18

19 4 ADVISOR BIOS Pooler Parkway Pooler, GA THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 19

20 Advisor Bio & Contact ADAM BRYANT, CCIM Partner PROFESSIONAL BACKGROUND Adam Bryant, CCIM is a Partner with SVN GASC, specializing in the sale and leasing of land, office, retail and investment properties in Savannah, Georgia and surrounding areas including Effingham County. Bryant earned a Master of Business Administration as well as a Bachelor of Business Administration from Georgia Southern University. In addition, he has completed the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world. The CCIM designation is awarded to commercial real estate professionals upon successful completion of a graduate-level education curriculum and presentation of a portfolio of qualifying industry experience Chatham Center Drive Suite 120 Savannah, GA T adam.bryant@svn.com GA # SC #88499 Since joining SVN GASC in 2006, Bryant has completed more than $100 million in transaction volume and is a past recipient of the SVN Partner's Circle Award in recognition of outstanding sales while being ranked in the Top 10 producers in the nation of completed transactions at SVN. Bryant also serves as President for the Savannah / Hilton Head Realtors Commercial Alliance (RCA) Board. EDUCATION -Master of Business Administration (MBA) - Georgia Southern University -Bachelor of Business Administration (BBA) - Georgia Southern University MEMBERSHIPS & AFFILIATIONS Certified Commercial Investment Member (CCIM) THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 20

21 Advisor Bio & Contact TOM DEMINT, CCIM Partner PROFESSIONAL BACKGROUND Tom DeMint serves as a Senior Advisor for SVN GASC, specializing in retail, office, multifamily, and hospitality assets. DeMint utilizes over 30 years of Real Estate Development, Operating and Brokerage experience to assist clients and customers throughout the Southeast Fording Island Road Suite 107 Hilton Head Island, SC T C tdemint@svn.com SC #8142 GA # NC # Prior to joining SVN, DeMint served as President of The Thomas E. DeMint Company, which provided real estate site selection, brokerage and investment services. Clients and customers include: Easlan Capital, Batson Cook Development Company, Carolina Holdings, Inc, Marriott Corporation, Intercontinental Hotels, Manor Care Hotels, Choice Hotels, Earth Fare Foods, Food Lion, Metromedia Restaurant Group (Steak & Ale, Bennigans), Applebee's, and Adams & Wilson (CVS). The company also co-developed and operated a Fairfield Inn, Holiday Inn Express, and a vacation rental business in Myrtle Beach, SC in a partnership with Easlan Capital and The Burroughs & Chapin Company. DeMint received a BA from The University of Tennessee and an MBA from Clemson University. He holds the CCIM designation and is a licensed real estate broker in South Carolina, North Carolina, and Georgia. EDUCATION BA - University of Tennessee MBA - Clemson University MEMBERSHIPS & AFFILIATIONS Board of Directors - SC CCIM Chapter Board of Directors - Savannah Hilton Head Realtors Commercial Alliance. THE VILLAGE AT SAVANNAH QUARTERS POOLER PARKWAY, POOLER, GA SVN GASC Page 21