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5915 East Lake Pkwy, McDonough, GA, 30253

East Lake Lot 5

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Key Information

Tot. SF
6,486
Lot Size
1.41 Acres
Units
3
Year Built
2025
Type
Shopping Centers
Occupancy
100%
NOI
$265,601

Highlights

• Affluent Atlanta MSA Demographics with Strong Consumer Spending Power — Located within the affluent southeastern Atlanta MSA, the property benefits from average household incomes exceeding $100,000 across all major trade areas and a population base of more than 79,000 residents within five miles.
• Class A Construction with Versatile Building Design — Completed in 2025, the center features attractive brick construction, modern design elements, and efficient suite sizes that appeal to a broad range of retail and service users.
• Part of the North McDonough Village Development — The property is situated within North McDonough Village, a ±20-acre mixed-use development featuring new residential, retail, restaurant, healthcare, and educational uses that continue to drive growth and consumer traffic.
• Investment Grade Anchor Tenant — Starbucks is the undisputed global leader in the retail coffeehouse market, operating nearly 40,000 locations across more than 80 countries and markets. Starbucks has an investment grade bond rating of BBB+ (S&P Global) and Baa1 (Moody’s).
• Daily-Needs Retail & Medical Tenancy — Anchored by Starbucks with a drive-thru, the center features a complementary mix of service-oriented tenants that provide recurring customer visits and durable demand drivers.
• Close Proximity to Top Public Schools in Henry County — The property is located less than one mile from East Lake Elementary, Union Grove Middle, and Union Grove High School, all ranked among the top public schools in Henry County.
• Passive Lease Structure with Built-In Growth — Each tenant reimburses for taxes, insurance, and CAM to help maximize net income. Each tenant also has rent bumps scheduled in the base term and renewal-option rent increases ranging from 10% to 15%.
• Excellent Visibility & Site Characteristics — Situated on approximately 1.41 acres, the property benefits from multiple access points, ample parking, elevated visibility, and strong frontage along East Lake Parkway.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305