5126 Peachtree Blvd, Chamblee, GA 30341

5,846 SF | 100% Leased | 4-Star Retail Building | Chamblee, GA 30341 | $3,394,000 ($581/SF) | 6.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,394,000

Property Type
Retail, Restaurant
Square Feet
5,846 SF
Price / Square Foot
$581

Listing Contacts

Michael Yuras
Michael Yuras
Verified Profile
Lane Breedlove
Lane Breedlove
Verified Profile
  • Property Info

Property Overview

The property is located on the ground floor of a brand-new luxury apartment building, The Keswick (199 units), providing a stable customer base. The site is prominently located at the signalized hard-corner intersection of State Route 141/Peachtree Boulevard (39,700 AADT) and Clairmont Road (24,000 AADT), with excellent visibility and easy access. Additionally, the site is situated across from a Walmart Supercenter (the third-largest employer in the area) and within walking distance of a newly constructed Whole Foods anchoring a shopping center, generating significant traffic to the area. Strategically located within one of North Atlanta’s primary retail corridors, the property is immediately surrounded by a strong mix of national tenants such as Lowe’s, Starbucks, Texaco, Goodwill, BP, and many others. The site is in a densely populated and growing community. A total of 313,580 residents live within a five-mile radius (a 15 percent increase since 2010). Additionally, the surrounding area is affluent, with an average annual household income of $151,517 within five miles and is projected to increase 12 percent by 2028.
The location is three miles from Buckhead and 13 miles from the City of Atlanta (498,715 residents), the most populous city in Georgia. The site is conveniently located one mile from Dekalb-Peachtree Airport and 22 miles from Hartsfield-Jackson Atlanta International Airport, (the busiest airport by passenger traffic in the United States, 104 million annual passengers). Chamblee High School (1,800+ students), is located less than one mile from the site (increasing traffic in the immediate area), and the location features a beneficial proximity to Oglethorpe University (1,452 students) and Mercer University Atlanta Campus (2,300 students). The property is near several hospitals including, Northside Hospital Atlanta (621 beds), Emory Saint Joseph Hospital (348 beds), and Children’s Hospital of Atlanta (273 beds). Metro Atlanta is the fourth-fastest growing region in the United States with six million residents, with the U.S. Census Bureau projecting that will increase to eight million people by 2040. Atlanta is also a top-10 educational market in the United States with over 50 colleges and universities with nearly 300,000 enrolled students annually. The Atlanta metropolitan area features a global hub airport, a low cost of business and living, a strong base of Fortune 1000 headquarters, amenities like professional sports teams, and renowned museums and cultural institutions

Property Details

Class
A
Year Built
2019
Stories
1
Property Subtype
Storefront
Lot Size (sq. ft)
6,098 SF

Highlights

  • 100% leased multi-tenant “Amazon-proof” asset
  • 10-year initial lease for both tenants with scheduled rental increases, providing a hedge against inflation
  • Five Guys has 1,700 + locations open worldwide, with 1,500 locations under development
  • Since 2010, Bruxie has combined a friendly atmosphere with an innovative chef-driven menu that utilizes fresh ingredients, proprietary recipes, and cr
  • Ground floor location of a brand-new luxury apartment building, The Keswick (199 units), providing a stable customer base
  • Prominent location at the signalized hard corner intersection of State Route 141/Peachtree Boulevard (39,700 AADT) and Clairmont Road (24,000 AADT), w

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