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Large Land Tract Sale Just South of Atlanta Will Bring Urgent Care Center to Area

A 29-acre tract of land in Henry County, located 30 minutes south of Atlanta, was listed and sold by Billy Spain, a broker with KW Commercial Realty North Atlanta. The parcel was sold to Exigence Group to build an urgent care center on the property.

 
PRLog - Apr. 11, 2012 - The land tract was listed for sale by Realtor Billy Spain in March 2011. Within three months, he had received a letter of intent from Exigence, who was represented by Dennis Gossett with Better Homes and Garden Metro Brokers. The contract was finalized in June and became a legally binding agreement on August 26, 2011, for a purchase price that was 93 percent of the list price. After approximately six months of due diligence on the commercial sale, the property closed in the 2012 first quarter.

Henry County District 5 Commissioner, Bruce Holmes, said, "Businesses such as Exigence are recognizing that Fairview has great income and education levels. Exigence's anticipated medical, restaurant, and retail campus in Fairview will help to attract additional business and shoppers to Fairview's burgeoning commercial community."

Commercial Realtor, Billy Spain, who is a native Georgian and grew up in the nearby Ellenwood, Georgia area, was pleased with how the deal came together. He got the property off the bank's books at a price that was just 7 percent less than the listing price. Spain explained that Henry County has a lot of vacant property for sale and that the timing has never been better for businesses to expand into that region of metro Atlanta.  

Commissioner Holmes supported this statement by adding, "According to their own economic impact study, Exigence will create over 1,300 jobs and invest over $150 million into Henry County and the State of Georgia.  In addition, the improvements in the aesthetics that Henry County is making in the Fairview Road area will motivate people inside and outside Henry County to shop, do business, and dine here in northern Henry County."

For more information on the metro Atlanta commercial real estate market, contact Realtor Billy Spain at 770-886-1100. Billy is based out of KW Commercial at the Keller Williams Realty North Atlanta offices located at 5780 Windward Parkway in Alpharetta. He can also be reached at billy@billyspaincommercial.com or www.billyspaincommercial.com.

About Realtor Billy Spain:
Billy Spain, an associate broker with Keller Williams Realty, is a native of metro Atlanta and a Forsyth County resident. He has 20+ years experience in the real estate industry. Specializing in commercial and investment real estate, Spain’s team lists and sells, leasing, property management and consulting. Spain has extensive skills in site analysis, site planning, commercial building development and management, zoning issues and land tract compilation. His construction experience includes developing new home communities and light commercial projects.  

As an REO specialist, Spain helps many banks liquidate nonperforming assets. Spain has completed the intensive requirements to hold the prestigious Certified Commercial Investment Member (CCIM) designation. The CCIM is held by only 6 percent of the approximately 150,000 commercial real estate agents in the United States. Billy has three additional team members: Alex Evonosky in Cumming, Sharon Patterson in Stockbridge, and Administrator Teresa Stone.

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Contact Email:
***@topcatcreative.com Email Verified
Source:TC McClenning, @RealtorPR
Phone:770-886-1100
City/Town:Atlanta - Georgia - United States
Industry:Real Estate, Construction, Health
Tags:billy spain, keller williams, Exigence, atlanta, Real Estate, commercial real estate, land, henry county, Bruce Holmes
Shortcut:prlog.org/11847301
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