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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.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Fireplace
- Crown Molding
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Walk-In Closets
- Freezer
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fitness Center
- Sauna
- Grill
- Media Center/Movie Theatre
- On-Site Retail
- Elevator
1 UNIT AVAILABLE
Unit 500
| Unit Size | 1,428 SF | Sale Type | Investment |
| Price | $950,000 | Cap Rate | 6.46% |
| Price Per SF | $665.27 | NOI | $61,404 |
| Condo Use | Retail | APN/Parcel ID | 17-0035-LL-609-2 |
| Unit Size | 1,428 SF |
| Price | $950,000 |
| Price Per SF | $665.27 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| NOI | $61,404 |
| 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.
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
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901 Abernathy Rd - Serrano
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