ALLEN ROAD ASSEMBLAGE Sandy Springs, GA 30328 Fulton County One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions. Steve Massell, CCIM 404.442.2838 [email protected] Exclusively Marketed By: Irreplaceable Build-to-Suit Site in Heart of Sandy Springs
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ALLEN ROAD ASSEMBLAGE Sandy Springs, GA 30328 Fulton County
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
Steve Massell, CCIM 404.442.2838
Exclusively Marketed By:
Irreplaceable Build-to-Suit Site in Heart of Sandy Springs
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
ALLEN ROAD ASSEMBLAGE
4.81 acres, up to a potential 14 +/- acres of hard to obtain, in-town parcels in the heart ♥ of the designated Downtown Redevelopment District of Sandy Springs. This property is well - suited for Townhome, Condominium, Senior Living, Mixed Use Commercial, and perhaps Multi-Family developments. Located off Lake Forrest Road, Allen Road, and Sandy Springs Circle with immediate access to Inter-state 285, all of The City of Sandy Springs, and close proximity to Buckhead. The site is less than three blocks from the planned “Town Center of Sandy Springs” and proposed Government Center – and is walking distance to churches, schools, grocers, retailers, dining and entertainment options (“Walkscore” Rated 85/100 – Very walkable*). Within one mile are over 2,000,000+ square feet of Office, Retail, Hospitality, Fitness, Banking and a multitude of service providers . Mix of current Zoning applicability under the Comprehensive Development Plan: Live/Work Regional (20 units/acre, up to 25,000 square feet/acre of commercial use), Live/Work Community (5 units/acre, up to 10,000 square feet/acre commercial), and Live/Work Neighborhood (residential in nature). Located within the Sandy Springs/ I- 285 / Roswell Road Corridor “Opportunity Zone and Re-Development Area” and a portion of LCI. “Main Street Sandy Springs” overlay district of the Comprehensive Plan which allows four (+) stories in height – subject to setbacks and approvals. Ideal for compact, mixed-use, pedestrian friendly and transitional residential – following the princi-ples of “New Urbanism”. Barriers to entry elsewhere make this a catalyst “Signature Site”!
PROPERTY HIGHLIGHTS:
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
ALLEN ROAD ASSEMBLAGE SENIOR HOUSING IN SANDY SPRINGS, GEORGIA Name # Beds Occupancy
Sunrise of Huntcliff Summit I 247 Full
Campbell-Stone 197 w/22 Assisted Living Full w/8 month waiting list
Mount Vernon Towers 300 w/26 Assisted Living 88% occupied; Assisted Living Full
Hammond Glen 193 Full
Average Monthly Fee
From $2,400
From $920
From $1,001
From $1,850
New Inventory 25
New Closings 55
Resale Inventory 183
Resale Closings 423
Total Inventory 208
Total Closings 478
Past 12 Months
MULTIFAMILY IN SANDY SPRINGS, GEORGIA The Sandy Springs submarket has an inventory of 3,762 Class “A” units
as of mid-year 2012 housed in nine apartment communities. The average street rents for Class “A” apartments stand at $1,193
minimum to $1,479 maximum, and Class “A” occupancy is 96.64% on average.
The inventory of Class “B” units in the Sandy Springs submarket
contains 4,265 units as of mid-year 2012 housed in 12 apartment communities.
The average street rents for Class “B” apartments stand at $1,057
minimum to $1,197 maximum, and Class “B” occupancy is 95.32% on average.
CONDOMINIUMS|TOWNHOMES IN SANDY SPRINGS, GEORGIA Platted active developed lot inventory is 414, making up approximately 80.5 months of supply.
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
CITY OF SANDY SPRINGS
“Sandy Springs will concentrate a majority or substantial share of the projected population and employment increases within designated live/work
centers. The City will promote the increase of its tax base, employment opportunities, and business growth. Development and redevelopment in
designated live/work centers will provide more housing in live/work centers and will emphasize connectivity to MARTA stations as central points of
activity and mobility.”
“Sandy Springs will prepare and implement a compre-hensive approach to reshape and redevelop suburban style, auto-oriented land use patterns along Roswell Road into more compact, mixed-use, pedestrian friend-ly places that are well served by bicycle, pedestrian, and public transit facilities, relieved from traffic conges-tion by a defined grid network of streets, and anchored by civic and institutional land uses, including a new Sandy Springs City Hall.”
