Medlock Crossing

OFFERING INTRODUCTION

Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire Medlock Crossing, a 159,793± SF true generational retail asset - strategically situated with over 1,300 FT of frontage at the pin corner of one of the busiest intersections in all of North Atlanta.

INVESTMENT HIGHLIGHTS

True generational real estate asset with a main and main position
At one of the highest trafficked intersections in north Atlanta

Incomparable location in Johns Creek – the wealthiest city in Georgia
Bolstered by the best educational system in the state, phenomenal infrastructure, and extremely low crime and unemployment rates

Phenomenal demographic profile
Includes 218,362 people within a 5-mile radius, a projected annual growth rate of 2.45% through 2030, and an average household income of $138.3K+

35 of 38 tenants at the Property have annual rent escalations
Providing accretive, built-in NOI growth with a 3.65% CAGR

Tenant roster comprised of an advantageous blend of e-commerce resistant retail uses
Including restaurants, medical offices, fitness and service providers, which make up over 88% of the shop space tenants

Extremely high traffic position with 1,330± FT of frontage at the intersection of Medlock Bridge Rd (GA-141) and State Bridge Rd
With a tremendous combined traffic count of 93,900 VPD

Intrinsically valuable, iconic tract of land covering 21 acres, with strong existing cash flow and immense future redevelopment potential
In one of the Southeast’s most affluent communities

Anchored by community mainstay - Regal Cinemas
Which has minimal theatre competition in the area and over 25 years of tenure at the Property, dating back to 1999

LOCATION ATTRIBUTES

MARKET OVERVIEW

Johns Creek: Georgia's Wealthiest City

Located 17 miles northeast of Buckhead and 24 miles from Midtown Atlanta, Johns Creek is the 10th largest city in the state of Georgia – home to a population of roughly 82,500. Situated in north Fulton County, Johns Creek is Georgia’s wealthiest city and the 95th wealthiest city in the country. Recognized as the safest large city in Georgia, Johns Creek boasts extremely low unemployment and nationally-ranked public schools. Home to an abundance of golf, tennis and swim communities, the city boasts premier municipal services and over 400 acres of parkland and nature preserves along the Chattahoochee River. Situated just 45 minutes from Hartsfield-Jackson Atlanta International Airport, Johns Creek is an idyllic enclave with a small town feel and all the conveniences of a major city, just a short drive away.

PROPERTY ACCOLADES

Generational North Atlanta Asset

Johns Creek

Situated in the heart of Johns Creek, Medlock Crossing is part of one of the Southeast’s most affluent communities and Georgia’s wealthiest city. Home to the best public high schools in the state and some of the most renowned golf course communities in the city, Johns Creek is an idyllic Atlanta suburb with phenomenal historic and projected growth. Repeatedly recognized as one of the safest cities in Georgia, Johns Creek boasts extremely low unemployment and award-winning municipal services – all just 24 miles from Midtown Atlanta.

One of North Atlanta’s Busiest Intersections

Situated at the signalized corner of Medlock Bridge Rd (GA-141) and State Bridge Rd in Johns Creek, Medlock Crossing is positioned at one of the busiest intersections in all of north Atlanta, which accommodates 93,900 VPD in front of the Property. Commuters traveling between in-town markets like Buckhead and preeminent north Atlanta communities, utilize GA-141, which runs over 29 miles from the heart of Buckhead to Cumming, GA; accessing major sub-markets, including Peachtree Corners, Norcross, Johns Creek, Alpharetta, and Suwanee. State Bridge Rd runs northwest and southeast, becoming GA-120 and connecting Alpharetta and Milton (to the north) with Duluth and I-85, on the east side of the city.

TENANT HIGHLIGHTS

Regal: A Community Mainstay

E-Commerce Resistant Shops

Medlock Crossing is home to a wide array of shop tenants, dominated by favorable, e-commerce resistant retail uses. Highlighted by multiple medical offices, a plethora of fast-casual and dine-in restaurants, men’s and women’s salons, fitness tenants, bakeries and coffee purveyors; e-commerce resistant retail comprises roughly 88% of the existing shops, enhancing the experiential atmosphere at the Property.