MAGNOLIA PLAZA 5755 North Point Parkway, Suite Buford Hwy, Norcross (Atlanta MSA), GA Alpharetta, GA

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1 5755 North Point Parkway, Suite 262 Alpharetta, GA

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3 Magnolia Plaza is a four tenant shopping center and is 85% leased. Tenants include two medical uses, and one local tenant. The GLA is 9,243 square feet and the building was constructed in All leases have terms of at least 5 years, except a Master Lease from the Seller, which expires in late The location is in Norcross just northeast of the historic downtown Norcross area and is on a busy thoroughfare with over 40,000 car count. This area has seen population growth of over 10% within 1 mile and, more importantly, projected average household income growth of almost 8% over the next 5 years, now at over $73,000 per year (5% above the US average). The center further benefits by a very high daytime population of over 73,000 within 3 miles. 85% Leased; 3 Tenants signed 5 Year Renewal Average 1 & 3 mile household income over $73,000 Excellent Physical Condition 2007 Construction Sees over 40,000 Cars Per Day BUILDING: 9,243 SF LAND: +/ ACRES YEAR BUILT: 2007 Magnolia Plaza sits in the densely populated area of Norcross, GA, with 75,000 residents within 3 miles. Norcross makes its home in Gwinnett County, Georgia s second largest county by population and one of the fastest growing over the last thirty years. Gwinnett has experienced a 50% increase in population since 2000 as the Atlanta metropolitan area has continued to stretch through the north and northeast areas of the county. Norcross is home to a diverse business environment, including light manufacturing, retail, office, and research and technology companies. Norcross appeals to all types of companies due to its central location to the metro Atlanta highways and almost every other amenity imaginable. The city has developed incentives to attract new businesses with the redevelopment of downtown and uptown districts. Norcross also boasts a skilled and diverse workforce to supply businesses with employees.

4 Please note: Map Depicts 5 Minute Drive Time

5 Please note: Map Depicts 5 Minute Drive Time

6 Please note: Lot Lines are Approximate

7 Please note: Lot Lines are Approximate

8 RETAIL RESIDENTIAL INDUSTRIAL OFFICE SELF STORAGE

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13 S U IT E T EN A N T S Q U A R E FO O T A G E % O F CENT ER S T A R T L EA S E T ER M EXP IR A T IO N A N N U A L B A S E R EN T A N N U A L R EN T /S Q. FT. ES T IM A T ED R ECA P T U R E ES CA L A T IO N S O P T IO N S 101 SY M ed 3, % Jun-11 M ay-21 $48,000 $16.00 $12,552 NO NE N O N E 103/104 Rose M assage 2, % M ay-16 M ay-21 $28,200 $13.43 NO NE 1 x 3 Y e a rs 105/106 In-Q uest M edical Research 2, % M ar-16 M ar-21 $60,000 $21.43 $10,593 NO NE 1 x 3 Y e a rs 107 M aster Lease (VAC ANT) 1, % Sep -18 $23,126 $17.22 $4,482 NO NE N O N E 7,900 $159,326 $27,627 O ccupie d 85% 9, % $159,326 $17.24 $27,627 V a ca nt % % $0 #D IV /0! M a s te r L e a s e - S e lle r to p a y a ll re nt a nd N N N f e e s in ca s h upon C los ing S e e Te na nt O v e rv ie w on P a g e 15

