100 Galleria PkwyAtlanta, GA 30339

Property Details for 100 Galleria Pkwy

Year built

1981

Lot size

5.64 AC

Property size (Sq ft)

787,804 SF

Zone code

GC

Property type

Office buildings

APN

17094700050

APU

17094700050

Description

Exceptional restaurant opportunity within the Galleria on the Park, a 2.1 million square foot mixed-use complex undergoing redevelopment in the Cumberland submarket. This vibrant location offers spaces ranging from 3,500 to 7,000 square feet, perfect for a variety of full-service restaurant concepts. The property boasts an abundance of parking with over 6,000 spaces available, including a valet service opportunity. This ensures convenient access for patrons and contributes to a positive dining experience. The complex is strategically positioned adjacent to a 5-acre Central Park, providing a beautiful and tranquil setting. Future development plans include an additional 25,000 square feet of retail space, further enhancing the area's appeal and foot traffic. This is a unique chance to establish a thriving restaurant business in a rapidly evolving and highly desirable location. The scale of the development and the ample parking make this an ideal location for a high-volume establishment. The proximity to Central Park offers a significant competitive advantage, providing a picturesque backdrop and attracting a diverse clientele. Don't miss this chance to secure a prime space in a dynamic mixed-use environment.

• CAP approach

  CAP return

  Valuation

  6%

  $196,705,000

  6.5%

  $181,573,000

  7%

  $168,604,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $132,179,000

  Geo Method

  $153,669,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $361,017,000

  Retail / Commercial

  $184,435,000

  Mixed-Use / Specialty

  $183,231,000

  Hospitality / Lodging

  $133,720,000

  Institutional / Educational

  $190,291,000

  Residential Income

  $222,641,000

  Multifamily

  $270,051,000

  Automotive / Energy

  $163,107,000

  Parking / Income-Based Land

  $56,825,800

  Restaurant / Food Service

  $94,134,100

  Healthcare / Senior Housing

  $188,460,000

Location Insight

City

Atlanta

County

Cobb

State

Georgia

Latitude

33.8844

Longitude

-84.4626

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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