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    FOR LEASE
    Office buildings

    5 Concourse Pkwy, Sandy Springs, GA 30328

    241,431 SF 5.54 ac lot Built 1988
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US22-1027010
    Property summary
    AI-generated overview

    This Class A, 16,282 square foot office building in Fulton County offers a diverse range of workspace solutions. Located in Atlanta's dynamic Perimeter business district, the building boasts stunning mountain views and is surrounded by numerous restaurants, hotels, and entertainment options. The 2019 renovated space features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Amenities include floor-to-ceiling windows providing abundant natural light, on-site child day care, a gym, and outdoor seating. The building offers various options, including private furnished offices, customizable spaces, coworking areas with dedicated desks and hot-desking, technologically advanced meeting rooms with catering options, and virtual office solutions with mail forwarding and call answering services. Multiple membership options provide flexibility for various work styles, with access to a global network of locations. Elevators are available. Images shown may not represent this specific center. Prices are subject to change based on services selected.

    Property profile
    Verified
    Property type Office buildings
    Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
    Year built 1988
    Total area 241,431 SF
    Lot 5.54 ac (241,453 SF)
    Zoning code OIC
    APN 17 0017 LL1236
    UPID US22-1027010
    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
    • Good Country Pictures Film Production Television Studio
    • The Collins Firm Law Firm
    • Fidelity National Title Title Company
    • ServiceNow, Inc. (Bike/Boat/Book/etc) Store Corporate Office
    • Buckley King LPA Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $32.15M
    Blend (final) Blend
    $34.17M
    Owner & transaction history
    Rejv Concourse Atlanta LLC · 8 yrs held
    Rejv Concourse Atlanta LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    OIC · Atlanta, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $54.2M +19.8%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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