FOR SALE Independence Commercial Opportunity in Growing ...
Transcript of FOR SALE Independence Commercial Opportunity in Growing ...
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
Fully entitled 74+ commercial acres available in the Master Planned Community, Independence.
Located in one of the fastest growing submarkets of Gwinnett County, adjacent to Bay Creek
Park and Grayson High School. Features 3 signalized intersections on Hwy 20 (traffic counts
33,000), and directly adjacent to a 765 new home community (homes priced $360k-$450k).
FOR SALE
Under Construction
for 110 new active-
adult homes
‘Independence’
765 new homes
‘Independence’
Phase II
Magnolia Senior
Living
GRAYSON HIGH SCHOOL
(ENROLLMENT: 2,850 STUDENTS)Bay Creek Park AVAILABLE
AVAILABLE
5 Star Academy
Pre-School
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Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
INDEPENDENCE | Hwy 20, Gwinnett County | Aerial
GRAYSON HIGH SCHOOL
(ENROLLMENT: 2,850 STUDENTS)
DR HORTON – 765 NEW HOMES
UNDER CONSTRUCTION ON PHASE I
(Home prices $360,000 - $450,000
DR HORTON PHASE II
SOLD AND UNDER
CONSTRUCTION FOR
110 NEW HOMES
AVAILABLE COMMERCIAL
OUTPARCELS OUTLINED IN RED
2
6 ACRES OF PAD 8 SOLD
PAD 15 UNDER CONTRACT
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
❖450,000 SqFt zoned for - retail, restaurant, office
❖3 median breaks & signalized traffic intersections
❖Hwy 20 Traffic County – 33,000 cars / day (GDOT)
❖Adjacent acreage under development for 875 new
homes
❖2,700 new homes are in the pipeline
❖Avg HH Income - $90,000 (Neustar)
❖Adjacent to Grayson High – enrollment 2,850
❖Site plan is conceptual - zoning is not site plan
specific
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INDEPENDENCE | Hwy 20, Gwinnett County | Highlights
GRAYSON HIGH SCHOOL
‘Independence’
Phase II
‘Independence’ Phase I
765 new homes
110 new homes
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
4
INDEPENDENCE | Hwy 20, Gwinnett County | Demographics
2018 Household Ages in a 3 Mile Radius
Source: Neustar
Radius 5 Miles 3 Miles 1 Mile
Demographic Snapshot
2019 Q2 Pop 128,433 42,012 3,992
2019 Q2 HHs 41,926 13,644 1,287
HH Growth 2019 Q2 To 2024 Q2 6.5% 6.8% 7.0%
Pop Growth 2019 Q2 To 2024 Q2 6.6% 7.0% 7.1%
2019 Q2 Pop Below Age 19 38,319 12,652 1,204
2019 Q2 Pop Age 20-64 76,075 24,995 2,390
2019 Q2 Pop Age 65+ 14,041 4,365 397
2019 Q2 Household Income
2019 Q2 Average HH Income $93,685 $98,358 $93,594
Incomes <$25,000 4,310 12% 1,136 8% 146 12%
Incomes $25,000 - $50,000 7,878 18% 2,291 17% 223 18%
Incomes $50,000 - $75,000 7,807 18% 2,201 16% 190 18%
Incomes $75,000 - $100,000 7,481 20% 2,700 20% 272 20%
Incomes $100,000 - $125,000 5,142 12% 2,201 16% 170 12%
Incomes $125,000 - $150,000 3,452 7% 1,063 8% 79 7%
Incomes $150,000 - $200,000 3,224 8% 1,211 9% 144 8%
Incomes $200,000 + 2,633 5% 839 6% 63 5%
5 mile 3 mile 1 mile
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
4 MILE RADIUS
HollowstoneUnder development for 215 new homes
Brushy Fork/OaksUnder development for
98 new homes
Brookfield Farm Under developmentfor 113 new homes
SaddlebrookUnder development for 166 new homes
Gladstone Landing (TH)Under development for
66 new homes
Langley Farms Under development for
54 new homes
Planned for 176 new homes
StonecreekUnder development for
128 new homes
IndependenceUnder development for
765 homes
Ozora LakeUnder developmentfor 63 new homes
INDEPENDENCE | Hwy 20, Gwinnett County | Market
Central Park Under developmentfor 250+ new homes
• There are 30 new
construction
neighborhoods under
construction that will
bring an additional 1,284+
new homes to the market
(neighborhoods with 40 or
more remaining
opportunities are shown
on the map).
• Another 2,723+ new
homes are in the pipeline.
• 525 new homes were sold
between July 2018 –
November 2020 , bringing
an additional 525 new
rooftops to the submarket.
