property brochure

AVAILABLE
1010 PRINCE AVENUE PROPERTY
ATHENS, GEORGIA
EXCLUSIVELY LISTED BY:
———— B ————
BOSWELL PROPERTIES
788 Prince Avenue
Athens, GA 30606
Phone (706) 546-8100
Fore More Information Contact:
Jamie Boswell, CCIM – [email protected]
Jay Boswell, CCIM – [email protected]
1010 Prince Avenue
Boswell Properties
Confidentiality Agreement
The information contained in the following Marketing brochure is proprietary and strictly
confidential. It is intended to be reviewed only by the party receiving it from Boswell
Properties and should not be made available to any other person or entity without the
written consent of Boswell Properties. This Marketing Brochure 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. Boswell Properties has not
made any investigation, and makes no warranty or representation, with the 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 the improvements, the
presence or absence of contaminating substances, PCB’s or asbestos, the compliance of
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
marketing brochure has been obtained from sources we believe to be reliable; however,
Boswell Properties has not verified the information contain herein, nor has Boswell
Properties conducted an 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 the
information set forth herein.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
PROPERTY DESCRIPTION
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Location Overview
The property is located in Athens, Georgia, which is approximately 60 miles northeast of
Atlanta and home to the University of Georgia. Athens-Clarke County is a unified
government and the population of Athens-Clarke County is approximately 110,000. The
Athens Metropolitan Statistical Area (MSA) includes Clarke County, Oconee County to
the south, Madison County to the north, and Oglethorpe County to the east. The
population of the Athens MSA is approximately 180,000. The University of Georgia is
the single largest employer in Athens and has approximately 9,000 employees and
32,000 students. The 1010 Prince Avenue property sits at the intersection of Prince
Avenue and Chase Street. It is also within walking distance of Athens Regional Medical
Center and the UGA Health Sciences campus. In addition, downtown Athens is within
1.5 miles of the site. The property has two tracts that sit on each side of Chase St. The
tract that is on the west side of Chase Street also fronts Prince Ave and is 1.83 acres of
land. This tract of land is zoned Commercial-Office and currently has two medical office
buildings totaling 47,335 square feet. The tract that is on the east side of Chase Street sits
on 3.21 acres of land and is zoned Commercial-Neighborhood. This tract also includes a
small residential lot which fronts Dubose Avenue which shall be excluded from this sale.
This property currently has a large parking area for the office complex and another
medical office building totaling 17,250 square feet. This property is unique due to the
size of the property and location proximity to the local hospitals as well as the proximity
to the UGA Health Sciences campus and downtown Athens. This property is ideal for
redevelopment with medical office use with some small additional retail use. The asking
price for the property is $6,500,000.
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Aerial Photo Facing North
Aerial Photo Facing East
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Aerial Photo Facing West
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Aerial of Prince Avenue Area
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Map of North Georgia
Map of Athens, GA
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Zoning Map of Property
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
Survey of Property
1010 Prince Avenue
Boswell Properties
1010 PRINCE AVENUE
PROPERTY SUMMARY
ADDRESS:
1010 PRINCE AVENUE
SIZE:
+/- 4.8 AC
ZONING:
COMMERCIAL – OFFICE (C-O) and
COMMERCIAL – NEIGHBORHOOD (C-N)
UTILITIES:
ALL AVAILABLE
TAX PARCELS:
114D3 A018, 114D4 C013 (excluding the residential zoned
portion)
PRICE:
$6,500,000
1010 Prince Avenue
Boswell Properties