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
SANDY SPRINGS COMPREHENSIVE PLAN Excerpt
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
SANDY SPRINGS COMPREHENSIVE PLAN Excerpt
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
SANDY SPRINGS COMPREHENSIVE PLAN Excerpt
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
SANDY SPRINGS COMPREHENSIVE PLAN Excerpt
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
TOWNHOME CONCEPTUAL PLAN Sample
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
FACTS AND FIGURES Sandy Springs is home to over 8,000 business and the headquarters of 3 Fortune 500 companies. United Parcel Ser-vice, Newell Rubbermaid, and First Data are all headquartered in Sandy Springs. Global Payments, Inc., Mirant Corp., and Spectrum Brands which are Fortune 1000 companies, are also based in the city. The city is also home to Children's Healthcare of Atlanta, InterContinental Hotels Group, IBM Internet Security Systems, Northside Hospital, Porsche Cars North America and Saint Joseph's Hospital.
The city's largest business district is the Roswell Road corridor and Perimeter Center (although Perimeter Mall itself lies in adjacent DeKalb County). Perimeter Center, which is the biggest edge city in the Atlanta area, includes many high-rise buildings, including the 570-foot (170 m) Concourse Towers, which are often identified locally as the "king and queen" towers because of their distinctive architecture. Just south of this business district, across I-285, is a major medical cen-ter, anchored by Northside Hospital, Children's Healthcare of Atlanta, and Saint Joseph's Hospital.
AFC Enterprises (owner of Popeye's Chicken) and Focus Brands (owner of Cinnabon) have their headquarters in Sandy Springs. Church's Chicken has its headquarters in Sandy Springs. First Data has its headquarters in Sandy Springs. Cox Enterprises and subsidiary Cox Radio are headquartered in Sandy Springs.
Sumitomo Corporation operates its Atlanta Office in Suite 2150 at Six Concourse Parkway, NE. Industries supported include Living Related Products and Real Estate.
EDUCATION Primary and secondary schools
Public schools are operated by the Fulton County School System. Elementary schools serving sections of Sandy Springs include Dunwoody Springs Charter Elementary School, Heards Ferry Elementary School, High Point Elementary School, Ison Springs Elementary School, Lake Forest Elementary School, Spalding Drive Charter Elementary School, and Woodland Charter Elementary School.[42] Two middle schools, Sandy Springs Middle School and Ridgeview Middle School, and two high schools, North Springs Charter School of Arts and Sciences and Riverwood High School, are in and serve Sandy Springs.
Private schools located in Sandy Springs include: Brandon Hall School (4th grade through high school) The Doris & Alex Weber School (high school) – Rated Top High School by the Sandy Springs School Association in 09’. First Montessori School of Atlanta (preschool through middle school) Greenfield Hebrew Academy (k–8) Holy Innocents' Episcopal School (preschool through high school) Mount Vernon Presbyterian School (preschool through high school) St. Jude the Apostle Catholic School (k–8) The Alfred and Adele Davis Academy (k–8) The Epstein School (k–8) Holy Spirit Preparatory School (k–12)
IMPRESSIVE FACTS: • The top 10 employers in the City employ 12,200 people. • According to the US Census, 72 percent of the households in Sandy Springs contain one or two people, and 55 percent of the houses built in the City were built after 1980. • Sixty percent of the residents of Sandy Springs have earned a bachelor’s degree and/or a master’s degree. • The median age for a Sandy Springs resident is 34. • The first six months of the Sandy Springs Fire Department’s existence, they answered 8,200 calls. • Part 1 crimes in the City have decreased 20.63 percent from fiscal year FY 2006 to FY 2007.
“While cities across the country are cutting services, raising taxes and contemplating bankruptcy, something extraordinary is happening in a suburban community just north of Atlanta, Georgia.
Since incorporating in 2005, Sandy Springs has improved its services, invested tens of millions of dollars in infrastructure and kept taxes flat. And get this: Sandy Springs has no long-term liabilities.”
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
DEMOGRAPHICS
One Alliance Center, 3500 Lenox Road, NE, Suite 200, Atlanta, GA 30326 Ph. 404.442.2810 / www.leeatlanta.com
Every effort has been made to obtain accurate information from the owner of the property and sources we believe to be reliable, however we assume no liability for errors and omissions.
ALLEN ROAD ASSEMBLAGE
Steve Massell, CCIM 404.442.2838
Exclusively Marketed By:
Irreplaceable Build-to-Suit Site in Heart of Sandy Springs
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