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Pacific Century Tower 6 W Druid Hills Dr NE

85,000 SF 60% Leased Office Building Atlanta, GA 30329 £9,480,120 (£112/SF) 9.80% Net Initial Yield

Investment Highlights

  • 7 story iconic building meticulously renovated in 2010
  • Building contains commercial kitchen and 200+ seat dining room
  • Surrounded by Fortune 500 companies and tech hubs, incl Technology Square and The Atlanta Village
  • Ample parking, including covered parking deck
  • Strategically visible off I-85 w/easy access to I-285 and GA-400
  • 20-minute drive to Hartsfield-Jackson Atlanta International Airport

Executive Summary

Nestled at 6 W Druid Hills Dr NE in Atlanta, GA, Pacific Century Tower stands as an impressive 85,000 SF office building, spanning 7 stories and boasting a distinctive architectural presence. Originally constructed in 1968 and meticulously renovated in 2010, this property seamlessly combines modern functionality with a touch of historical charm. The investment includes a two-level parking deck, a commercial kitchen, a spacious 200+ seat dining room, and a fully equipped server station, offering a versatile space for a range of business needs. With a commitment to both form and function, Pacific Century Tower stands as an iconic landmark in Atlanta’s bustling landscape.
Below are some points for your reference of the data center and building power, security,  cooling, and connectivity that attract tech or media players.  
3,350 sq. built-out data center with 42U secure server racks in self-contained Pods on a reinforced concrete slab for superior PUE.   It is a preconfigured extension for an additional 6,470 sq. ft.  The entire floor is protected by FM200 Clean Agent System fire suppression, pre-action systems, and a smoke protection alert system. 
Underground utility power output is 2.5MW.  Two 1MW generators, 36 hours on-site fuel storage.  Four redundant 500k VA UPS.
24x7x365 CCTV at building perimeter, loading dock,  data center, and Pod.  Weekdays lobby security and on-site personnel.  Badge-only access to all floors.  Secure mantrap to the data center.
Three redundant air/water-cooled chillers and four Liebert cold aisle containment.
Carrier neutral, meshed 8.8Tbs private optical network enables economical access to downtown Atlanta connectivity and colocation without carrier hotel pricing.   High capabilities to connect to media pre- and post-production.

Attachments

6 W Druid - Sale

Data Room Click Here to Access

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £1,325,520 £15.59
Other Income - -
Vacancy Loss - -
Effective Gross Income £1,325,520 £15.59
Taxes - -
Operating Expenses - -
Total Expenses £397,656 £4.68
Net Operating Income £927,864 £10.92

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £1,325,520
Annual Per SF £15.59
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £1,325,520
Annual Per SF £15.59
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £397,656
Annual Per SF £4.68
Net Operating Income
Annual £927,864
Annual Per SF £10.92

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Data Centre
Building Size
85,000 SF
Building Class
B
Year Built/Renovated
1968/2010
Price
£9,480,120
Price Per SF
£112
Net Initial Yield
9.80%
NOI
£929,052
Percent Leased
60%
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
13,000 SF
Slab to Slab
11 ft
Building FAR
0.69
Land Acres
2.84 AC
Zoning
M - Industrial
Parking
354 Spaces (4.16 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Security System
  • Signage
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,647 SF
  • Office
  • Full Build-Out
  • Now

These suites can be subdivided. Incl data center & individual suites.

  • 3rd Fl-Ste 350
  • 4,377 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Fl-Ste 400 - 406
  • 4,514 SF
  • Office
  • Full Build-Out
  • Now

This suite has a finished area with offices

  • 4th Fl-Ste 410
  • 2,126 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Fl-Ste 450
  • 5,469 SF
  • Office
  • Full Build-Out
  • Now
  • 7th Fl-Ste 700
  • 4,349 SF
  • Office
  • Full Build-Out
  • Now
  • 7th Fl-Ste 750
  • 5,415 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 7,647 SF Office Full Build-Out Now
3rd Fl-Ste 350 4,377 SF Office Full Build-Out Now
4th Fl-Ste 400 - 406 4,514 SF Office Full Build-Out Now
4th Fl-Ste 410 2,126 SF Office Full Build-Out Now
4th Fl-Ste 450 5,469 SF Office Full Build-Out Now
7th Fl-Ste 700 4,349 SF Office Full Build-Out Now
7th Fl-Ste 750 5,415 SF Office Full Build-Out Now

1st Floor

Size
7,647 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 350

Size
4,377 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 400 - 406

Size
4,514 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 410

Size
2,126 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 450

Size
5,469 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

7th Fl-Ste 700

Size
4,349 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

7th Fl-Ste 750

Size
5,415 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,647 SF
Space Use Office
Condition Full Build-Out
Available Now

These suites can be subdivided. Incl data center & individual suites.

3rd Fl-Ste 350

Size 4,377 SF
Space Use Office
Condition Full Build-Out
Available Now

4th Fl-Ste 400 - 406

Size 4,514 SF
Space Use Office
Condition Full Build-Out
Available Now

This suite has a finished area with offices

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-155-03-001
Land Assessment
£564,510 (2023)
Improvements Assessment
£2,001,443 (2023)
Total Assessment
£2,565,952 (2023)
  • Listing ID: 30885343

  • Date on Market: 29/11/2022

  • Last Updated:

  • Address: 6 W Druid Hills Dr NE, Atlanta, GA 30329

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