Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1380 Atlantic Dr Atlanta, GA 30363

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1380 Atlantic Dr Atlanta, GA 30363

    View on Map
    • Retail properties & Spaces
    • 5,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Atlantic Station / Shopping Center & Mall
    • Tesla Supercharger / Electric Vehicle Charging Station
    • Kilwins Atlanta - Atlantic Station / Specialty Food Shop / Candy Store
    • AT&T Store / Mobile Phone Store / Electronics & Wireless Store
    • Atlantic Station Parking Garage / Parking Lot & Garage

    Property Details for 1380 Atlantic Dr

    Property size
    5,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 5,000 square foot restaurant in Atlanta's vibrant Atlantic Station is available for $495,000. Boasting a stunning $1 million build-out, this turnkey operation includes seating for 140 inside and 50 on the patio, plus a 15-seat bar. The spacious kitchen is in mint condition, and the property comes with a full staff. The current lease is for five years, with options to renew for an additional two to five years. The all-inclusive monthly rent of $12,468.55 covers utilities, water, and trash removal. This prime location offers significant potential for continued success, and some owner financing is available. The property is located at 1380 Atlantic Drive NW, Atlanta, GA 30363, in Fulton County. This is a rare opportunity to acquire a thriving restaurant business in a high-demand area. The property is currently operating as a restaurant, bar, and pizzeria. The seller is offering some owner financing to facilitate a smooth transition. Don't miss this chance to own a well-established and profitable business in a sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3979
    Latitude
    33.7927

    Comparable in this City

    • Value Estimation
      $18,405,000
      233,078 SF

      1370 Tower NW St

      DEPARTMENT STORE • 233,078 SF
      1370 Tower NW St, Atlanta, GA 30363
      View Details
    • Value Estimation by Request
      7,777 SF

      264 19th NW St

      RESTAURANT • 7,777 SF
      264 19th NW St, Atlanta, GA 30363-1135
      View Details
    • Value Estimation by Request
      7,777 SF

      245 18th NW St

      RESTAURANT • 7,777 SF
      245 18th NW St, Atlanta, GA 30363-1119
      View Details
    • Value Estimation
      $9,385,000
      88,210 SF

      1380 Tower NW St

      SHOPPING CENTER, STRIP CENTER • 88,210 SF
      1380 Tower NW St, Atlanta, GA 30363
      View Details
    • Value Estimation
      $23,975,000
      263,410 SF

      261 19th NW St

      RETAIL STORES (PERSONAL SERVICES) • 263,410 SF
      261 19th NW St, Atlanta, GA 30363-1132
      View Details
    • Value Estimation by Request
      2,468 SF

      441 16th NW St

      WHOLESALE OUTLET, DISCOUNT STORE • 2,468 SF
      441 16th NW St, Atlanta, GA 30363-1013
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,132 SF

      Buckhead Views, Bonus Room, Upgrades

      Oversized one bedroom with bonus room and million-dollar views.
      270 17Th St NW, Atlanta, GA 30363
      View Details
    • $450,000
      0.03 Acres

      Income-Producing Atlanta One-Bedroom Condo

      One-bedroom condo with leasing permit and tenant in place.
      270 17Th St NW, Atlanta, GA 30363
      View Details
    • New
      $450,000
      0.03 Acres

      Income-Producing Atlanta Multifamily Unit

      One-bedroom unit with leasing permit and tenant in place.
      270 17Th St NW, Atlanta, GA 30363
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space with Midtown Views

      Sublease office space with balcony and Midtown views.
      383 17Th St NW, Atlanta, GA 30363
      View Details
    • Contact for pricing
      3,524 SF

      Office Space with Midtown Views

      Available office space with flexible layout and Midtown views.
      171 17Th St Northwest, Atlanta, GA 30363
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1380 Atlantic Dr
    Atlanta, GA 30363
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1380 Atlantic Dr, Atlanta, GA, 30363
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!