Property profile

6 Druid Hills Dr Atlanta, GA 30329

OFF-MARKET
Office Spaces
85,000 SF Built 1968
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7-story, 85,000 square foot Class B office building located at 6 W Druid Hills Dr NE in Atlanta, Georgia. Built in 1968 and extensively renovated in 2010, the property boasts a prime location, offering exceptional connectivity to major highways I-85 and I-285, providing swift access to key business districts and transportation hubs. A mere 20-minute drive from Hartsfield-Jackson Atlanta International Airport ensures seamless travel for executives and clients. The building's strategic location near Fortune 500 companies, tech hubs (Technology Square and The Atlanta Tech Village), and esteemed educational institutions (Georgia Institute of Technology and Emory University) provides access to a skilled workforce and fosters collaboration and innovation. The property features a multi-tenant occupancy currently at 50%, with a modified lease type. The asking price is $12,000,000, representing a pro-forma cap rate of 9.80% and a pro-forma NOI of $1,176,000. Amenities include a two-level parking deck, a commercial kitchen, a spacious 200+ seat dining room, and a fully equipped server station. The building also includes a 3,350 square foot built-out data center with 42U secure server racks, featuring a reinforced concrete slab, FM200 Clean Agent fire suppression, pre-action systems, and a smoke protection alert system. Power infrastructure includes underground utility power output of 2.5MW, two 1MW generators with 36 hours of on-site fuel storage, and four redundant 500k VA UPS. Security features include 24/7 CCTV, weekday lobby security, on-site personnel, badge-only access, and a secure mantrap to the data center. Cooling is provided by three redundant air/water-cooled chillers and four Liebert cold aisle containments. A carrier-neutral, meshed 8.8Tbs private optical network offers economical access to downtown Atlanta connectivity and colocation. The property sits on a 2.84-acre lot and is zoned M - Industrial. This iconic landmark offers a unique blend of historical charm and modern functionality, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Office Spaces
Year built 1968
Total area 85,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • Film Production Television Studio
  • Take-out & Catering Catering Service
  • Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Video Editing Service

Location

6 Druid Hills Dr Atlanta, GA 30329
Atlanta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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