3370 Northside Pky NW
Atlanta, GA 30327
Starbucks Coffee: Atlanta, GA · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a new freestanding Starbucks and Bank of America ATM situated at THE BEST retail intersection in Atlanta in the extremely affluent Buckhead area. Built in 2018, Starbucks’s 10-year net lease features a 6% rent escalation in year 6 and 10% escalations in each of its four 5-year renewal options. Bank of America’s gross lease features ±8 years remaining with 10% rent escalations throughout the remainder of the initial term and in each of its six 5-year renewal options. The site is situated with excellent access and visibility along Northside Parkway (Traffic Count: 21,600 VPD), where it also benefits from being within feet of Interstate 75 (Traffic Count: 209,000 VPD). Starbucks and Bank of America are positioned directly adjacent to Steak ‘n Shake and Wells Fargo, and across from a Publix-anchored shopping center that is further occupied by Bank of America, Smoothie King, Goldbergs Fine Foods, Yogurtland, Willy’s Mexicana Grill, Matthews Furniture + Design, Mountain High Outfitters, and OK Café, among several others. The site is proximate to the recently-redeveloped Paces Ferry Plaza—an 81,768-square-foot shopping center that is anchored by Whole Foods 365 and Ace Hardware, and occupied by AT&T, Carriage Cleaners, Lush Nails & Spa, West Stride, Hollywood Feed, Pero’s Pizza, and Baby Braithwaite. Starbucks will benefit from several different revenue drivers including population density (67,923 Pop: 3 mi), Interstate 75 commuters (209,000 VPD), “spill over” from non-drive thru Starbucks across the street and proximity to 5 of the most prestigious private schools in Atlanta (Westminster, Lovett, Pace Academy, AGS and Trinity). Other major retailers within the immediate vicinity include Chick-fil-A, CVS, McDonald’s, Houston’s, FedEx, Blue Ridge Grill, Chevron, Allstate Insurance, Shell, Wells Fargo, SunTrust, and Local Three Kitchen & Bar, to name a few. The site further benefits from upscale dynamic demographics with a population of 67,293 and an average household income of $150,834 within a 3-mile radius.