Buckhead 9 Story Office / Mixed Use Building 550 Pharr Rd NE 103,859 SF 62% Leased Office Building Atlanta, GA 30305 $21,827,841 CAD ($210.17 CAD/SF) 8.50% Cap Rate

550 Pharr is a highly recognizable, architecturally distinctive building featuring multiple outdoor amenity spaces, an on-site restaurant, and a fitness center tenant. The small suite sizes, abundant parking, unique design, and premier location contribute to a strong value add play in a highly desirable location.

The building’s architecture includes unique outdoor amenity areas for events, entertaining, and tenant use, including two large 7th floor outdoor spaces, two expansive first-floor patios, an intriguing penthouse with wraparound outdoor space and private balconies for most all suites.

Another exciting feature of the property is the 9th-floor penthouse suite, offering a full 360-degree wraparound outdoor terrace with expansive skyline views. The penthouse provides a compelling opportunity for an inspiring signature office, or with proper approvals a private club, event venue, or spectacular penthouse residence.

Acquiring the asset substantially below replacement cost provides investors tremendous upside potential. The lobby, restrooms and most of the suites are in great condition. The next phase of improvements including activating the outdoor amenities will help 550 Pharr continue to soar as Buckhead popularity continues to flourish.

The property is well located in Buckhead between Piedmont Road and Peachtree Street, with exceptional walkability to premier dining, retail, entertainment, parks and residential options. The location also offers immediate access to GA 400 and I-85, ensuring excellent regional connectivity.