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Restaurant

Pickle & Social | 20 Yr Abs. Net Sale-Leaseback | Brand New Construction | Atlanta MSA

2925 Buford Dr, Buford, GA 30519

Listing Price: $15,000,000

Tenant Name
Pickle & Social
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
36,821
Lease Type
Absolute Net

Investment Overview

Marcus & Millichap is pleased to present this unique single-tenant retail, sports & entertainment opportunity in Buford, GA. Pickle & Social is located at the ultimate hotspot, The Exchange at Gwinnett, a 465K SF multi-use district offering everything from retail, restaurants, office space and luxury residential. The new development is co-anchored by Top Golf and Andretti’s and features major national and boutique tenants. Pickleball is America’s fastest growing sport for the third year in a row, with 36.5M players in the US as of 2023 and has a forecasted annual growth rate through 2028 of 7.7% according to Pickleheads.

The area within a radius of 5 miles has a favorable demographic, characterized by an average household income of $111,000 and a population exceeding 131,000. The property is strategically located off Burford Drive, providing a visible presence from Highway 85, resulting in a combined vehicle count of 131,500 per day (VPD), which allows convenient accessibility to the Atlanta MSA. The subject property is in close proximity to one of the largest shopping destinations in the southeastern region, the Mall of Georgia. Spanning over 1.8 million square feet, this retail center hosts major retailers such as Macy's, Dick's Sporting Goods, Belk, JCPenney, and various other distinguished tenants.

Buford, Georgia, is a thriving city located in Gwinnett Count known for its rapid growth and development. The city's economy is diverse, with a strong emphasis on retail, manufacturing, and services sectors. The Mall of Georgia, one of the largest shopping centers in the Southeast, is a major economic driver for the area. Buford is also home to several industrial and distribution centers, contributing to its robust economy. In terms of demographics, Buford has a diverse population, with a mix of residents from different ethnic backgrounds. The city offers a range of amenities, including parks, recreational facilities, and excellent schools, making it an attractive place for families to settle. Buford's strategic location, along with its vibrant community and economic opportunities, continue to attract new residents and businesses to the area.

Investment Highlights

  • Brand New Construction
  • Long Term Absolute Net Lease
  • Excellent Retail Trade Area
  • Easy Access to-and-from Atlanta
  • Dense, Affluent Demographics

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Pickle & Social | 20 Yr Abs. Net Sale-Leaseback | Brand New Construction | Atlanta MSA

Listing Price: $15,000,000

Tenant Name
Pickle & Social
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
36,821
Lease Type
Absolute Net

Investment Highlights

  • Brand New Construction
  • Long Term Absolute Net Lease
  • Excellent Retail Trade Area
  • Easy Access to-and-from Atlanta
  • Dense, Affluent Demographics

Investment Overview

Marcus & Millichap is pleased to present this unique single-tenant retail, sports & entertainment opportunity in Buford, GA. Pickle & Social is located at the ultimate hotspot, The Exchange at Gwinnett, a 465K SF multi-use district offering everything from retail, restaurants, office space and luxury residential. The new development is co-anchored by Top Golf and Andretti’s and features major national and boutique tenants. Pickleball is America’s fastest growing sport for the third year in a row, with 36.5M players in the US as of 2023 and has a forecasted annual growth rate through 2028 of 7.7% according to Pickleheads. The area within a radius of 5 miles has a favorable demographic, characterized by an average household income of $111,000 and a population exceeding 131,000. The property is strategically located off Burford Drive, providing a visible presence from Highway 85, resulting in a combined vehicle count of 131,500 per day (VPD), which allows convenient accessibility to the Atlanta MSA. The subject property is in close proximity to one of the largest shopping destinations in the southeastern region, the Mall of Georgia. Spanning over 1.8 million square feet, this retail center hosts major retailers such as Macy's, Dick's Sporting Goods, Belk, JCPenney, and various other distinguished tenants. Buford, Georgia, is a thriving city located in Gwinnett Count known for its rapid growth and development. The city's economy is diverse, with a strong emphasis on retail, manufacturing, and services sectors. The Mall of Georgia, one of the largest shopping centers in the Southeast, is a major economic driver for the area. Buford is also home to several industrial and distribution centers, contributing to its robust economy. In terms of demographics, Buford has a diverse population, with a mix of residents from different ethnic backgrounds. The city offers a range of amenities, including parks, recreational facilities, and excellent schools, making it an attractive place for families to settle. Buford's strategic location, along with its vibrant community and economic opportunities, continue to attract new residents and businesses to the area.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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