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OFFERING MEMORANDUM

Multi-Tenant Lease Investment Opportunity


3750-3780 W County Line Road | Douglasville, GA 30135
INVESTMENT SUMMARY & HIGHLIGHTS
OFFERING SUMMARY PROPERTY SUMMARY
Price: $1,200,000 Address: 3750-3780 W County Line Rd
Cap: 8.26% Douglasville, GA
NOI: $99,183 County: Douglas
Price Per SF: $73.17 Building Area: 16,400 SF
Years Remaining: Varies Land Area: 2.18± AC
Built: 1984

HIGHLIGHTS
• Value-Add Investment Opportunity
• 91% Occupied Strip Center
• Majority of the Tenants are Service Oriented
• Population Growth Forecast of 6.49%
• Population of 316,268+ Residents Within 10-Miles
• Property is at the Corner of County Line Road and Fairburn Road With High Traffic
Counts of 29,410+ Vehicles Per Day
• Full 4-Way Lit Intersection
• Rent Roll is Resistant to Internet Competition
• HVAC Renovated in 2018
• Douglasville, GA is a Metro Atlanta Suburb
• 12-Miles West of Atlanta Beltway I-285
• 1-Mile South From the Full Interchange of I-20 and Fairburn Road With 93,600+ VPD

HARRY NORMAN, REALTORS® COMMERCIAL DIVISION


AREA OVERVIEW & AERIAL MAP

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STRIP CENTER

Douglasville Police
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WellStar Douglas

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Home Ridge
Apartments

SUBJECT PROPERTY DEMOGRAPHICS


3 Mile 5 Mile 10 Mile
Population 37,765 98,296 316,268
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R Average Household Income $71,150 $72,462 $75,467
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HARRY NORMAN, REALTORS® COMMERCIAL DIVISION


RETAIL MAP

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STRIP CENTER

HARRY NORMAN, REALTORS® COMMERCIAL DIVISION


ABOUT THE CITY TENANT PROFILES

Pause 4 Paws is a locally owned and operated Champion Karate and Fitness, located in Williamson Eye Care has been a leading provider
pet grooming salon in the Douglasville Area. The Douglasville, was founded in 1997 by Sensei of optometry services and vision care products
company is somewhat new to the area, but not Samantha Hostettler PHD. Sensei Hostettler in the Douglasville community since 1990.
new to the industry. Pause 4 Paws has been in the has over 25 years of competitive and training Williamson Eye Care is a member of Vision
industry for over 7 years. The owners, Eddie and experience. Champion Karate is Douglasville’s Source, a premier network of private practice
Richard, opened Pause 4 Paws Pet Grooming largest karate facility. Sensei Hostettler’s ability optometrists. Vision Source is a family of over
and Salon to pursue their passion and love for to reach children and adults alike has earned 3,300 locally owned practices and more than
animals. Eddie and Richard opened the dog Champion Karate a reputation as Atlanta’s best 4,600 doctors collaborating to provide quality
grooming salon together in 2012 and since then martial arts studio. Sensei Hostettler’s most professional eye care and to support the long-
have built a loyal customer base in a relatively recent accomplishment was being selected term success of independent optometry. Vision
short time. as a coach for the United States National Karate Source clinicians treat 16 million patients every
Team. Champion Karate and Fitness offers year. Together with healthcare partners, they
The main philosophy at Pause 4 Paws Pet karate classes for all ages. They have highly deliver positive outcomes and the gold stan-
The city of Douglasville is the county seat of Douglas County, Georgia. The city’s estimated population was Grooming and Salon is to provide the best trained staff that has been teaching families dard in patient care.
approximately 33,352 residents in 2017. Douglasville is located approximately 20 miles west of Atlanta and possible care for customer’s pet in a professional at the same location for over 15 years.
is part of the Atlanta Metro Area, which has a population of over 5,884,736 residents. and caring way. They offer multiple packages of Vison Source’s experienced eye doctors offer
pet grooming services. All dogs are hand dried They believe that every age group has its own comprehensive vision examinations at the
and fluffed so they are sure to look their best. learning pace. It is their priority to give customers Douglasville optometry office and specialize in
Downtown Douglasville is a nationally designated Main Street city and is listed on the National Register of
Cage dryers are never used. They will work with the most out of their karate training so they the diagnosis and treatment of a wide array of
Historic Places. Douglasville’s historic Downtown hosts many shops and eateries. The city contains a vibrant
customers to schedule regular appointments to offer separate individualized classes based on eye diseases, conditions, and problems. They
business area towards the Arbor Place Mall and Fairburn Road. This area hosts many major retail stores, food keep their dogs feeling clean and looking good. age group so that customers may retain what use advanced diagnostic technology and vision
stores and fast food chains. Six Flags Over Georgia, a 100-acre park with awesome rides, great shows, and They offer extremely low pet grooming prices is taught at a level that they deserve. They also correction products and are committed to
incredible attractions, is located only 10 minutes from Douglasville. Sweetwater Creek State Park is a peaceful compared to competitors in the area. offer a unique camp focusing on karate, sports improving the quality of life of people in the
tract of wilderness also only minutes from downtown Douglasville. The park’s trail follows the stream to the and fitness for elementary and middle school Douglasville community through enhanced
ruins of the New Manchester Manufacturing Company, a textile mill burned during the Civil War. In recent aged children. vision.
years, the historic downtown district of the city and the surrounding areas have become popular and famous
backdrops for film industries. Productions include Netflix’s Stanger Things (2016), The Founder (2015),
Hunger Games: Mocking Jay (2014) and Catching Fire (2013), Finding Carter (MTV series 2014), and Kill TYPE TYPE TYPE
the Messenger (2014). Private Private Private

FOUNDED FOUNDED FOUNDED


2012 1997 1990

WEBSITE WEBSITE WEBSITE


MyPause4Paws.com ChampionKarateAndFitness.com WilliamsonEyeCare-Douglasville.com

HARRY NORMAN, REALTORS® COMMERCIAL DIVISION


CONFIDENTIALLY 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 Harry Norman, REALTORS® and should not be made available to any
other person or entity without the written consent of Harry Norman, REALTORS®.

This Offering Memorandum has been prepared 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, 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, 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
its occupancy of the subject property.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however,
Harry Norman, REALTORS® has not verified, and will not verify, any of the information contained herein, nor has Harry
Norman, REALTORS® 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.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of confidential nature, that you
will hold and treat it in the strictest confidence and that you will not disclose its contents in any manner detrimental
to the interest of the Owner. You also agree that by accepting this Memorandum you agree to release Harry Norman,
REALTORS® and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or
purchase of this property.
EXCLUSIVELY MARKETED BY HARRY NORMAN, REALTORS®

ANGIE SARRIS
Lic. # 375706
Direct: 310-500-6668
Angie.Sarris@HarryNorman.com
© 2019 Harry Norman, REALTORS®. The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. Harry Norman, REALTORS®
does not doubt its accuracy, however, Harry Norman, REALTORS® makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsibility of each
individual to conduct thorough due diligence on any and all information that is passed on about the property to determine it’s accuracy and completeness. Any and all projections, market
assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these projections, market assumptions
and cash flow analysis are subject to change with property and market conditions. Harry Norman, REALTORS® encourages all potential interested buyers to seek advice from your tax,
HARRY NORMAN, REALTORS® COMMERCIAL DIVISION financial and legal advisors before making any real estate purchase and transaction.

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