Smyrna Area Office/Warehouse Flex Space Unit 1—4,253 sq ft · to I-285. Best value for office...

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Smyrna Area Office/Warehouse Flex Space Unit 1—4,253 sq ft

5292 Oakdale Road/ Unit 1- Smyrna/ Georgia/ 30082

Only one Unit left—unit is already built-out

22 ft Ceilings

Drive-In Door

ADA Compliant

Fully Sprinklered

City of Smyrna Zoned OD

Easy Access to I-285 & South Cobb Dr

Impressive first generation fee simple office flex space available in convenient Smyrna location.

The approximately 4,253 sq ft (Unit 1) space features a pleasing brick façade and masonry interiors. The 22-foot ceiling with exposed duct work, mezzanine level and warehouse area complete with a drive-in door reflect a loft-like office setting, ideal for your office or office warehouse needs. Located near South Cobb Drive & I-285, the property features easy interstate access and flexible City of Smyrna OD zoning. Purchase with today's low interest rates for a great long term investment while utilizing the space for your business today! Time is of the essence - only one unit remains in the 10-unit complex! Units are also available for sale!

Unit 1 $3,800/month

Contact Information:

Laura May, CCIM

(404) 876. 1640 ext. 115

[email protected]

This offering is subject to price adjustment or prior sale without notice. This information is provided by the owner and is deemed reliable, but is not warranted.

Please do not disturb tenants or owners.


5292 Oakdale Road - Summary of Offering

Executive Summary Only one unit remains in this 10-unit complex. Ideal for business services, such as flooring, exterminating, commercial printing, framing, etc. The unit is built-out and ready for immediate occupancy and is available for sale or lease. Easy access to I-285. Best value for office warehouse in Cobb County! Unit Summary Note: All square footage is approximate. HVAC is a 5 ton roof top unit. There is also a gas space heater located in the warehouse area. * Unit 1 has approximately 1,500 sq ft of warehouse space that can be increased or decreased based on need. ** Unit 1 lease rate includes all furniture, fixtures, and equipment—except conference table & chairs. Taxes, Parking, & CAM

Price Build Out 2009 Taxes

(Cobb & Smyrna) Unit 1 $469,000 Built out $4,698

Units are fee simple ownership CAM fees are approximately $150 per month CAM fees include dumpster, water, landscaping, exterior lighting and insurance

Parking 74 parking spaces 5 guaranteed spaces per unit

Unit 1 Lower Floor 3,653 *

Mezzanine Level 600 Total SF 4,253 Price $469,000 Price / SF $110.28 Lease Rate per SF $10.72 ** Monthly Lease Rate $3,800 Finish Built-Out


5292 Oakdale Road - Photos—Unit 1



Entrance Brick Exterior—Unit 1

Office Area Conference Room

Office Area—Mezzanine Level Built-in Cabinets in Conference Room


5292 Oakdale Road - Floor Plan, Unit 1


5292 Oakdale Road - Tax Plat, Unit 1



Site renderings are for illustration purposes only. Exact measurements should be independently confirmed within applicable due diligence period.

SOLD




5292 Oakdale Road - Survey

Site renderings are for illustration purposes only. Exact measurements should be independently confirmed within applicable due diligence period.

Approximately 600 sq ft mezzanine

SOLD


5292 Oakdale Road - Aerial Images



Highlands Pkwy

Oak

dale

Rd

South Cobb Dr


5292 Oakdale Road - Location Maps




Sec. 713. OD, office-distribution district. – City of Smyrna The intent of this section in establishing the OD district is to provide for office and distribution facilities not involving the manufacturing, fabrication, repair or servicing of any commodity or product and for limited commercial activities not devoted primarily to the retail sale of merchandise. Within any OD, office-distribution district, the following uses shall be permitted: (713.1) Financial institutions, including banks and savings and loan establishments. (713.2) Health clubs and other similar physical fitness establishments. (713.3) Reserved. (713.4) Reserved. (713.4.1) Miniwarehouses, for self-storage only and services accessory to the operation of the miniwarehouse including and limited to truck rental, provided the lot area is one acre or larger, the truck to property area ratio is not greater than two trucks per one acre of lot area, and the limited retail sale of storage related items. Miniwarehouses may include one apartment for a security guard or caretaker provided the apartment is an integral part of the warehouse complex and not a freestanding unit andprovided said apartment shall not be leased or rented to any second party. (713.5) Offices, including the following: (1) Offices of health service practitioners, including physicians, chiropractors and other licensed practitioners similar to those listed; (2) Other professional offices, including legal, accounting, auditing, engineering, architectural and others similar in character to those listed; (3) General business offices, including financial, real estate, insurance, manufacturers and sales representatives and others similar in character to those listed, provided that no goods are for sale at retail; (4) Governmental offices, including federal, state, county and city. (713.6) Office supply establishments, including accessory printing operations. (713.7) Parking lot and parking garage, both private and public. (713.8) Planned office development in accordance with the provisions of article X, section 1012. (713.9) Public buildings and uses other than those already permitted, provided that there is no outdoor storage of equipment and materials. (713.10) Retail sales and services accessory to the operation of an office building, institutional use, motel or hotel, conducted wholly within the building housing the use to which such activities are accessory, provided that the floorspace used or to be used for such secondary uses shall be limited to 25 square feet per room in hotel or motel, or ten percent of the net floor area in an office building or institutional use, and provided that: (a) Every public entrance to such a use shall be from a lobby, hallway or other interior portion of the primary use structure; (b) No show window, advertising or display shall be visible from the exterior of the primary use structure; and (c) No merchandise shall be stored or displayed outside of the primary use structure. However, the requirements of [subsections] (a) and (b) above shall not apply to restaurants and cafeterias secondary to a hotel or motel and office building or institutional use; these secondary uses may be located in a structure other than the primary use structure. The following accessory uses are permitted: (1) Barbershops, beauty shops, laundry and dry cleaning pickup and distribution stations and other similar personal service establishments; (2) Bookstores; (3) Drugstores and apothecary shops; (4) Florists; (5) Convenience food stores; (6) Gift shops; (7) Cafeterias and restaurants; (8) Lounge and/or package store for the consumption, and/or sale of alcoholic beverages; (9) Newsstands. (713.11) Wholesale trade sales and distribution establishments and warehousing facilities, including offices. (Ord. of 3-3-80, § 1; Ord. of 1-7-85 (85-6), § 1; Ord. of 6-6-88 (88-13); Ord. No. 96-02, 5-20-96)

