Search
Caribou Coffee NNN Property
For Sale
Contact for pricing

4115 HWY 278 NE, Covington, GA 30014

Newly constructed drive-through coffee property with a long-term NNN lease and scheduled rent growth.

Property Size600 SF
Price / SF$3,408
Days on Market9

Property Features for 4115 HWY 278 NE

General Information

Standard status Active
Size 600 SF
Total Parking Spaces 16
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $135,000

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Anchor Co-Tenants Five Guys, McAlister's Deli, Chicken Salad Chick
Traffic Count 32,600 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Aug 12 Changed: Aug 19 Last Checked: Aug 18 at 9:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher James Capital

Investment Insights

Based on property information with market context.

This 2025-built Caribou Coffee property features the brand’s cabin-style drive-through prototype and is subject to a 10-year corporate NNN lease. The lease provides for scheduled 10% rent increases and limited landlord responsibilities, creating a defined operating structure for the property.

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

Current Use

Coffee shops

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith HVAC Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,600 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,590
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 78% Dining 21% Home Improvements & Furnishings 2%
Bealls Apparel
19,829 visits/mo 0.4 miles
Stevi B's Pizza Dining
7,729 visits/mo 0.5 miles
Hibbett Sports Apparel
6,420 visits/mo 0.5 miles
Rainbow Apparel
2,810 visits/mo 0.5 miles
Rent A Center Home Improvements & Furnishings
674 visits/mo 0.5 miles

Demographics for 30014, GA

39,247
Population
16,159
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
120.7 sq mi
ZIP Area
325
Density / Sq Mi
$71,055
Median Household Income
$37,714
Median Earnings
$1,199
Median Rent
$253,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed drive-through coffee property with a long-term NNN lease and scheduled rent growth.
Where is this nnn property located?
The property is located at 4115 HWY 278 NE Covington, GA.
What is the asking price?
The asking price for this property is $2,045,000.
What are key features of this property?
This property features: 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
(510) 289-1166 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message