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901 Abernathy Rd - Serrano 1,428 SF Retail Condo Unit Offered at $950,000 in Sandy Springs, GA 30328
Investment Highlights
- Estimated 49,000 vehicles per day.
Executive Summary
Frenchies Sandy Springs offers investors a rare blend of affluent, walk-in residential demand, corporate daytime density, and regional visibility at Atlanta’s busiest interchange. The brand’s clean-air, membership-driven concept is uniquely suited to the wellnessoriented Perimeter clientele, while the long-term, escalating NNN lease provides durable cash flow and inflation-protected growth. This location has the potential to be a defensive, “main-and-main” location inside metro Atlanta’s most coveted mixed-use district— ideal for 1031, neighborhood-retail or net-lease portfolios seeking stable income with upside.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 17-0035-LL-609-2 |
| Cap Rate | 6.46% |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| APN/Parcel ID | 17-0035-LL-609-2 |
Description
Frenchies Sandy Springs offers investors a rare blend of affluent,
walk-in residential demand, corporate daytime density, and regional
visibility at Atlanta’s busiest interchange. The brand’s clean-air,
membership-driven concept is uniquely suited to the wellnessoriented Perimeter clientele, while the long-term, escalating NNN
lease provides durable cash flow and inflation-protected growth.
This location has the potential to be a defensive, “main-and-main”
location inside metro Atlanta’s most coveted mixed-use district—
ideal for 1031, neighborhood-retail or net-lease portfolios seeking
stable income with upside.
walk-in residential demand, corporate daytime density, and regional
visibility at Atlanta’s busiest interchange. The brand’s clean-air,
membership-driven concept is uniquely suited to the wellnessoriented Perimeter clientele, while the long-term, escalating NNN
lease provides durable cash flow and inflation-protected growth.
This location has the potential to be a defensive, “main-and-main”
location inside metro Atlanta’s most coveted mixed-use district—
ideal for 1031, neighborhood-retail or net-lease portfolios seeking
stable income with upside.
Sale Notes
PRIME, TROPHY-CORNER LOCATION
Street-level retail in Serrano, a 150-unit, 5-story luxury mid-rise (2008; ˜364 KSF) at the signalized
hard corner of Abernathy Rd. & Barfield Rd.—one block west of I-285/GA-400. Built-in residential
customer base plus marquee visibility to ˜27,400 vehicles/day on Abernathy.
EPICENTER OF ATLANTA HQ CORRIDOR
Minutes f rom Mercedes-Benz USA HQ, UPS Global HQ, Northpark Town Center, and the
Concourse/“King & Queen” towers—together anchoring 120,000+ daytime employees in Sandy
Springs.
TRANSIT & REGIONAL ACCESS
Quick walk or short shuttle to MARTA Sandy Springs Station (1,050-space deck) and immediate
ingress/egress to GA-400 & I-285—placing over 1 million metro residents within a 20-minute drive.
FRENCHIES TENANT ADVANTAGE
This is an investment in the real estate—not in the Frenchies business itself. Frenchies is the tenant
under a long-term lease. A fast-growing, health-centric nail franchise (40+ U.S. studios) with a
membership model driving ~70% recurring revenue; brand positioning aligns with the wellness minded, professional Perimeter customer.
TURN-KEY, NEW CONSTRUCTION
±1,428 SF 2025 prototype delivered with hospital-grade ventilation, waterless pedi stations, and
nontoxic products—no cap-ex required. 7-Year NNN lease features 3% annual rent bumps.
HIGH BARRIERS / LIMITED COMPETITION
Tight zoning, high Class-A rents, and scarce ground-floor availability in the Perimeter corridor
restrict new entrants—protecting pricing power and long-term market share.
MULTIPLE DEMAND NODES WITHIN ½-MILE
Perimeter Mall (1.5 MSF), Perimeter Village (380 KSF big-box center), four business-class hotels, and
over 2,400 new Class-A multifamily units either open or under construction—serving a 28 MSF off ice
trade area.
VALUE-ADD PATHS
Franchisor-approved add-on services (brows, lashes, waxing), corporate wellness packages targeting
Fortune 500 campuses, and Serrano resident membership drives offer organic
Street-level retail in Serrano, a 150-unit, 5-story luxury mid-rise (2008; ˜364 KSF) at the signalized
hard corner of Abernathy Rd. & Barfield Rd.—one block west of I-285/GA-400. Built-in residential
customer base plus marquee visibility to ˜27,400 vehicles/day on Abernathy.
EPICENTER OF ATLANTA HQ CORRIDOR
Minutes f rom Mercedes-Benz USA HQ, UPS Global HQ, Northpark Town Center, and the
Concourse/“King & Queen” towers—together anchoring 120,000+ daytime employees in Sandy
Springs.
TRANSIT & REGIONAL ACCESS
Quick walk or short shuttle to MARTA Sandy Springs Station (1,050-space deck) and immediate
ingress/egress to GA-400 & I-285—placing over 1 million metro residents within a 20-minute drive.
