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Asset Description
3321 Lenox Road is a premier 0.91 acre (39,640 SF) high-density development site in Buckhead. Zoned SPI-12 Subarea 1, there is no FAR cap and no setback requirements, as SPI-12 is the highest mixed-use density permitted in Buckhead.
Investment Highlights
- A highly amenitized corner property with a walk score of 75, the site is within a 10 minute walk to 9 million square feet of office, 6,500 residential units, 4,000 hotel rooms, and 3 million sf of retail.
- Superior transit and vehicular access with MARTA’s Lenox station across the street, as well as easy access to GA-400, I-85, and Peachtree Street.
- Strong surrounding demographics, attributed to the presence of multiple high-ranking universities, and a young, educated, and affluent population with nearly 90% white-collar employees and an avg HH income of $157,000.
- Atlanta has experienced 31% population growth since 2010, buoyed by strong employment growth, high quality of life, and a very attractive cost of doing business.
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