BARRETT COURT Kennesaw (Atlanta), Georgia

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1 BARRETT COURT Kennesaw (Atlanta), Georgia Exclusively Presented by: BARRETT COURT 1

2 Hic Trickum Rd INVESTMENT HIGHLIGHTS Transwestern s Southeast Investment Services Group is pleased to present the opportunity to acquire Barrett Court, located at 15 Vaughn Road NW in Kennesaw, Georgia. Situated on 4.94 acres, Barrett Court is a two-story 32,378 SF Class B office building. Built in 1998, the Property features flexible floor plans, ample parking, and is well located near numerous restaurants and retail. EXCEPTIONAL ACCESSIBILITY & LOCATION Barrett Court is well located along Vaughn Road in the heart of the Kennesaw/ Town Center office market with easy accessibility to both I-75 and I-575. Exceptional access to nearby amenities, high-end neighborhoods and executive communities, as well as a quick drive into Atlanta s urban core and Hartsfield-Jackson International Airport. Multiple transportation and infrastructure projects are currently complete or underway that will only improve traffic flow throughout the market, including the $17 million Skip Spann Connector (complete), the $43 million three phase South Barrett Reliever (Phase II 2018) and the $834 million Northwest Corridor Managed lanes (Spring 2018). VALUE-ADD INVESTMENT OPPORTUNITY Current market conditions present an opportunity for a potential investor to lease up at attractive, rising rates. Current in-place rents are below market providing the ability to increase rents over time. APPEALING DEMOGRAPHICS Barrett Court is located with Cobb County, one of the nation s wealthiest counties. Average household income within a 1 mile radius around Barrett Court is more than $81,000 with almost 25% of the population making over $100,000 annually. Kennesaw is the ninth largest city in Atlanta and one of the fastest growing in Cobb County. Since 2000, the Kennesaw population has grown by 55% outpacing Cobb County which has grown by only 25% for the same time period. KSU - A KEY DRIVER OF GROWTH FOR NORTHWEST ATLANTA Kennesaw State University (KSU) is the third-largest university in Georgia with more than 35,000 undergraduate and graduate students. KSU has nearly doubled in enrollment since 2003 and continues to grow. Atlanta and Kennesaw s demand for a well educated labor force continues to fuel the University s growth highlighted by more than $800 million in capital projects planned or underway. orth Dr NW d G New Macland Rd Apache Dr Cherokee Rd Acworth 176 BARRETT COURT - 15 VAUGHN ROAD NW, KENNESAW, GA Year Built 1998 Total Size 32,378 SF Acres 4.94 AC Number of Stories 2 Zoning OI Parking Ratio 155 or 5/1,000 per building Current Occupancy 88% # of Tenants 13 Due West Stilesboro Rd Cherokee Rd Macland Cobb Pkwy Dallas Hwy Lewis St Kennesaw Due West Rd Macland Rd Barrett P Alabama Rd Ridgeway Rd Baker Rd Kennesaw Villa Rica Rd 75 BARRETT COURT Cherokee St Kennesaw Mtn Natl Batl Park Ben King Rd Burnt Hickory Rd NW Milford Church Rd Wade Green Rd Cobb County Airport Bells Ferry Rd Ernest W Barrett Pkwy 41 Laurel Park Bells Ferry Rd Kennesaw Ave Bells Ferry Rd Roberts Rd Canton Rd Canton Hwy Whitlock Ave SW Roswell St 360 Austell Rd SW Church Street Marietta Cobb Dr Pat Mell Rd E Windy Hill Rd SW Towne Lake Pkwy Marietta Pkwy Atlanta St Fair Oaks 575 Cobb Pkwy S Fairground St Dobbins Air Guard Base W Main St Atlanta Naval Air Station Atlantic Rd Woodstock Shallowford Rd Ebenezer Rd Piedmont Rd Southern College of Technology Sandy Plains Marietta Pkwy Delk Rd Windy Hill Rd Cobb Pkwy Spring Rd Sandy Plains Rd Roswell Rd Old Canton Rd Old Sewell Rd Powers Ferry Rd Sewell Mill Rd Eugene Gunby Rd Alabama R Norton Ln BARRETT COURT 2 Po

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6 MARKET OVERVIEW METRO ATLANTA OVERVIEW Metro Atlanta, the economic nucleus of the southeast, is the ninth largest MSA in the U.S. and the 10th largest economy in the nation with a GDP of $324.9 billion. Home to 5.7 million residents and more than 155,000 businesses, including 18 Fortune 500 corporations, the region boasts one of the most vibrant economies in the country. A diverse collection of national and international corporations led by logistics, high-tech and manufacturing industries are attracted to Atlanta for the region s low cost of doing business, low construction costs, exceptional transportation infrastructure and accessibility to the largest pool of recent college graduates in the nation. REGIONAL SNAPSHOT Current Population 5,700,000 (2% annual growth since 2000) Workforce 2,800,000 (9th largest in U.S.) Unemployment 5.0% (Dec 2016) Job Growth #4 in Country Cost Of Doing Business 88% (Moody s Analytics) HIGH JOB CREATION Since 2010, Atlanta s job growth has significantly outpaced the national average and is expected to continue with Moody s predicting job growth in Atlanta to be 14.3% through The Atlanta economy has generated an average of 86,000 jobs annually since 2013, of which 80% of growth is estimated to be organic while only 20% represents jobs coming from outside the area. Mobile Technology Health IT ATLANTA S INDUSTRIES WITH HIGHEST JOB GROWTH Cyber Security Supply Chain/Logistics FinTech Bioscience Advanced Manufacturing 86K NEW JOBS/YEAR SINCE 2013 ATLANTA POPULATION GROWTH The Atlanta region remains a desirable place to live, thanks to the low cost of living and a strong, diversified economy that continues to create jobs. For the past 7 years, more people have moved to Atlanta than to any other metro area in the United States. It is estimated that metro Atlanta will add 2.5 million people in the next 25 years, bringing the region s population to more than 8 million. 160, ,000, ,000 80,000 60,000 40,000 20, PEOPLE MOVE TO ATLANTA A DAY (f) 2018 (f) 2019 (f) 2020 (f) YOUNG TALENTED WORKFORCE While Atlanta ranks as the top place to move, it is #2 in the nation for attracting millennials, the most coveted demographic in the country. Nearly 26% of Atlanta s residents are made up of this 25- to 34-year-old designation. Millennials are drawn to Atlanta because of the low cost of living and strong employment opportunities with top corporations. TOP TALENT Atlanta s workforce is competitive in a wide range of degree levels, offering an educated and trained talent pool for local hiring corporations. More than 275,000 students attend metro Atlanta s diverse selection of 66 colleges and universities. More than 34% of residents (age 25 or older) possess at least a bachelor s degree, and the region ranks third in the nation for highest number of degrees awarded to engineers. For More Information, Contact: Kevin Markwordt, CCIM kevin.markwordt@transwestern.com Todd Syprett todd.syprett@transwestern.com 3340 Peachtree Road, NE, Suite 1000 Atlanta, GA t: f: We obtained the information in this offering package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.