PGA TOUR Superstore

2255 Newpoint Parkway - Lawrenceville (Atlanta) GA 30043

LTV (Loan to Value)	65.00%	Current NOI	$0.00
Interest Rate	4.250%	Capital Rate	0.000%
Fixed Term	10 Years	Land Area	3.14 Acres
Amortization	25 Years	Lease Type	Absolute NNN
Loan Amount	$5,330,000.00	Property Type	Retail
Payment	$28,874.64	Property Lease	Golf & Tennis Pro Shop
Bulding Size	0 SF	Remaining Terms

Location Description

PGA TOUR Superstoreis owned and operated by Golf & Tennis Pro Shop, Inc., headquartered in Roswell, Georgia, whose chairman and controlling owner (through AMB Group, LLC) is Arthur M. Blank, retired Home Depot co-founder and owner of the Atlanta Falcons and MLS Atlanta. Additionally, PGA TOUR Superstore is the PGA TOUR’s exclusive partner for off-course/ off-airport golf retailing.As the PGA TOUR’s exclusive off-course/off-airport retail partner, PGA TOUR Superstore provides customers with access to the same technology and expertise that cardcarrying TOUR Pros use each week. All stores are staffed with teaching professionals and have multiple state-of-the-art golf simulators, practice hitting bays and a putting green to provide a unique, interactive experience to golf enthusiasts of all levels. There is also an in-house club repair facility. Along with equipment and accessories, PGA TOUR Superstore has an unmatched selection of men’s, women’s and juniors’ apparel and footwear for golf and tennis.

Highlights

Strong Professional Sport Brand Recognition - PGA TOUR Superstore has a 50 year licensing agreement with the PGA TOUR and…

Property Description

Atlanta is Georgia’s capital and most populous city, as well as the economic and cultural hub of the Atlanta metropolitan area. It also ranks 6th economically in the nation with a GDP of $270 billion, and 15th among world cities.Atlanta is considered an “alpha” or “world city”, and with a gross domestic product of $270 billion, Atlanta’s economy ranks 15th among world cities and sixth in the nation. Although Atlanta’s economy is considered diverse, dominant sectors include logistics, professional and business services, media operations, and information technology. Topographically, Atlanta is marked by rolling hills and dense tree coverage.