Piedmont Atlanta Tower at Piedmont Hospital — Sale in Atlanta, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Atlanta, GA 30309

Description

The prime Buckhead site, fronting Piedmont Hospital, is being cleared to allow for the new $603-million Marcus Heart and Vascular Center. The project involves 870,305 square feet of new construction and renovation of about 45,583 square feet, though some of this work will be done on its main campus. Phase One of the project will continue through 2021. Phase Two, which includes building one patient floor per year, will wrap up in 2026. 5,169 SF Full service restaurant space available Healthy options only (No fryers and no alcohol) Preferably local southern fare 1,152 SF Pantry across from restaurant and coffee space Plaza has 154 seats ~390 Space Parking Garage Over 18,000 visitors daily Delivery early 2020

Market Context

This retail in Atlanta, GA is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Atlanta, GA — view the full market.

As of Q1 2026, the Atlanta retail market showed a 4.5% vacancy rate, average asking rents near $24.00/SF/yr, and cap rates around 7.1%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Atlanta?
About 7.1% as of Q1 2026, per multiple brokerage reports.
Is the Atlanta retail market tightening or softening?
Vacancy is around 4.5% (Q1 2026).

Estimated Market Rate

$170.64/SF – $230.86/SF

Mid: $200.75/SF

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

Contact

Explore this market

Similar Retail Business for Sale in Atlanta, GA