Projects

Chick-Fil-A & Starbucks | Winder, GA

Project Details

A new Starbucks location under an NNN ground lease is set to open in March 2022, featuring a 20-year primary term with scheduled rent increases and a termination option after 10 years. Strategically positioned along Loganville Highway near SR-316, the site benefits from high traffic volume, proximity to major retail centers like Barrow Crossing, and strong demographics, including a population of 17,355 within a 3-mile radius. The location is further enhanced by its placement at a new diamond interchange, part of Georgia’s SR-316 infrastructure project, and its proximity to Barrow County and Gwinnett County airports, universities, and a planned 2,000-acre research park. As part of the Atlanta MSA, a thriving economic hub with 6.1 million residents, this Starbucks stands to benefit from the region’s rapid growth and dynamic commercial environment.​

Starbucks Offer Memorandum

Site Location

Demographics

3 Mile

2,776
Population

1,260
Households

$90,436
Average HH Income

5 Mile

34,684
Population

12,695
Households

$124,148
Average HH Income

10 Mile

94,452
Population

34285
Households

$126,425
Average HH Income

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Tom Abernathy

Founder

As a founding member of Abernathy & Timberlake Investment Group, Tom brings nearly 40 years of extensive investment and development expertise to Abernathy Development Company. Tom has been involved in all areas of commercial real estate from financial operations to construction management. Tom has successfully developed over 5 million square feet of retail through the Southeastern United States, which includes some of America’s most prominent retailers, restaurants and entertainment venues. He has widespread knowledge and proficiency in acquisition, financing and marketing for commercial real estate projects. Tom earned a bachelor’s degree in business management, from the University of Alabama.

Justin Abernathy

Development Manager

After years in the legal and multifamily development field, Justin brings unique perspective and experience to the Abernathy Development Company. This experience shows his proficiency in contract and lease negotiations, property management, construction management, brokerage, acquisitions and dispositions. Justin earned a bachelor’s degree in commerce and business administration, with a Major in Real Estate Finance and a Minor in Economics from the University of Alabama. Justin went on to receive a Juris Doctor degree from Mercer Law School.

Gale Pride

Assistant Property Manager

Gale Pride serves as assistant property manager and bookkeeper at Abernathy Development Company. She is responsible for supporting the property manager’s managerial and financial responsibilities of multiple retail properties. Gale’s 25 years of property management and property accounting experience qualifies her to offer incomparable customer service to both Abernathy Development Company management customers and tenants. Prior to joining Abernathy Development Company in 2007, Gale worked for Cushman & Wakefield and Carter as an Assistant Property Manager. She earned her associate’s degree from Cuyahoga Community College in 1986. Gale is an active volunteer with several charitable organizations.

Steve Gaultney

Developer

Steven E. Gaultney started Gaultney Development company twenty-one years ago after 12 years as an Executive Vice President of the Scott Hudgens Company, where he was responsible for development, leasing, construction and financing of all company projects. Gaultney Development Company, LLC specializes in developing commercial properties. The Company has been integral in the planning and development of a wide range of commercial endeavors throughout the Southeast, including office, retail centers, industrial parks totaling over 3,000,000 square feet. Steve is currently Chairman of the Board of Trustees of Annandale Village where he has served as a member for over twenty years. Previously Steve has served on the Boards of several local civic organizations including the Gwinnett Children’s Shelter, Gwinnett Tech Foundation, Gwinnett Chamber of Commerce, Gwinnett Rotary Club and Founding Member of the 1818 Club. Steve and his wife Kathy reside in Peachtree Corners with their two daughters, Rachel and Meagan, where they all attend Peachtree Corners Baptist Church. Steve enjoys upland hunting and shooting sports, college football, especially The University of Georgia where he is an Alumnus.

Becky Kicklighter

Controller

An experienced CPA, Becky Kicklighter is the controller at Abernathy Development Company overseeing all aspects of accounting for the firm. Becky earned two bachelor’s degrees from Southern Illinois University, one in accounting and one in management.

Jeremy Yarbrough

Real Estate Broker/Developer

Jeremy brings extensive real estate acumen to the team and is involved in all facets of commercial real estate. His 16 years of experience solidify his proficiency in shopping center development/redevelopment, brokerage, leasing, property management and construction management. Jeremy earned a bachelor’s degree in business administration in real estate, from the University of Georgia. He is a licensed real estate broker in Georgia, Alabama and South Carolina and secured the Certified Commercial Investment Member (CCIM) and Certified Leasing Specialist (CLS) designations. Jeremy is also a member of International Council of Shopping Centers (ICSC), the Georgia chapter of CCIM, and National Association of Realtors.