Jackson Market
Covington
,
GA
Georgia
Atlanta
Call for Details
$
7,939,000
Call for Details
6.60
%
CAP Rate

New Construction
Shops Building with Drive-Thru and Drive-Thru Coffee within Jackson Market Retail Development
32,600 ADT on Hwy 278 NE
Prominent, Convenient Location within Covington's Primary Retail Corridor
35 Miles from Downtown ATL
2.22% Annual Population Growth Rate within 3 Miles
Property details
- New Construction Shops Building with a Drive-Thru Anchored by McAlister’s Deli & Five Guys
- Leased to Diverse, E-Commerce-Resistant Mix of Tenants
- Scheduled Rent Increases in Majority of Leases
- New 10-Year Corporate NNN Lease to Caribou Coffee
- Scheduled 10% Rent Increases and Limited Landlord Responsibilities
- Growing Coffee Brand with Over 800 Locations Worldwide
- Part of Panera Brands Portfolio Alongside Panera Bread & Einstein Bros. Bagels (Owned by Global Parent Company JAB Holding Company)
- Caribou Coffee’s Innovative “Cabin” Concept featuring Drive-Thru and Walk-Up Only Format for Maximum Efficiency
- Within Brand New Jackson Market Retail Development
- Highly Visible, Convenient Location with Prominent Monument Signage
- Along Hwy 278 NE Arterial - 32,600 ADT
- Located within Covington’s Primary Retail Corridor
- Kroger, Ross, CVS, McDonald’s, Popeye’s, Planet Fitness, & More
- Neighbors Piedmont Newton Hospital, a 107-Bed Acute Care Community Hospital with 1,300+ Physicians & Employees
- 2 Miles from Oxford College of Emory University (1,000+ Students)
- 1 Mile from Downtown Covington and Covington Square
- Picturesque Downtown with Shopping, Dining, and Year-Round Events
- Dense, Affluent Demographics in Growing Atlanta Suburb
- 51,586 Residents within a 5-Mile Radius
- 2.22% Annual Population Growth within a 3-Mile Radius
- 35 Miles from Downtown Atlanta
- 6th Largest Metro in the U.S. with Over 6.4 Million Residents
- 41 Miles to Hartsfield-Jackson Atlanta International Airport, the World's Busiest Airport
This property is listed in conjunction with Georgia-licensed real estate broker Delta Commercial.
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342

