Leased: 163 E Broad Street, Downtown Athens
NAI Elrod Group is pleased to announce that the ground-floor retail space at 163 E Broad Street in downtown Athens has been leased. NAI Elrod represented the landlord on the lease of approximately 2,000 square feet of street-level space, directly across from the University of Georgia’s North Campus and steps from the Arch.
One of the Most Visible Retail Addresses in Athens
Few storefronts in Athens get the exposure this one does. 163 E Broad Street sits on East Broad Street’s main retail corridor, with approximately 22,300 vehicles passing daily and steady foot traffic from students, faculty, and downtown visitors year-round.
- Across from UGA’s North Campus and the Arch – the most recognized landmark in Athens
- Next door to Target and steps from The Drake mixed-use development
- Transit-adjacent – less than 125 feet from two Athens Transit bus stops
- Historic character – a two-story building originally built in 1900, with exposed brick and large street-facing windows
- Walkable to everything – downtown restaurants, campus, and Sanford Stadium
Why Downtown Athens Retail Space Doesn’t Last
Downtown Athens is one of the tightest retail submarkets in Northeast Georgia. Across the Athens market, retail vacancy sat at just 3.2% at mid-year 2026, with only about 19,000 SF of new retail space under construction (Source: CoStar, mid-year 2026). With limited new supply and constant demand from businesses that want to be in front of the UGA community, well-located downtown storefronts rarely stay on the market long.
For a full look at vacancy, rents, and investment activity, see our Athens Retail Market Report – Mid-Year 2026.
Own Commercial Property in Downtown Athens?
NAI Elrod Group is active in downtown Athens, and demand for well-located space remains strong. If you own a downtown building, whether retail, office, or mixed-use, we can help you understand what it’s worth in today’s market and how to position it for the right tenant or buyer.
Looking for space instead? Explore our retail space for lease in Athens or browse all current listings.
Contact Brian Elrod, CCIM, at 678.859.6110 or brian@naielrod.com.
Related Articles:
Athens Retail Market Report – Mid-Year 2026
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What Does NNN Mean in Commercial Real Estate? Complete Triple Net Lease Guide for Athens