Property profile

690 Miami NE Cir Atlanta, GA 30324

OFF-MARKET
Retail space
Property ID
US22-1654136
39,388 SF 1.57 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,373-square-foot creative office space is ideally situated in Atlanta's prestigious Miami Circle district, a vibrant hub for design and art. Located within 690 Miami Circle, this single-tenant space boasts an open floor plan with polished concrete floors and an industrial-style ceiling with exposed ductwork and track lighting. The property's prime location offers unparalleled exposure to a discerning clientele of interior designers, luxury retailers, and art enthusiasts. This space is perfect for a design showroom, gallery, or design-related office, showcasing high-end furnishings, art, or design expertise. The building features ample shared surface parking and a loading dock for convenient access. The landlord is seeking design-related tenants only; prospective tenants should note that clothing stores, event spaces, salons, social media studios, photography studios, spas, fitness studios, third-party rentals, and recording studios are not permitted. This sophisticated space offers the perfect blend of style and functionality, providing an inspiring environment for creativity and collaboration. The building's tenant roster includes prominent art galleries, interior design firms, and high-end material suppliers, creating a thriving community of creative professionals. This is an exceptional opportunity to elevate your brand within a dynamic and established design center.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 39,388 SF
Lot 1.57 ac (68,476 SF)
Zoning code I1
APN 17 0047 LL0653
UPID US22-1654136

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Interior Design Home Decor Store
  • Advertising Agency Marketing & Advertising
  • Corporate Office Business Park
  • Physician

Location

690 Miami NE Cir Atlanta, GA 30324-3015
Atlanta metro Census 9408 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.39M

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Atlanta, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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