Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1380 Atlantic Dr Atlanta, GA 30303
    Back to Search
    Property profile & analytics

    1380 Atlantic Dr, Atlanta, GA 30303

    View on Map
    • Retail properties & Spaces
    • 4,500 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 type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional West Midtown Atlanta restaurant and bar presents a unique investment opportunity. Located at 1380 Atlantic Drive NW, Atlanta, Georgia 30363, this 4,500 square foot property boasts a stunning, recently renovated build-out. The current configuration includes seating for 140 patrons inside, with an additional 50 seats on the outdoor patio and 15 bar seats. The fully equipped, large kitchen is in mint condition, ready for immediate operation. A significant advantage is the all-inclusive monthly rent of $12,468.55, covering utilities, water, and trash disposal. The current lease is for five years, with options to renew for an additional two to five years. The property is priced at $595,000, representing a compelling value in this high-demand area. This turnkey operation is ideal for an established restaurateur looking to expand or a new entrepreneur seeking a ready-made business in a thriving location. The property's prime location ensures high visibility and foot traffic, making it an attractive proposition for continued success. The existing staff is in place, providing a seamless transition for the new owner. This is a rare opportunity to acquire a well-established, profitable business in a vibrant and sought-after neighborhood.

    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
    -84.3884
    Latitude
    33.7557

    Comparable in this City

    • Value Estimation by Request
      5,300 SF

      Historic Woodstock Ga Restaurant & Bar

      Restaurants
      0 Historic Woodstock Ga Restaurant & Bar, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      3,700 SF

      6098 Midtown Atlanta

      Restaurants
      6098 Midtown Atlanta, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      1,550 SF

      Atlanta Chamblee Pizzeria

      Restaurants
      0 Atlanta Chamblee Pizzeria, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      4,000 SF

      Historic Downtown Woodstock

      Restaurants
      0 Historic Downtown Woodstock, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      3,800 SF

      Beltline Italian Restaurant Pizzeria & Bar

      Restaurants
      0 Beltline Italian Restaurant Pizzeria & Bar, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      7,360 SF

      241 Forsyth SW St

      BAR, TAVERN
      241 Forsyth SW St, Atlanta, GA 30303-3701
      View Details

    Similar Nearby for Sale

    • $825,000

      Sweet Auburn Historic District Property

      Two-story, multi-use property in revitalized, high-traffic location.
      314 Auburn Ave NE, Atlanta, GA 30303
      View Details
    • $825,000

      Revitalized Auburn Avenue Commercial Building

      Two-story commercial building in Sweet Auburn Historic District.
      314 Auburn Ave NE, Atlanta, GA 30303
      View Details
    • Contact for pricing
      3,700 SF

      Midtown Atlanta Restaurant & Bar

      Restaurant and bar with patio in a high-traffic location.
      6098 Midtown Atlanta, Atlanta, GA 30303
      View Details
    • Contact for pricing
      4,500 SF

      Atlantic Station Restaurant & Bar

      Restaurant and bar in a prime Midtown Atlanta location.
      1380 Atlantic Dr NW Atlanta Georgia 30363, Atlanta, GA 30303
      View Details
    • $7,400,000
      0.03 Acres

      Mixed-Use Property in Downtown Atlanta

      35,000 SF mixed-use property with diversified income streams.
      251 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • New
      $7,400,000
      35,000 SF

      Mixed-Use Property in Downtown Atlanta

      35,000 SF mixed-use property with diversified income streams.
      251 Trinity Ave SW, Atlanta, GA 30303
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      50,000 SF

      Atlanta's Municipal Market: Prime Retail Space

      Historic Atlanta retail & restaurant opportunity.
      209 Edgewood Ave, Atlanta, GA 30303
      View Details
    • $3,800 /Mo
      2,666 SF

      Prime Downtown Atlanta Commercial Space

      Versatile commercial space ideal for mini market or other ventures.
      253 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • New
      $3,800 /Mo
      10,700 SF

      Versatile Commercial Space in Atlanta

      Prime commercial space in Downtown Atlanta, ideal for various ventures.
      253 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • New
      $3,800 /Mo
      2,657 SF

      Versatile Downtown Atlanta Commercial Space

      Adaptable commercial space in a sought-after Atlanta location.
      253 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • Contact for pricing
      1,121,963 SF

      Downtown Atlanta Class A Office

      Iconic office building with top amenities and skyline views.
      133 Peachtree St NE, Atlanta, GA 30303
      View Details
    • Contact for pricing

      Downtown Atlanta Retail Space

      Retail space available in a densely populated downtown Atlanta location.
      200 Peachtree St NW, Atlanta, GA 30303
      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 30303
    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, 30303
    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!