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4115 Hwy 278 NECovington, GA 30014
Caribou Coffee | Jackson Market
Asset ClassRetail
Year Built2025
New Caribou Coffee Drive-Thru in Atlanta MSA
overview of deal

Overview

  • New 10-Year Corporate NNN Lease to Caribou Coffee Operating Company, Inc.
  • 10% rent increases every five years and at each of three five-year options
  • Limited landlord responsibilities
  • 2025 Construction
  • Caribou Coffee “Cabin” prototype with drive-thru and walk-up ordering
  • Includes outdoor patio seating
  • Highly Visible Location on Hwy 278 NE (32,600 AADT)
  • On the “going-to-work” side for commuters, with prominent pylon signage
  • Situated within New Jackson Market Retail Development
  • Tenants include Five Guys, McAlister’s Deli, Chicken Salad Chick, Tropical Smoothie Cafe, and more
  • Directly Across from Piedmont Newton Hospital: 107 beds; ~800 employees
  • 2 Miles from Oxford College of Emory University: 1,000+ students
  • Dense, Affluent, and Fast-Growing Atlanta Suburb
  • 51,586 residents within 5 miles – projected 2.22% annual population growth within 3 miles
  • Average household income approaching $100,000 within 10 miles
  • Approximately 35 Miles from Downtown Atlanta and 41 Miles from Hartsfield–Jackson Atlanta International Airport

 

This property is listed in conjunction with Georgia-liensed real estate broker Delta Commercial.

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4115 Hwy 278 NECovington, GA 30014
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Listing provided by Revere CRE