Office

Promenade

promenade, atlanta, GA 30303

Price

Price on request

Price/Sq Ft

$15.00

Description

Excellent Midtown Sublease Opportunity Sublease available on the 5th floor at Promenade, a Class A office building located in the heart of Midtown.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

promenade, atlanta, GA 30303

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeModified Gross

Market Context

As of Q1 2026, the Atlanta office market showed a 26.1% vacancy rate. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$36.10/SF/yr

Estimated sale value

$183–$238/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www lee-associates com data (cap rate 7.8%, asking rent held flat).

View the full Atlanta Office market report →

Above-average vacancy gives tenants leverage and a wide set of comparables.

Compare it against other office listings for lease in Atlanta, GA to benchmark pricing and space — view the full market.

Office market FAQ

Is the Atlanta office market tightening or softening?: Vacancy is around 26.1% (Q1 2026).

Unified Estimate

Low Confidence

$12.75/SF/mo-$17.25/SF/mo

Mid: $15.00/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

2023 – 2025 · county sold comps + market trendsFIPS 37051

High Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.