5292 Oakdale Road - OD Zoning


5292 Oakdale Road - Lease Comparables

Subject Property

Lease Comparables

Location: 5292 Oakdale Rd., Unit 1, Smyrna, 30082

Description: Office/ Warehouse Industrial Condominiums

Square Feet: 4,253

Rate/ SF/Yr: $10.72

Location: 4451 Atlanta Rd., Suite 122, Smyrna, 30082

Description: Vinings Perimeter Business Park

Square Feet: 7,779

Rate/SF/Yr: $12.00

Location: 500 Technology Ct., Suite C, Smyrna, 30082

Description: Class B Flex Unit in Highlands Park

Square Feet: 2,573

Rate/SF/Yr: $10.25

Location: 200-240 Cobb Pkwy N, Suite 212, Marietta, 30062

Description: Class B Flex Unit in White Water Business Park

Square Feet: 6,776

Rate/SF/Yr: $9.50

Location: 1698 Sands Pl., Suite D, Marietta, 30067

Description: Class C Flex Unit in Cumberland Business Park

Square Feet: 3,410

Rate/SF/Yr: $8.50


5292 Oakdale Road - Oakdale Town Center Article

Future Site of Oakdale

Towne Center

SUBJECT


5292 Oakdale Road - Oakdale Town Center Article


Professional Bio

Laura A. May, CCIM VICE PRESIDENT Laura May, Vice President of Commercial and Investment Real Estate, has sold commercial real estate throughout the Southeastern United States. Licensed in Georgia and South Carolina, she specializes in income producing properties, including single-tenant and multi-tenant properties, shopping centers, net-leased investments, office and industrial build-ings in the Cobb County area, with a concentration in the Cumberland / Galleria submarket. Additionally, Laura

has developed a special niche for User or Owner-Occupied properties, adding tremen-dous value through her expertise, market knowledge, and strong market relation-ships. An advisor as well as a broker, Laura leverages her skill and experience to facili-tate 1031 tax deferred exchanges, cost segregation, and financial feasibility analyses. AFFILIATIONS Laura has held leadership positions and served on the boards of various commercial real estate organizations. Current Professional Affiliations include:

• Certified Commercial Investment Member (CCIM) • International Council of Shopping Centers (ICSC) • Urban Land Institute (ULI) • National Association of Realtors (NAR) • Atlanta Commercial Board of Realtors (ACBR) • Smyrna Business Association (SBA)

EDUCATION Starting her formal schooling in California at UCLA, Laura completed her education at Georgia State University, earning a Bachelor’s degree in Finance and a Master’s degree in Decision Support Systems. Laura holds the prestigious CCIM designation. BEYOND THE OFFICE Born in Northern California, Laura has made Atlanta her home since 1987, and currently resides in the Smyrna/Vinings area. Laura plays ALTA & USTA tennis, appreciates fine art and wine, and enjoys boating on Lake Lanier.


This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersigned party (“Receiving Party”), the owner of the subject property and undersigned agent for the owner, Bull Realty Incorporated (“Broker”). Now, therefore in consideration of the privileges granted to Receiving Party with respect to receiving certain confidential informa-tion, and other good and valuable consideration, the Receiving Party hereby agrees to the following: I. Confidential Information: Receiving Party will receive confidential information regarding a property referred to as 5292 Oakdale Road, Smyrna, GA 30082. Receiving party agrees to not disclose with any person that the property may be available for sale or lease, or that discussions or ne-gotiations are taking place concerning a possible purchase or lease of the property, nor any terms, conditions, or other facts with re-spect 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 writ-ing. 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 and agrees that Bull Realty, Incorporated, will be used as the sole broker or agent in connection with the purchase or lease of the property paid by and representing the Seller. Receiving party agrees to not be involved in any arrange-ment to purchase the property, in whole or part, as a lender, partner or in other manner, unless Bull Realty, Incorporated is included as the only Real Estate Broker paid in the transaction by the seller/landlord. Receiving party reserves the right to involve any agent, broker, attorney or other advisor in the transaction provided said party is paid by the Purchaser and said party has agreed in writing to the confidentiality in paragraph one of this agreement. This Agreement shall be governed and construed in accordance with the laws of the State of Georgia. Accepted and agreed to this day of , _____.

Receiving Party Broker

By: By: Name/Title: Name: Laura May, CCIM #281943 Company: Company: Bull Realty, Inc. #H-20209 Address: Address: 3535 Piedmont Rd., Ste. 1100 Atlanta, Georgia 30305 Phone: Phone: 404-876-1640 ext. 115 Fax: Fax: 404-876-7073 Email: _________________________________ Email: [email protected]

Principal & Confidentiality Agreement

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Smyrna Area Office/Warehouse Flex Space Unit 1—4,253 sq ft · to I-285. Best value for office...

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