In a 5-mile radius:
• 129,500 population
• 42,200 households (HH)
• $82,200 avg HH income
• Average HH Age: 50
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Aspen GroveUnder developmentfor 159 new homes
Newberry Place Under development for
204 new homes
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
INDEPENDENCE | Hwy 20, Gwinnett County | Site Plan
SOLD TO A NATIONAL
HOMEBUILDER
FOR THE CONSTRUCTION
OF 765 NEW HOMES
SOLD TO A NATIONAL
HOMEBUILDER
FOR THE CONSTRUCTION
OF 765 NEW HOMES
SOLD AND UNDER
CONSTRUCTION FOR 110 NEW
FOR-SALE HOMES FOR THE
ACTIVE ADULT
Site plan is conceptual in nature. Zoning is not site plan specific.
6 ACRES SOLD FOR
SELF STORAGE
DEVELOPMENT
PAD 15 UNDER
CONTRACT
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
INDEPENDENCE | Hwy 20, Gwinnett County | Plan Exhibit
SOLD SOLD
SOLD
Site plan is conceptual in nature. Zoning is not site plan specific.
6 ACRES SOLD!PAD 15 U/C
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
INDEPENDENCE | Hwy 20, Gwinnett County | Parcel Pricing
PAD 5 SOLD AND UNDER
CONSTRUCTION FOR 110
NEW FOR-SALE HOMES IN
AN ACTIVE ADULT (55+)
COMMUNITY
SOLD
6 ACRES OF PAD 8
SOLD
6 acres of pad 8 is SOLD!
Pad 15 is under
contract
Pad - Parcel No.*
Approx. Acreage
Per Acre PriceEstimate Full
Price*
1 10 300,000.00$ 3,000,000.00$
2 2.8 300,000.00$ 840,000.00$
3 1.4 600,000.00$ 840,000.00$
4 1.6 300,000.00$ 480,000.00$
5 8.9 200,000.00$ 1,780,000.00$
6** 2.7 370,370.37$ 1,000,000.00$
7** 1.5 500,000.00$ 750,000.00$
8 8.4 250,000.00$ 3,600,000.00$
9 2.4 500,000.00$ 1,200,000.00$
10 1.3 500,000.00$ 650,000.00$
11 1.6 500,000.00$ 800,000.00$
12 2.2 500,000.00$ 1,100,000.00$
13 1.9 500,000.00$ 950,000.00$
14 1.7 500,000.00$ 850,000.00$
15 1.9 500,000.00$ 950,000.00$
16 2.8 500,000.00$ 1,400,000.00$
17 2.8 500,000.00$ 1,400,000.00$
18 2 500,000.00$ 1,000,000.00$
19 2 500,000.00$ 1,000,000.00$
20 1.8 500,000.00$ 900,000.00$
21 13.6 350,000.00$ 4,760,000.00$
22 7.7 350,000.00$ 2,695,000.00$
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
Pad - Parcel No.*
Approx. Acreage
Per Acre PriceEstimate Full
Price*
1 10 300,000.00$ 3,000,000.00$
2 2.8 300,000.00$ 840,000.00$
3 1.4 600,000.00$ 840,000.00$
4 1.6 300,000.00$ 480,000.00$
5 8.9 200,000.00$ 1,780,000.00$
6** 2.7 370,370.37$ 1,000,000.00$
7** 1.5 500,000.00$ 750,000.00$
8 8.4 250,000.00$ 3,600,000.00$
9 2.4 500,000.00$ 1,200,000.00$
10 1.3 500,000.00$ 650,000.00$
11 1.6 500,000.00$ 800,000.00$
12 2.2 500,000.00$ 1,100,000.00$
13 1.9 500,000.00$ 950,000.00$
14 1.7 500,000.00$ 850,000.00$
15 1.9 500,000.00$ 950,000.00$
16 2.8 500,000.00$ 1,400,000.00$
17 2.8 500,000.00$ 1,400,000.00$
18 2 500,000.00$ 1,000,000.00$
19 2 500,000.00$ 1,000,000.00$
20 1.8 500,000.00$ 900,000.00$
21 13.6 350,000.00$ 4,760,000.00$
22 7.7 350,000.00$ 2,695,000.00$
9
INDEPENDENCE | Hwy 20, Gwinnett County | Parcel Pricing
SOLD
Pad 15 is under
contract
6 acres of Pad 8 is SOLD!
Independence – Commercial Opportunity in Growing Gwinnett County Market
3340 Peachtree Road · Suite 1660
Atlanta, GA 30326
P: 404.504.8793 · F: 404.504.8771
www.avalonrepartners.com
Brooks Battle
Direct: 404.504.8776
Brent Story
Direct: 404.504.8793
INDEPENDENCE | Gwinnett Commercial Opportunity