14 F i n a n c i a l B u i l d i n g P ric e: $ 1,7 7 5,0 0 0 Y ear B u ilt: 2007 D o w n P aym en t : % $ 5 3 2,5 0 0 B u ild in g Sq u are F eet: 9,2 4 3 Current CA P : % Lan d Parcel ( Acres) : 1.00 C o st p er G ro ss Sq u are F o o t: $ A n n u al R en t p er Sq u are F o o t: $ L o a n I n f o r m a t i o n T e n a n t s F irst Lo an A m o u n t: $ 1,2 4 2,5 0 0 SY M E D In terest R ate: % In q u est M ed ial R esearc h A m o rtiz atio n : T erm : M o n th ly Paym en t: 25 R o se M assage 5 F ixed M aster Lease $ 7, * Lo an in fo rm atio n is p ro p o sed fo r an alysis p u rp o ses o n ly. B u yer m ay o b tain a n ew lo an o r c o m p lete an all c ash ac q u isitio n. R e t u r n Current R ents E x p e n s e s Sc h ed u led G ro ss In c o m e $ 1 5 9,3 2 6 T axes $ 1 2,4 8 5 Plu s O verage - In su ran c e 2,0 3 5 Plu s R ec ap tu re 2 7,6 2 7 M ain ten an c e 8,2 8 0 T o t al In c o m e $ 1 8 6,9 5 3 U tilities V ac an c y R eserve 9, % * M an agem en t 3.0 % 4,7 7 9 G ro ss O p erat in g In c o m e $ 1 7 7,6 0 6 Lan d sc ap in g/sw eep in g 1,5 0 0 Less E xp en ses 3 4,2 6 5 R u b b ish 3,8 0 0 N et O p erat in g In c o m e $ 1 4 3,3 4 0 R eserves ( $0.15/SF ) 1,3 8 6 Lo an Paym en ts 8 9,3 4 8 P re Tax Cash F low $53, % Plu s Prin c ip al R ed u c tio n 2 4,7 0 5 T o t al R et u rn B efo re T axes $ 7 8, % T o t al E xp en ses $ 3 4,2 6 5 $ PSF $ 3.7 1

15 SY MED was founded by Dr. Syamala Erramilli, M.D., who has practiced Internal Medicine in metro Atlanta for 17 years. Dr. Erramilli is a board certified Internist and board certified Palliative and Hospice care specialist in Georgia. Dr. Erramilli sees patients at her two offices, one in Tucker and one in Norcross. SY MED is open on Saturday and has extended hours on Wednesday. Dr. Erramilli recently added a highly effective Weight Management Program to her portfolio. She has personally guaranteed this lease. In-Quest Medical Research is a dedicated multi-specialty research site proficient in conducting phase II IV clinical drug and device trials. Their research team has worked for and on behalf of (sponsors/cro's): Abbott, AstraZeneca, Bristol- Myers Squibb, Cephalon, Covance, Elan, Furiex, Gilead, GlaxoSmithKline, Hoffman-LaRoche, ICON, Kendle, Merck, Novartis, Parexel, PPD, Pfizer, Quintiles, Wyeth. Founded by medical physicians and healthcare professionals, In-Quest Medical Research, LLC has been providing patient care to their many study volunteers since Each physician is certified by the American Board of Internal Medicine and comes to their practice in their area of specialty, these include: Cardiovascular, Dentistry, Dermatology, Endocrine, Family Practice, Gastroenterology, Genitourinary, Hematology, Infectious Disease, Neurology, Pulmonary, Rheumatology, Sleep Studies, and Women s Health. Rose Massage has four locations in the metro Atlanta area in Dunwoody, John s Creek, Norcross and Roswell. They offer various types of massage including: Swedish, deep tissue, vichy spa, hot stone, foot massages, and MPS Therapy for pain management.

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18 One Mile Three Miles Five Miles Notes Population 2016 Population 9,604 75, , Population 8,724 70, ,938 5 Year Projected 10,492 81, ,905 Growth Over the Past 5 Years 10.09% 7.88% 6.70% Projected Growth Over the Next 5 Years 9.25% 7.62% 6.64% Households 2016 Households 3,101 25,765 85,395 % Owner Occupied 58.72% 47.76% 43.46% % Renter Occupied 41.28% 52.24% 56.54% 2010 Households 2,857 24,174 81,429 5 Year Projected 3,359 27,573 90,398 Growth Over the Past 5 Years 8.54% 6.58% 4.87% Projected Growth Over the Next 5 Years 8.32% 7.02% 5.86% Income 2016 Average Household Income $73,344 $74,276 $72,353 5 Year Projected $79,082 $79,691 $78,178 Projected Growth Over the Next 5 Years 7.82% 7.29% 8.05% Over 75,000 people within 3 miles Average household income over $74, United Stated Median Household Income $69,821 Employment & Establishments 2016 Employees/Daytime Population 6,830 73, , Total Establishments 694 5,717 13,420 Race White 38.3% 38.7% 41.6% Black 19.0% 22.6% 22.8% Hispanic Origin (Any Race) 40.0% 35.9% 36.1% American Indian/Eskimo 0.6% 0.8% 0.7% Asian/Pacific Islander 16.8% 15.4% 13.8% Two or More Races 4.6% 4.3% 4.0% Other Race 20.7% 18.3% 17.0% Daytime population over 73,000 within 3 miles