Building Details

Building Size 2,700 SF

Listing Agency: TIR Prime Properties Corp.

Listed By: Mariano Saal · License #0705607 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Oct 11 Last Checked: Oct 15 at 12:37AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TIR Prime Properties Corp.

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Investment Insights

Based on property information with market context.

This 2,700 sq. ft. restaurant space is located on a highly transited street in Atlanta, positioned in a rapidly growing neighborhood. The location offers exposure to vehicle and foot traffic. The property features a grease trap. There are two dedicated parking spaces, with additional street parking nearby. The open layout allows for a flexible design that can accommodate a casual eatery, coffee shop, or full-service restaurant. This location is suitable for any food concept seeking high visibility and consistent customer flow.

Key Highlights

• Prime restaurant space offering 2,700 sq. ft. in a rapidly growing Atlanta neighborhood.
• Unbeatable exposure to vehicle and foot traffic.
• Grease trap already installed.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,468

Suggested Prices Based on Cap Rates

Cap Rate 5%

$629,360 $629.4K

Cap Rate 7%

$449,543 $449.5K

Cap Rate 9%

$349,644 $349.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,700 SF

Gross rent

$48.6K $18.00/SF

− Vacancy

−$3.6K −$1.35/SF

EGI

$45.0K $16.65/SF

− OpEx

−$13.5K −$5.00/SF

NOI

$31.5K $11.66/SF

Area

Atlanta, GA

Vacancy

7.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$629,360

Cap Rate 7%

$449,543

Cap Rate 9%

$349,644

Alternative Uses

Best Use

Specialty Retail

$522.1K

$456.8K – $609.1K (±1% cap)

NOI $36,547 @ 7.0% cap · market cap 98,775.68%

Second Best

Retail

$449.5K

$393.4K – $524.5K (±1% cap)

NOI $31,468 @ 7.0% cap · market cap 85,048.65%

Theoretical Best

Office A

$754.8K

$660.4K – $880.6K (±1% cap)

NOI $52,833 @ 7.0% cap · market cap 142,791.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Econ Biohazard Services Social Service Agency Uncut Steaks Restaurant

Suggested Use

Top Pick Butcher Veterinary Clinic Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,644

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 30308, GA

22,121

Population

16,007

Households

1.4

Avg Household Size

32

Median Age

74%

College-Educated

97%

High-School Grad

1.6 sq mi

ZIP Area

13,826

Density / Sq Mi

$82,420

Median Household Income

$64,696

Median Earnings

$1,824

Median Rent

$387,300

Median Home Value

Market

Vacancy Rate% for Retail in Atlanta, GA

6.7% 2019

6.6% 2020

5.5% 2021

4.4% 2022

4.1% 2023

4.4% 2024

5% 2025

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Similar Off Market Nearby

• Firehouse Subs Peachtree Center Mall — 225 Peachtree Rd NE Ste B-27, Atlanta, GA 30303
• Potomac Food Services Inc — 231 Peachtree St, Atlanta, GA 30303
• Rosendale Events — 200 Peachtree St NW, Atlanta, GA 30303
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• Adam J's Sandwich Shop — 151 Ellis St NE, Atlanta, GA 30303

Frequently Asked Questions

What type of property is this?

Restaurant - 2,700 sq ft restaurant space in a high-traffic Atlanta location.

Where is this restaurant located?

The property is located at 550 Piedmont Ave Atlanta, GA.

What are key features of this property?

This property features: Prime restaurant space offering 2,700 sq. ft. in a rapidly growing Atlanta neighborhood.; Unbeatable exposure to vehicle and foot traffic.; Grease trap already installed.