Novel Midtown — Lease in Atlanta, GA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Atlanta, GA 30309
Photos
Description
Now Available for Lease: 3,234 SF of Ground Floor Retail Space, Located at 1140 Spring St NW Position yourself at the beating heart of Atlanta’s most dynamic neighborhood. Midtown isn’t just a location; it’s a destination that seamlessly blends work, play and culture. With a daytime population of over 65,000 professionals and 15,000 students, Midtown offers a built-in customer base of young, affluent consumers. With over 17 million annual visitors to the area, Midtown ensures your business stays bustling yearround. Novel Midtown is part of a vibrant streetscape, surrounded by Fortune 500 companies, tech startups and cultural landmarks. Choose Midtown and tap into Atlanta’s most exciting retail ecosystem. It’s not just about location – it’s about being at the center of Atlanta’s future.
Market Context
This retail in Atlanta, GA is listed for lease. Compare it against other retail listings for lease in Atlanta, GA — view the full market.
As of Q1 2026, the Atlanta retail market showed a 4.4% vacancy rate, and cap rates around 7.0%. 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 7.0% as of Q1 2026, per multiple brokerage reports.
- Is the Atlanta retail market tightening or softening?
- Vacancy is around 4.4% (Q1 2026).
Estimated Market Rate
$3.33/SF/mo – $5.00/SF/mo
Mid: $4.16/SF/mo
Contact
- Alec Volle · alec.volle@jll.com
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