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Newly Constructed Shopping Center
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4149 Highway 278 Northeast, Covington, GA 30014

New development pairs multi-tenant retail shops with an independently positioned coffee drive-through.

Property Size9,400 SF
Price / SF$844.57
Days on Market9

Property Features for 4149 Highway 278 Northeast

General Information

Standard status Active
Size 9,400 SF
Property subtype Retail
Investment Type Net Lease
Net Operating Income $523,976

Site & Location

Drive-Thru Yes
Anchor Co-Tenants McAlister's Deli, Five Guys, Caribou Coffee
Traffic Count 32,600 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2026
Buildings 2
Stories 1
Units 5
Tenancy Multi
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Jul 28 Changed: Aug 3 Last Checked: Aug 3 at 6:05AM

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.

Jackson Market is a 9,400-square-foot retail development completed in 2026. The property includes Building 200, a multi-tenant shops component with McAlister’s Deli and Five Guys as established anchors, plus a separate Caribou Coffee drive-through building. Together, the improvements provide a combination of shop space and freestanding food-service retail within one commercial project.

The property fronts Highway 278 NE in Covington’s primary retail corridor, where reported traffic volume is 32,600 ADT. Piedmont Newton Hospital is nearby, and the surrounding five-mile area includes 51,586 residents. The asset is located in Covington, Georgia, within the Atlanta MSA.

Key Highlights

  • 9,400‑square‑foot retail development completed in 2026
  • Building 200 includes multi‑tenant shops anchored by McAlister’s Deli and Five Guys
  • Freestanding Caribou Coffee drive‑through included

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Storage Facility Electrical Service Parking Lot & Garage Carpet & Flooring Store Locksmith Veterinary Clinic

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

1,014
Businesses Nearby
Well-served
Demand for This Use

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
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Similar Off Market Nearby

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  • Covington Plaza Shopping Center 4134 US-278, Covington, GA 30014

Frequently Asked Questions

What type of property is this?
Shopping center - New development pairs multi-tenant retail shops with an independently positioned coffee drive-through.
Where is this shopping center located?
The property is located at 4149 Highway 278 Northeast Covington, GA.
What is the asking price?
The asking price for this property is $7,939,000.
What are key features of this property?
This property features: 9,400‑square‑foot retail development completed in 2026; Building 200 includes multi‑tenant shops anchored by McAlister’s Deli and Five Guys; Freestanding Caribou Coffee drive‑through included
(510) 289-1166 Call to check price and availability
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