Lawrenceville, GA 30043 - Gwinnett County

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TRACT SIZE: ACRES SQFT

1.71 21,949

LOCATION: Fronting Briscoe Blvd at Briscoe Field Airport. Within 3 miles West of Lawrenceville CBD and 1/2 miles North of Highway 316. Approximately 30 miles Northeast of Atlanta CBD.

GWINNETT COUNTY, GA

CURRENT INTEREST: 25 Year Ground Lease within year 10 of 25 Year ground lease (leasehold interest) with airport authority. Renewals possible

GOUND LEASE AMOUNT: $1,959.38 = (BASE+ CPI CURRENT RATE)

$.07 PER GALLON OF GAS DELIVERED FROM TANK

$1,000 ANNUAL CHARGE

2012 TAXES: $12,569

HIGHEST AND BEST USE: Aviation Hanger/Office

REMARKS: 15 years remain on ground lease

21,949 SF Aircraft hangar with approximately 18,000 SF in hangar space and 3,949 SF of office space

Hangar area approx. dimensions 125 deep x 148 wide x 396 ridge line height and 342 low eave height.

Door opening 120 Wide x 28 High

2006 Built

15,000 Gallon fuel tank at rear of hanger