The Sylvan Building

Off-Market

233 Mitchell Street SW, Atlanta, GA 30303

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 30,550 SF
  • Lot Size 0.13 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1908

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 16 Aug, 2017
  • 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 ®

    86/100 Very Walkable
  • Transit Score ®

    81/100 Excellent Transit
  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Downtown Atlanta
  • Zip Code 30303
  • Market Atlanta

Points of Interest

  • Five Points

    0.23 miles

  • GWCC/CNN Center

    0.29 miles

  • Garnett

    0.30 miles

  • Park Place

    0.44 miles

  • Woodruff Park

    0.47 miles

  • Luckie at Cone

    0.48 miles

  • Centennial Olympic Park

    0.51 miles

  • Georgia State

    0.56 miles

  • Southwest Entrance

    0.57 miles

  • Vine City

    0.58 miles

  • BP

    0.72 miles

  • Texaco

    0.76 miles

  • Shell

    0.78 miles

  • RaceTrac

    0.81 miles

  • Exxon

    1.06 miles

  • Shell

    1.06 miles

  • Texaco

    1.07 miles

  • BP

    1.10 miles

  • Chevron

    1.14 miles

  • Exxon

    1.19 miles

  • LAZ Parking Deck

    0.10 miles

  • LAZ Parking

    0.12 miles

  • LAZ Parking Lot

    0.14 miles

  • Parking for Government Offices

    0.27 miles

  • LAZ Parking Deck

    0.27 miles

  • City of Atlanta Public Safety - Parking Structure

    0.28 miles

  • Silver Deck

    0.28 miles

  • Underground Atlanta Parking

    0.30 miles

  • APS Parking Deck

    0.33 miles

  • SP+

    0.39 miles

  • Fairfield Inn & Suites Atlanta Downtown

    0.23 miles

  • REVERB by Hard Rock

    0.25 miles

  • Four Points by Sheraton Atlanta Downtown

    0.26 miles

  • Glenn Hotel, Autograph Collection

    0.34 miles

  • Home2 Suites

    0.40 miles

  • Omni Atlanta Hotel at CNN Center

    0.47 miles

  • Barclay Hotel Atlanta Downtown

    0.48 miles

  • Holiday Inn Express & Suites Atlanta Downtown

    0.50 miles

  • Clarion Inn & Suites Atlanta Downtown

    0.52 miles

  • The Candler Hotel Atlanta, Curio Collection by Hilton

    0.52 miles

  • Kelz Kitchen & Speakeasy Lounge

    0.16 miles

  • McDonald's

    0.17 miles

  • Yumm Teriyaki

    0.18 miles

  • Fred's Country Kitchen

    0.22 miles

  • Jamrock

    0.23 miles

  • Subway

    0.26 miles

  • Subway

    0.34 miles

  • BurgerFi

    0.34 miles

  • Thrive

    0.35 miles

  • Hudson Grille

    0.36 miles

  • Historic Angiers Academy & Holland Free School

    0.28 miles

  • Smith-Hughes Vocational School

    0.33 miles

  • Walker Street School

    0.37 miles

  • Herzing University, Atlanta

    0.49 miles

  • Georgia State University

    0.53 miles

  • Metro North GNETS

    0.69 miles

  • Gammon Theological Seminary

    0.75 miles

  • Morris Brown College

    0.77 miles

  • Interdenominational Theological Center

    0.78 miles

  • Dunbar Elementary School

    0.84 miles

  • Carol's Daughter Learning Center

    0.31 miles

  • Primrose School

    1.47 miles

  • The Children's Campus @ Georgia Tech

    2.10 miles

  • Freedom Park Preschool

    2.74 miles

  • Atlanta Montessori International School

    2.89 miles

  • YWCA

    3.10 miles

  • Paly 2 Grow

    4.16 miles

  • The Clifton School

    5.69 miles

  • Decatur Presbyterian Children's Community

    5.98 miles

  • Gymboree

    6.43 miles

Frequently Asked Questions

What is the total square footage of The Sylvan Building?

The Sylvan Building totals 30,550 square feet.

When was this property built?

The Sylvan Building was built in 1908.

When was The Sylvan Building last sold?

The Sylvan Building was last sold on 16 Aug, 2017.

What is the property tax for The Sylvan Building?

The property tax for The Sylvan Building in 2023 was $71,856.

What is the market value for The Sylvan Building?

The market value* for The Sylvan Building in 2023 was $3,909,500.

*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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