Atlanta, Georgia held a prominent position in the commercial real estate landscape, particularly notable for its flourishing grocery-anchored centers. These centers played a pivotal role in the city’s retail sector, catering to the diverse and growing population. Atlanta’s commercial real estate market was characterized by a mix of urban and suburban developments, offering a range of office spaces, retail outlets, and residential properties. The city’s strategic location, strong economy, and vibrant business environment contributed to the steady demand for commercial spaces. Grocery-anchored centers, in particular, served as essential community hubs, providing convenient shopping options while attracting foot trac to neighboring businesses. However, for the most current and detailed market insights into Atlanta’s commercial real estate, especially its grocery-anchored centers, it is advisable to refer to the latest industry reports and analyses.
Atlanta underwent substantial population growth, with over 500,000 residents in the city and 6 million in the metro area, ranking it among the nation’s largest cities.
Atlanta’s Hartsfield-Jackson Atlanta International Airport, one of the world’s busiest airports, contributed to the city’s status as a major transportation and logistics hub, enhancing its connectivity on a global scale.
Atlanta’s diverse economy encompassed tech, finance, healthcare, and entertainment, featuring many Fortune 500 firms and serving as a prime hub for careers and advancement.
Atlanta’s housing sector showed consistent demand, offering varied options from apartments to homes. Median home values consistently rose, enhancing Atlanta’s appeal to homeowners and real estate investors.
Dynamic Publix is a strategically located anchor in the heart of Midtown Atlanta, offering unparalleled convenience to both Georgia Tech and the renowned Fox Theater. Its prime location within the trade area leverages the innovation hub of Georgia Tech’s Tech Square, drawing in a diverse mix of entrepreneurs and students. The surrounding residential population is characterized by its density and high level of education, with 417 premium residential units seamlessly integrated above the retail space. Adding to its accessibility, the property enjoys proximity to public transit options, further enhanced by a connected parking garage that includes dedicated spaces catering to retail customers. This multifaceted establishment stands as a dynamic focal point, combining accessibility, education, and entertainment to create a vibrant community hub.
950 WEST PEACHTREE STREET NW
Serving a broad trade area encompassing affluent communities, Sandy Plains Centre stands as an established hub of commercial activity. Its anchor, Kroger, is complemented by an array of diverse small shops, contributing to a vibrant and comprehensive shopping experience. Notably, the center enjoys the advantage of substantial trac, with a daily count of 29,700 vehicles on Sandy Plains Road. This bustling locale benefits further from key community attractions in close proximity, such as a high school, library, and community center, all of which contribute to its role as a dynamic and integral part of the local area.
2960 SHALLOWFORD ROAD
A recently constructed premier shopping destination, this center is anchored by the renowned Whole Foods, complemented by shadow anchors like Academy Sports and Hobby Lobby. The center’s strategic location proves advantageous, boasting impressive trac numbers of 41,100 vehicles per day on Barrett Parkway and 42,600 vehicles per day on Cobb Parkway. The surrounding area features a dense residential population, further augmented by a robust daytime demographic, contributing to steady shopping footfall throughout the day. This newly established hub promises a dynamic and convenient retail experience, catering to a diverse range of needs and preferences.
1300 ERNEST BARRETT PARKWAY
Nestled within the upscale Buckhead district, this center exudes an air of affluence and sophistication, boasting an impressive lineup of prominent national retailers. Situated at the prominent intersection of Sidney Marcus Blvd. and Piedmont Rd., just off the bustling I-85, it offers unparalleled convenience for both locals and visitors. The center is strategically positioned within a densely populated market, characterized by a robust flow of activity, with an impressive daily traffic count of 48,650 cars on Piedmont Rd NE. This prime location, coupled with its prestigious retailer mix, positions the center as a focal point of stylish shopping and vibrant urban living.
2625 PIEDMONT ROAD
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