Shopping Center – 100 % Leased
101 Greystone Power Blvd. – Dallas, Ga.

5 Retail Shops, opened 2008 – 12,000 sf Total - mixed-use

Mixed Use Retail
Good mix of tenants all on 3 Year Lease with 9% total escalation

1   Tropical Joe Smoothie
       Paying $17.15
2   Chiropractic Services
       Paying $17.45
3   212 Fitness Center
       Paying $13.87
4   Marshal Arts Center
       Paying $ 17.40
5   Cultural Arts Center
       Paying $ 18.24

Center is 100% occupied

Investors Dream

Walk into a brand new 12,000 sf mixed use Retail Center that is 100% occupied.

All maintenance is under warranty and tenants mix is good and doing well.

There is a waiting list of tenants to move in here…

This is one of the fastest growing locations in Paulding County, which is the 3rd fastest growing county in Georgia (soon to be #1).

This center will appraise at or above its asking price of $2,090,000.00. Interest only on $2.1 Million @ 6% is $126,000 year, and present income is $199,570.00 year
Income at escalation: $212,000.00

NOI - $181,000.00

CAP RATE – 8.6% in 2008 - 9.1% in 2010

YOU DO THE MATH… This investment works !

Offered At: $2,090,000.00

770- 475-4100

Another EXCELLENT INVESTMENT Offered By: Debra Seaver – 678-849-6884

Exterior – Front side has 3 businesses	Build-Out on Chiropractic office
Build-Out on Tropical Joe Smoothy	Build-out at Cultural Arts Center

101 Greystone Power Blvd. @ corner of Cadillac Pkwy. 1 block from Jimmy Campbell Parkway (120 – 278)

.Mixed Use Shopping Center
101 Greystone Power Blvd.
Dallas, Georgia

CAP- 8.6%
12,000 sf. 6 months old - 100% Leased
Valued at - $2.020,000.00

INCOME:

5 units leased - 100% All on 3 year leases with 3% annual escalation, and all leases are less than 1 year old.

1. Tropical Joe Smoothie            1,400 sf -   paying $ 2,000.00 per month =    $17.15     annual = $ 24,000.00
2. Chiropractor                           1,400 sf -   paying $ 2,035.00 per month =    $17.45     annual = $ 24,430.00
3. 212 Fitness Center                 3,200 sf -   paying $ 3,700.00 per month =    $13.87     annual = $ 44,384.00

4. Marshall Arts Center 3,200 sf - paying $ 4,650.00 per month = $17.40 annual = $ 55,680.00

5. Cultural Arts Center                2,800 sf -   paying  $ 4,250.00 per month =    $18.24     annual = $ 51,072.00

        Sq. ft total       12,000   -    monthly - $ 16,635.00      average $16.82 X 12000 = $199,566.00 yr. GOI

EXPENSES:

Landscape & parking lot
Electricity
Insurance
Garbage
Taxes
Management Fee

Total Expenses

$ 100.00     Monthly
$ 100.00     Monthly
$ 190.00     Monthly
$ 115.00     Monthl
$1000.00     Monthly
$                 Monthly

$ 1,505.00 Monthly

$ 1,200.00    year
$ 1,200.00    year
$ 2,272.00    year
$ 1,380.00    year
$12,000.00    year
$                  year

$18,050.00 year GOE

NET OPERATING INCOME

2008 NOI = $ 181,000.00

2009 NOI = $ 186,430.00

2010 NOI = $ 192,022.00

CAP RATE

Effective CAP Rate at $2,090,000.00 acquisition price = 8.6% in 2008

Effective CAP Rate at $2,090,000.00 acquisition price = 8.9% in 2009

Effective CAP Rate at $2,090,000.00 acquisition price = 9.1% in 2010