Buckhead’s Healthcare Hub - Loudermilk...

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Buckhead’s Healthcare Hub

Transcript of Buckhead’s Healthcare Hub - Loudermilk...

Page 1: Buckhead’s Healthcare Hub - Loudermilk Companiesloudermilkco.com/wp-content/uploads/2017/01/371-East...Split-level design provides doctors and staff with exclusive parking through

Buckhead’s Healthcare Hub

Page 2: Buckhead’s Healthcare Hub - Loudermilk Companiesloudermilkco.com/wp-content/uploads/2017/01/371-East...Split-level design provides doctors and staff with exclusive parking through

371 EAST PACES FERRY

UNOBSTRUCTED VIEWS OVERLOOKING BUCKHEAD, MIDTOWN AND DOWNTOWN

ADDRESS 371 East Paces Ferry Road, Atlanta, GA 30305

TOTAL SIZE 119,199 rentable square feet

STORIES 7 floors of medical office space

FLOORPLATES Average of 15,300 square feet per floor

PARKING 7-level parking deck with direct elevator access to each floor

PARKING RATIO 4.1 spaces per 1,000 square feet

AMENITIES • Abundant on-site parking in secure deck• Street-level retail• On-site pharmacy / sundry shop

LOCATION Walk Score of 92 – considered a “walker’s paradise” with the Buckhead Village shops, eateries, and services within a short distanceEasy & quick access to nearby hospital campuses:• Piedmont Hospital• Emory Hospital Midtown• Emory University Hospital• Children’s Healthcare • St. Jospeh Hospital • Northside Hospital

3 miles / 10minutes7 miles / 15 minutes6 miles / 20 minutes6 miles / 15 minutes6 miles / 15 minutes6 miles / 15 minutes

PROJECT TEAM • Developer • Leasing Agent

The Loudermilk CompaniesCushman & Wakefield

SCHEDULED DELIVERY

Spring 2018

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FLOOR ACCESS TO PARKING

Property offers valet

parking through the

East Paces Ferry Rd

entrance as well as

complementary self

parking with direct

floor access on the

first five floors for

the convenience of

patients.

Split-level design

provides doctors and

staff with exclusive

parking through

the Buckhead Ave.

entrance on the

bottom two floors.

ADDRESS 371 East Paces Ferry Road, Atlanta, GA 30305

TOTAL SIZE 119,199 rentable square feet

STORIES 7 floors of medical office space

FLOORPLATES Average of 15,300 square feet per floor

PARKING 7-level parking deck with direct elevator access to each floor

PARKING RATIO 4.1 spaces per 1,000 square feet

AMENITIES • Abundant on-site parking in secure deck• Street-level retail• On-site pharmacy / sundry shop

LOCATION Walk Score of 92 – considered a “walker’s paradise” with the Buckhead Village shops, eateries, and services within a short distanceEasy & quick access to nearby hospital campuses:• Piedmont Hospital• Emory Hospital Midtown• Emory University Hospital• Children’s Healthcare • St. Jospeh Hospital • Northside Hospital

3 miles / 10minutes7 miles / 15 minutes6 miles / 20 minutes6 miles / 15 minutes6 miles / 15 minutes6 miles / 15 minutes

PROJECT TEAM • Developer • Leasing Agent

The Loudermilk CompaniesCushman & Wakefield

SCHEDULED DELIVERY

Spring 2018

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POPULATION EXPLOSION

8.5% GROWTHPopulation Growth: Metro Atl

2014-2019

OVER 300K5-mile population surrounding

371 East Paces Ferry

$124,513Average Household income

within 3-mile radius

371 East Paces Ferry’s central location creates a hub for 7 major hospital

centers within a five-mile radius, perfect for referrals and outpatient services.

Its premiere location is in the heart of Buckhead Village - one of Atlanta’s

fastest growing and most affluent districts.

Population within a mile of 371 East Paces Ferry grew by 52% over the

last decade and the number of housing units jumped 67%. Projections for

2016-2018 call for continued growth with nearly 9,000 additional apartment

units recently completed or now underway.

Despite recent growth within the area, Medical Office Building (MOB)

supply in the Buckhead area is minimal. Currently, the majority of healthcare

services and medical office space is confined to the areas surrounding major

Atlanta hospitals which are more than four miles from the heart of Buckhead.

In addition to the area being underserved, the majority of the available office

properties are older, supporting the strong demand for a centrally located,

Class A medical office building that reflects the neighborhood’s affluence.

ACCESSIBILITY

2 MINUTES FROM HIGHWAY

HEALTHCARE HUB

WITHIN 6 MILE RADIUS OF MAJOR HOSPITAL CENTERS

LOCATION

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1. Consumerism in healthcare will require providers to offer accessible, convenient and upscale delivery sites containing or adjacent to amenities - none better than Buckhead Village

2. The building offers patients and tenants easy and quick access to Atlanta’s major hospital campuses.

3. Healthcare providers should be advocates for a healthy lifestyle. A study by the University of Utah showed that the average person in a walkable neighborhood weighs 6-10 pounds less than someone in an unwalkable neighborhood With a WalkScore of 92, an office location at 371 EPF shows your patients and employees a commitment to their well-being.

