The FlatIron Building is a 41,460 SF landmark building in Downtown Atlanta.  Built in 1897 and renovated in 2003, this 11 story class A office and retail building is well-suited for a user/investor with a need for a high profile, brand-building location.

 

Located on Peachtree Street, directly in the center of downtown Atlanta, the building is easily accessible to over 95,000 parking spaces and two separate subway stations, all within easy walking distance.

 

We believe the likely purchaser for the building will be a 30,000 SF+ user, who will occupy the entire building.  In the "financials" section of this site,  a PDF of a financial model that suggests that a user, with a 10% downpayment can obtain an SBA loan to complete the purchase and provide for tenant improvements and building upgrades, if necessary. Based on this analysis, and at current rates, the model implies that the purchaser's annual occupancy costs would be approximately $15/SF all-in.

This is a very competitive rate for downtown Atlanta office space in the fall of 2010.

 

Asking Price: $3.8 million

 

Click here to download The FlatIron flyer