FRENCHIES TENANT ADVANTAGE
This is an investment in the real estate—not in the Frenchies business itself. Frenchies is the tenant
under a long-term lease. A fast-growing, health-centric nail franchise (40+ U.S. studios) with a
membership model driving ~70% recurring revenue; brand positioning aligns with the wellness minded, professional Perimeter customer.
TURN-KEY, NEW CONSTRUCTION
±1,428 SF 2025 prototype delivered with hospital-grade ventilation, waterless pedi stations, and
nontoxic products—no cap-ex required. 7-Year NNN lease features 3% annual rent bumps.
HIGH BARRIERS / LIMITED COMPETITION
Tight zoning, high Class-A rents, and scarce ground-floor availability in the Perimeter corridor
restrict new entrants—protecting pricing power and long-term market share.
MULTIPLE DEMAND NODES WITHIN ½-MILE
Perimeter Mall (1.5 MSF), Perimeter Village (380 KSF big-box center), four business-class hotels, and
over 2,400 new Class-A multifamily units either open or under construction—serving a 28 MSF off ice
trade area.
VALUE-ADD PATHS
Franchisor-approved add-on services (brows, lashes, waxing), corporate wellness packages targeting
Fortune 500 campuses, and Serrano resident membership drives offer organic
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 500 | 1,428 SF | Retail | $950,000 ($665.27/SF) | $61,404 |
Unit 500
| Unit Size |
| 1,428 SF |
| Condo Use |
| Retail |
| Price |
| $950,000 ($665.27/SF) |
| NOI |
| $61,404 |
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 500
| Unit Size | 1,428 SF |
| Condo Use | Retail |
| Price | $950,000 ($665.27/SF) |
| NOI | $61,404 |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| APN/Parcel ID | 17-0035-LL-609-2 |
| Description | |
| Frenchies Sandy Springs offers investors a rare blend of affluent,<br> walk-in residential demand, corporate daytime density, and regional<br> visibility at Atlanta’s busiest interchange. The brand’s clean-air,<br> membership-driven concept is uniquely suited to the wellnessoriented Perimeter clientele, while the long-term, escalating NNN<br> lease provides durable cash flow and inflation-protected growth.<br> This location has the potential to be a defensive, “main-and-main”<br> location inside metro Atlanta’s most coveted mixed-use district—<br> ideal for 1031, neighborhood-retail or net-lease portfolios seeking<br> stable income with upside.</li></ul> | |
| Sale Notes | |
| PRIME, TROPHY-CORNER LOCATION<br> Street-level retail in Serrano, a 150-unit, 5-story luxury mid-rise (2008; ˜364 KSF) at the signalized<br> hard corner of Abernathy Rd. & Barfield Rd.—one block west of I-285/GA-400. Built-in residential<br> customer base plus marquee visibility to ˜27,400 vehicles/day on Abernathy.<br> EPICENTER OF ATLANTA HQ CORRIDOR<br> Minutes f rom Mercedes-Benz USA HQ, UPS Global HQ, Northpark Town Center, and the<br> Concourse/“King & Queen” towers—together anchoring 120,000+ daytime employees in Sandy<br> Springs.<br> TRANSIT & REGIONAL ACCESS<br> Quick walk or short shuttle to MARTA Sandy Springs Station (1,050-space deck) and immediate<br> ingress/egress to GA-400 & I-285—placing over 1 million metro residents within a 20-minute drive.<br> FRENCHIES TENANT ADVANTAGE<br> This is an investment in the real estate—not in the Frenchies business itself. Frenchies is the tenant<br> under a long-term lease. A fast-growing, health-centric nail franchise (40+ U.S. studios) with a<br> membership model driving ~70% recurring revenue; brand positioning aligns with the wellness minded, professional Perimeter customer.<br> TURN-KEY, NEW CONSTRUCTION<br> ±1,428 SF 2025 prototype delivered with hospital-grade ventilation, waterless pedi stations, and<br> nontoxic products—no cap-ex required. 7-Year NNN lease features 3% annual rent bumps.<br> HIGH BARRIERS / LIMITED COMPETITION<br> Tight zoning, high Class-A rents, and scarce ground-floor availability in the Perimeter corridor<br> restrict new entrants—protecting pricing power and long-term market share.<br> MULTIPLE DEMAND NODES WITHIN ½-MILE<br> Perimeter Mall (1.5 MSF), Perimeter Village (380 KSF big-box center), four business-class hotels, and<br> over 2,400 new Class-A multifamily units either open or under construction—serving a 28 MSF off ice<br> trade area.<br> VALUE-ADD PATHS<br> Franchisor-approved add-on services (brows, lashes, waxing), corporate wellness packages targeting<br> Fortune 500 campuses, and Serrano resident membership drives offer organic</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- 24 Hour Access
- Courtyard
- Fitness Center
- Sauna
- Grill
- Media Center/Movie Theatre
- On-Site Retail
- Elevator
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
901 Abernathy Rd - Serrano