4. Only 5 Class A MOBs have been delivered in past 15 years inside the perimeter. Those buildings contain 1,145,000 sf and collectively are over 97%

285

85

75400

20

OFFICE STATS

1. In 2000, 20% of office construction was located in the CBD. In 2015, that percentage jumped to 40% as the trend reflects millennials shifting to live in the amenity rich & walkable urban core.

2. Over 290k daytime employee population within a 5-mile radius

3. Buckhead Submarket (2Q 2016)

a) 16,570,000 SF

b) 12.0% vacant, a 1.2 pp YoY improvement

c) Class A rental rate continues to grow

371 East Paces Ferry’s strategic and central location provides a number of significant advantages to medical practices:

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LOCAL AMENITIESLOCATION

23 Million SF of

Office Space

13.2 Million SF of Retail Space

5,200 Hotel Rooms

+200 Restaurants

371 East Paces is located in the acclaimed Buckhead District of Atlanta,

described as “the largest concentration of income and buying power to

be found in the southern United States.” Buckhead residents enjoy more

than 30 parks and recreation areas, 20 health clubs, and more than 200 of the

best restaurants and night life the city has to offer. It is home to Atlanta’s largest

park (Chastain Park), the Atlanta History Center, and the Governor’s Mansion.

The community has one of the nation’s top public school systems, nine private

elementary through high schools, nine business and vocational schools, and it

is only minutes away from Emory, Oglethorpe, Georgia Tech and Georgia State

Universities.

The epicenter of Buckhead, the Buckhead Village, is seeing a tremendous

amount of new development, driven by very strong population growth. The

project will be located one block east of Oliver McMillan’s $1 billion new mixed-

use development that features retail, loft office space and two multi-family towers. * Numbers represent surrounding area within 5 mile radius of property

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FUTUREDEVELOPMENT

THE ST. REGISATLANTA

COAST SEAFOOD & RAW BAR

HENRI’SBAKERY

CHOPSLOBSTER BAR

ATLANTA FISH MARKET

JOY CAFÉ

TAKASUSHI

BASIL’S

KALE ME CRAZY

STORICO FRESCO

BRIO

FADO

ANIS CAFÉ& BISTRO

KING &DUKE

CAFÉ AT PHARR

CAFÉAGORA

MEEHAN’S

BLUEMOONPIZZA

UMI

CORSO COFFEE

CAPITAL GRILL

DORAKUSUSHI

WHOLEFOODS

ATLAS

FLYWHEEL

SCULPTHOUSEBUCKHEADTHEATRE

PIECE OFCAKE INC

TRADER JOE’S

BONE’S

OCEANPRIME

CORNERCAFÉ

ANTICAPOSTA

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KYMA

BUCKHEADDINER

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POSTOFFICE

THE SOUTHERN GENTLEMAN

DOLCE

LE BILBOQUET

GABLES BUCKHEAD

ALLIANCE

HANOVERPARK PLACE

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VILLAGE

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EAST PACES FERRY RD NW

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CHARLIE LOUDERMILK

PARK

BUCKHEADMARKETPLACE

BUCKHEADATLANTA

FUTUREDEVELOPMENT

THE PEACHSHOPPING CENTER

FRANKIEALLENPARK

WALKINGRADIUS

ARIA

GYPSYKITCHEN

SHAKE SHACK

AMENITY KEYRETAIL

PARKS

DINING

FITNESS

APARTMENT

BUCKHEAD ATLANTAAlice + OliviaBonobosCanaliChristian LouboutinDiorDolce HermesIntermix

Jonathan AdlerJimmy ChooMonclerScoop NYCTheoryWarby ParkerAmerican Food and BeverageCorso Co e

Doraku SushiFado Irish PubGeorgetown CupcakeGypsy KitchenLe BilboquetShake ShackThe Southern GentlemanThirteen Pies

THE PEACH SHOPPING CENTERBarberitosBarnes & NobleChase BankDahn YogaH&R BlockJimmy John’sJo Ann Cleaners

Party CityPet SupermarketPublixStephen D. Negelow, DDSThe UPS StoreT-MobileVIP Alterations

BUCKHEAD MARKET PLACEBluemercuryThe North FaceVan Michael SalonWhole Foods Market

WALKABLE AMENITIES

Daily errands can beaccomplished on foot

359EAST

PACES

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FOR MORE INFORMATION ON 371 EAST PACES FERRY,

CONTACT EXCLUSIVE AGENTS:

GEORGE OLMSTEAD404.853.5361

[email protected]

ASHLEY JONES404.853.5230

[email protected]