Phipps Plaza

Off-Market

3500 Peachtree Road NE, Atlanta, GA 30326

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  • Property Type Retail - Super Regional Mall
  • Property Size 553,480 SF
  • Lot Size 19.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 12 Jan, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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 ®

    76/100 Very Walkable
  • Transit Score ®

    51/100 Good Transit
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood North Buckhead
  • Zip Code 30326
  • Market Atlanta

Points of Interest

  • Buckhead

    0.44 miles

  • Lenox

    0.56 miles

  • Brookhaven

    1.42 miles

  • Lindbergh Center

    2.12 miles

  • Chamblee

    4.01 miles

  • Medical Center MARTA

    4.05 miles

  • Medical Center

    4.06 miles

  • Atlanta

    4.09 miles

  • Arts Center

    4.63 miles

  • Dunwoody MARTA

    4.81 miles

  • Tesla Supercharger

    0.42 miles

  • BP

    1.17 miles

  • Chevron

    1.77 miles

  • Chevron

    1.77 miles

  • Shell

    1.86 miles

  • Chevron

    1.86 miles

  • QuikTrip

    1.89 miles

  • Citgo

    1.91 miles

  • Shell

    1.99 miles

  • Exxon

    2.00 miles

  • L1

    0.25 miles

  • L3

    0.30 miles

  • L2

    0.30 miles

  • L4

    0.39 miles

  • D1

    0.41 miles

  • D2

    0.48 miles

  • D3A

    0.53 miles

  • L5

    0.57 miles

  • D3B

    0.58 miles

  • Lenox MARTA Station Park and Ride

    0.60 miles

  • Earl of Sandwich

    0.04 miles

  • New York Prime

    0.14 miles

  • Trade Root Restaurant & Lounge

    0.18 miles

  • Nova Sushi

    0.22 miles

  • The Cheesecake Factory

    0.32 miles

  • Dantanna's

    0.40 miles

  • Maggiano's Little Italy

    0.43 miles

  • Bhojanic

    0.51 miles

  • Bistro Niko

    0.56 miles

  • On The Border

    0.59 miles

  • Phipps Plaza

    0.04 miles

  • Saks Fifth Avenue

    0.06 miles

  • Publix

    0.20 miles

  • Target

    0.21 miles

  • Macy's

    0.31 miles

  • Lenox Square

    0.45 miles

  • Neiman Marcus

    0.47 miles

  • Bloomingdale's

    0.52 miles

  • Kroger

    0.86 miles

  • Marshalls

    0.90 miles

Frequently Asked Questions

What is the total square footage of Phipps Plaza?

Phipps Plaza totals 553,480 square feet.

When was this property built?

Phipps Plaza was built in 1970.

When was Phipps Plaza last sold?

Phipps Plaza was last sold on 12 Jan, 1998.

What is the property tax for Phipps Plaza?

The property tax for Phipps Plaza in 2023 was $2,895,250.

What is the market value for Phipps Plaza?

The market value* for Phipps Plaza in 2023 was $164,690,000.
*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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