Edgewood Retail District

Off-Market

1225 Caroline Street NE, Atlanta, GA 30307

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  • Property Type Retail - Power Center
  • Property Size 254,794 SF
  • Lot Size 17.95 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2005

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 15 Sep, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Atlanta

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Atlanta Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $34.57
  • 2022 Office Vacancy Rate 20.04%
  • 2022 Office Completions (SF) 1,914,799

Atlanta Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $241.09
  • Y-o-Y Avg. PpSF Change -12.27%
  • 2022 Office Sales Volume $2.3B
  • 2022 Number of Transactions 35
View more Atlanta market trends

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    60/100 Good Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Edgewood
  • Zip Code 30307
  • Market Atlanta

Points of Interest

  • Inman Park/Reynoldstown

    0.27 miles

  • Edgewood/Candler Park

    0.62 miles

  • King Historic District

    1.54 miles

  • Edgewood at Hillard

    1.63 miles

  • King Memorial

    1.63 miles

  • Dobbs Plaza

    1.77 miles

  • Sweet Auburn Market

    1.84 miles

  • Auburn at Piedmont

    1.95 miles

  • East Lake

    2.12 miles

  • Hurt Park

    2.15 miles

  • Texaco

    0.25 miles

  • Shell

    0.54 miles

  • Exxon

    0.64 miles

  • Chevron

    1.05 miles

  • Exxon

    1.20 miles

  • eVgo

    1.50 miles

  • ChargePoint

    1.51 miles

  • Exxon

    1.53 miles

  • Texaco

    1.67 miles

  • Citgo

    1.69 miles

  • Inman Park Park & Ride

    0.35 miles

  • Edgewood/Candler Park Park & Ride

    0.58 miles

  • faculty parking

    1.30 miles

  • Atlanta Medical Center Parking Deck B

    1.39 miles

  • Lot 21 Parking

    1.50 miles

  • Atlanta Medical Parking Deck A

    1.55 miles

  • Big Bethel Parking

    1.88 miles

  • Midtown Promenade Parking

    1.91 miles

  • J Deck

    1.92 miles

  • Grady Piedmont Deck

    2.02 miles

  • Shane's Rib Shack

    0.15 miles

  • Subway

    0.15 miles

  • Five Guys

    0.16 miles

  • Willy's

    0.18 miles

  • Figo

    0.18 miles

  • Ru San's

    0.19 miles

  • Dunkin' Donuts

    0.25 miles

  • Fox Brothers BBQ

    0.34 miles

  • Proof Bakeshop

    0.34 miles

  • One Eared Stag

    0.35 miles

  • Kroger

    0.00 miles

  • Target

    0.12 miles

  • Four Corners of the Earth Market Place

    0.54 miles

  • Sevananda

    0.75 miles

  • Publix

    0.88 miles

  • The Atlanta Dairies

    1.00 miles

  • Kroger

    1.18 miles

  • Publix

    1.22 miles

  • Kroger

    1.39 miles

  • TJ Maxx

    1.63 miles

Frequently Asked Questions

What is the total square footage of Edgewood Retail District?

Edgewood Retail District totals 254,794 square feet.

When was this property built?

Edgewood Retail District was built in 2005.

When was Edgewood Retail District last sold?

Edgewood Retail District was last sold on 15 Sep, 2011.

What is the property tax for Edgewood Retail District?

The property tax for Edgewood Retail District in 2023 was $1,185,204.

What is the market value for Edgewood Retail District?

The market value* for Edgewood Retail District in 2023 was $66,864,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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