5090 Peachtree Blvd | Chamblee, GA 30341
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5090 Peachtree Blvd
Chamblee, GA 30341
Retail For Sale · Retail Property For Sale
·
2,500 SF
Property Facts
| Price | Not Individually For Sale | Building Class | A |
| Building Size | 2,500 SF | Lot Size | 0.19 AC |
| Property Type | Retail | Tenancy | Single |
| Property Subtype | Restaurant | Parking Ratio | 0/1,000 SF |
| Price | Not Individually For Sale |
| Building Size | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Building Class | A |
| Lot Size | 0.19 AC |
| Tenancy | Single |
| Parking Ratio | 0/1,000 SF |
Executive Summary
Developed in 2018, Parkview on Peachtree is characterized by an exemplary town center environment with a strategic blend of restaurants, service-oriented retail, medical providers and office tenants. This carefully-curated, internet-proof retail and office mix has a distinctly synergistic dynamic that perpetuates the urban lifestyle created by Parkview on Peachtree. With health-conscious, fast-casual and full-service restaurants, fitness and spa services, beauty salons and healthcare providers; residents of Parkview’s 928 on-site and connected apartments are just seconds from many of the sought after conveniences of today’s modern consumer.
Significant Contractual Revenue Growth Bolsters Built-In Upside
· 19 of 20 tenants have contractual rental increases within their primary lease terms
· 10.9% Avg. Total Growth between in-place rent and expiring firm term rent
· Among 15 tenants with fixed rate renewal options, avg. additional rent growth through the first 5-year option is 10.25%
Location
As new urbanism continues to push north along the Peachtree Blvd. Corridor, Chamblee has quickly become the latest extension of Buckhead’s business district on the north side. Boasting booming growth and development, Chamblee provides easy access to Lenox Mall, Phipps Plaza, and the Buckhead CBD, while remaining insulated from the area’s traffic congestion. Parkview on Peachtree serves as the model for Chamblee’s recent metamorphosis into one of the hottest live/work/play sub-markets in Atlanta.
Parkview on Peachtree is strategically-situated caddy-corner between Peachtree Station’s Whole Foods store and Chamblee Village’s Walmart Supercenter. Both accessible via a 4-minute walk along Peachtree Blvd’s sidewalks or the Chamblee Rail Trail; the grocers provide ample optionality for a plethora of consumer shopping needs. Benefitting from the unmatched convenience and amenities associated with Parkview on Peachtree’s town center appeal, residents of Windsor Parkview Apartments access best-in-class walkable shopping with none of the associated traffic or congested parking.
· 2,446 Apartment Units within a 10-Minute Walk
· 100+ Acres of Park Space within 1 Mile
· 1,260 College Students within a 5-Minute Drive
· Exposure to 56,100 VPD
Significant Contractual Revenue Growth Bolsters Built-In Upside
· 19 of 20 tenants have contractual rental increases within their primary lease terms
· 10.9% Avg. Total Growth between in-place rent and expiring firm term rent
· Among 15 tenants with fixed rate renewal options, avg. additional rent growth through the first 5-year option is 10.25%
Location
As new urbanism continues to push north along the Peachtree Blvd. Corridor, Chamblee has quickly become the latest extension of Buckhead’s business district on the north side. Boasting booming growth and development, Chamblee provides easy access to Lenox Mall, Phipps Plaza, and the Buckhead CBD, while remaining insulated from the area’s traffic congestion. Parkview on Peachtree serves as the model for Chamblee’s recent metamorphosis into one of the hottest live/work/play sub-markets in Atlanta.
Parkview on Peachtree is strategically-situated caddy-corner between Peachtree Station’s Whole Foods store and Chamblee Village’s Walmart Supercenter. Both accessible via a 4-minute walk along Peachtree Blvd’s sidewalks or the Chamblee Rail Trail; the grocers provide ample optionality for a plethora of consumer shopping needs. Benefitting from the unmatched convenience and amenities associated with Parkview on Peachtree’s town center appeal, residents of Windsor Parkview Apartments access best-in-class walkable shopping with none of the associated traffic or congested parking.
· 2,446 Apartment Units within a 10-Minute Walk
· 100+ Acres of Park Space within 1 Mile
· 1,260 College Students within a 5-Minute Drive
· Exposure to 56,100 VPD
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