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Property profile & analytics
FOR LEASE
Office buildings
1375 Peachtree St NE Atlanta, GA 30309
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1177737
For Lease
1 / 8
$38 SF/Yr
1375 Peachtree St NE, Atlanta, GA 30309
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Property summary
AI-generated overview
1375 Peachtree Street in Atlanta, Georgia, offers a unique opportunity to lease executive office space in a prestigious Midtown location. This Class A building, constructed in 1958 and boasting a total of 409,579 square feet, presents multiple tenancy options. Currently, a significant amount of space, totaling 379,845 square feet, is available for lease. Flexible floor plans cater to various business needs, with minimum divisible space starting at 8,351 square feet and the potential for contiguous space up to 153,138 square feet. The building features a recently updated lobby, reflecting a modern aesthetic that complements the classic Midtown setting. Beyond the stylish exterior, tenants will enjoy access to world-class amenities and thoughtfully designed collaborative spaces, fostering a productive and engaging work environment. Located in Fulton County, with easy access to Atlanta's vibrant city center, this property provides an exceptional office experience in a highly desirable location. The address is 1375 W Peachtree St NE, Atlanta, GA 30309. This is an excellent opportunity for businesses seeking a sophisticated and functional workspace in the heart of Atlanta.
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1962
Total area
151,177 SF
Lot
0.78 ac (33,977 SF)
Zoning code
C4
APN
17 010500060648
UPID
US22-1177737
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Made Millionaires Group Consultant
-
Center stage Bar & Pub
-
Huge Atlanta Advertising Agency Marketing & Advertising
-
IDOM | Consulting, Engineering, Architecture Engineer
-
Enterprise Network Solutions (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$87.47M
Blend (final)
Blend
$77.46M
Owner & transaction history
Catalyst Pershing Property LLC · 4 yrs held
Catalyst Pershing Property LLC
since 2021
Last sale
$73.2M
4 recorded transactions
Zoning & alternative use
C4 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$120.1M
+37.3%
Commercial (general)
$114.5M
+30.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$76,065,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$87,495,000
Current use
APARTMENT HOUSE (5+ UNITS)
$120,135,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$114,465,000
Change: +31% · Conversion: Easy
RESTAURANT
$82,215,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$77.46M
Range $69.71M – $85.21M · ±10% · vs last sale $73.15M (Sep 3 2021)
Last sale anchor
$73.15M
Sep 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$512 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$559,846
Tax year 2023
Assessed value
$12,065,640
Assessed 2023
Previous assessed
$12,065,640
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed improvement
$12,065,640
Improvement market value
$30,164,100
Total market value
$30,164,100
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
For Lease
Year built
1962
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
151,177 SF
Lot
0.78 ac (33,977 SF)
Zoning code
C4
APN
17 010500060648
UPID
US22-1177737
Jurisdiction
FULTON
Zoning & alternative use
C4 · Atlanta, GA
Zoning C4 · permitted uses
C4 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$87.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$120.1M
COMMERCIAL (GENERAL)
Est. value
$114.5M
RESTAURANT
Est. value
$82.2M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Catalyst Pershing Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 250509, ATLANTA, GA 30325-1509
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$73,150,000
Catalyst Pershing Property LLC
Tdc Pershing LLC
Limited Warranty Deed
—
Nov 15, 2018
—
Pershing Point Gl Venture LLC
—
Deed
related
$79,193 · Miscellaneous Ins Co
—
—
Pershing Point Gl Venture LLC
—
Deed Of Trust
related
$79,193 · Miscellaneous Ins Co
—
—
Ramin Mohagheghi
—
Deed Of Trust
related
$150,000 · Wachovia Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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