4115 HWY 278 NE, Covington, GA 30014
Newly constructed drive-through coffee property with a long-term NNN lease and scheduled rent growth.
Property Features for 4115 HWY 278 NE
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The site fronts Hwy 278 NE, a commuter route reporting 32,600 ADT, and includes prominent pylon signage. It is part of the new Jackson Market retail development, which also includes Five Guys, McAlister's Deli, and Chicken Salad Chick. Piedmont Newton Hospital is located across the highway and has 800 employees, while Oxford College of Emory University is 2 miles away with more than 1,000 students. Downtown Atlanta is 35 miles from the property.
Key Highlights
- 10‑year corporate NNN lease to Caribou Coffee
- Scheduled 10% rent increases with limited landlord responsibilities
- 2025 construction featuring Caribou Coffee’s cabin‑style drive‑through prototype
Property Analytics
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Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 30014, GA
Market
Vacancy Rate% for Retail in South region