3344 Peachtree RdAtlanta, GA 30326

  • Office properties
  • 612,096 SF
For Lease
$50/SF/YR View listing

Property Details for 3344 Peachtree Rd

Year built
2007
Lot size
2.89 AC
Property size (Sq ft)
612,096 SF
Zone code
C3
Property type
Office properties
Property subtype
Office buildings
APN
17 0062 LL0406
APU
170062LL0406

Description

Sovereign, a landmark 26-story executive office building in Atlanta's Buckhead neighborhood, offers exceptional office space for lease. Located at 3344 Peachtree Road NE, zip code 30326, this Fulton County property boasts a total of 484,000 square feet. Multiple tenancy options are available, with spaces ranging from a minimum of 3,185 square feet to a maximum contiguous space of 8,831 square feet. Currently, 26,000 square feet of vacant space is ready for immediate occupancy. The building provides ample parking with a ratio of 2.5 spaces per 1,000 square feet. Power is robust, featuring a 3,000 amp service. This iconic tower is known for its prime location, offering unparalleled access to major roadways and highways. Its proximity to the MARTA Buckhead station adds to its convenience. The building's prestigious address and amenities make it one of Atlanta's most sought-after office locations. This is an exceptional opportunity to secure high-quality office space in a vibrant and well-connected area of Atlanta.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $159,122,864
    6.5%
    $146,882,640
    7%
    $136,391,024
  • Comparable approach

    Method
    Valuation
    Relative Method
    $123,386,024
    Geo Method
    $119,395,448
  • Alternative Use

    Use
    Valuation
    Residential
    $182,134,464
    Hospitality
    $166,834,192
    Educational
    $138,804,096
    Medical
    $143,577,776
    Retail
    $215,917,472
3344 Peachtree Rd, Atlanta, Georgia

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.8472
Longitude
-84.3688
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,922,586
$3,304,320
$62,519,680
$65,824,000
-
$8,260,800
$156,299,200
$164,560,000

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