1990 Lakeside Parkway

Tucker, Georgia

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Building

Stats

  • Property Type Office - Office Building
  • Year built 1986
  • Building size (SF) 63,577
  • Size (Ac) 3.82
  • Price $6,300,000

Overview

1990 Lakeside Parkway is a 63,577-square-foot, three-story office building extremely well located in the heart of Tucker, GA just outside of Atlanta. The property is currently 83% occupied, leased to a diverse tenant mix including engineers, lawyers, and healthcare professionals.

1990 Lakeside boasts a fully redesigned lobby, ample surface parking spaces, and open workspaces, ideal for professional firms looking to make a lasting first impression. This asset sits in an attractive park-like setting with lush landscaping, a pond, and multiple walking trails perfect for employees to unwind. Local amenities surround the property, with 25 fast casual dining options within one mile of the property. Guests and business partners have great hotels to choose from, with brands such as Courtyard, Holiday Inn, Hampton Inn, and more all within reach of the center.

Highlights

Attractive yielding opportunity

Stable In-place Income with Value-add Upside - $631K In-Place NOI

Diversified rent roll w/ staggered expiration schedule
“Urban Suburban” Location easily accessible to the urban core and densely populated suburbs

Covered Land Play – 3.8 acre parcel w/ recent land sale comps at $1.65M per acre

50% of the leased RSF has continuously occupied the space for 11.5 years on average

Location Map

Team

Collin BeVier

Associate
Avison Young - US - GA - Atlanta
Casey Keitchen

Casey Keitchen

Principal
Avison Young - US - GA - Atlanta

Downloads

1990 Lakeside Pkwy OM.pdf

1990 - Lakeside Pky.avux

Merit - CERM with Alts 1978_001.pdf

CERM Suite 300 - HLCI Proposal - R.4 - 121222.pdf

CERM Suite 300 - HLCI Proposal - R.2 - 120722.pdf

CCG - CERM with alts 22-0541-02.pdf

CCG - CERM with alts 22-0541-01.pdf

Dekalb Co 1990 1.22-1.23.pdf

LC 1990 Ste 230 - HLCI Budget - 103122.pdf

1990 230 Floor Plan.jpg

1990 #230 Bid Comp 10-31-22.xls

Merit Con. Proposal 1683_001.pdf

CERM Suite 300 - HLCI Proposal - R.1 - 120122.pdf

CERM Suite 300 - HLCI Proposal - 112322.pdf

CCG CERM TI Proposal.pdf

1990 Lakeside_CERM Expansion_PP1.pdf

1990 Lakeside 3rd Fl - HLCI Budget - 111422.pdf

1990 CERM Bid Comp 12-20-22.xls

1990 CERM Bid Comp 11-28-22.xls

1990 CERM 3rd Floor CA Bid Comp 11-14-22.xls

GA Power 1990 1979 1.22-2.23.pdf

1990 Lakeside - Board of Regents (UGA) - Rental Agmt - 4.4.22.pdf

Lakeside Signed Commencement Letter Safikovs Law 2.15.23.pdf

Commission Agreement.pdf

1990 Lakeside - Safikovs Law - Lease - D2-EXEC.pdf

Sublease Agreement Childkind.pdf

ParadigmTaxGroup_Lease_1990.pdf

Consent of Landlord to Sublease.pdf

Organization of Dekalb Educators, Inc. Lease Agreement.pdf

Green Financial dba Liberty National Lease Agreement.pdf

Green Financial dba Liberty National Commencment Date Memorandum.pdf

Kikkoman_NameChange_1979.pdf

Kikkoman_LicenseAgree_1979.pdf

Kikkoman_CO_1979.pdf

Kikkoman_Comm_Letter_1990.pdf

Kikkoman_4thAmend_1990.pdf

Kikkoman_3rdAmend_1979.pdf

Kikkoman_2ndAmend_1979.pdf

Kikkoman_1stAmend_1979.pdf

Kikkoman_1979.pdf

Janice E. Merchant First Amendment to Lease.pdf

Janice E. Merchant CPA - Lease Agreement.pdf

Georgia Mental Health Lease Agreement.pdf

Georgia Mental Health Commencement Date Memorandum.pdf

DeKalbConvVisit_3rdAmend_1957.pdf

DeKalbConvVisit_2ndAmend_1957.pdf

DeKalbConvVisitorsBureau_1957.pdf

DeKalbConVisitorsBureau_5thAmend_1957.pdf

DeKalbConVisitorsBureau_4thAmend_1957.pdf

DeKalbConVisitorsBureau_1stAmend_1957.pdf

Dekalb Seventh Amendment to Lease.pdf

DeKalb Convention & Visitors Bureau Sixth Amendment.pdf

Constructive Ingenuity, LLC Lease Agreement.pdf

Lakeside Signed 6 Month Extension CERM 2.8.23.pdf

Executed Commencement Letter (CERM Dec 2015).pdf

CERM First Amendment to Lease.pdf

CERM - Lease Abstract.pdf

CERM - Lease 2015.pdf

CERM - Estoppel.pdf

CERM - CO.pdf

CRE Lakeside Amedisys 4th Amendment Signed 12.20.22.pdf

Amedisys_2ndAmend_1990.pdf

Amedisys_1stAmend_1990.pdf

Amedisys_1990.pdf

Amedisys - 3rd Amendment to Lease.pdf

RR - 1990 Lakeside.xlsx

1990 Lakeside Pky RCM 3.8.23.xlsx

1990 Aging Detail.xlsx

1990 2023 PTD Budget_Comparison_o9617502.pdf

1990 2022 Budget_Comparison_o9617502.pdf

1990 2021 Budget_Comparison_o9617502.pdf

Lakeside Site Map.pdf

Lakeside Center Survey.PDF

FINAL PLAT overall.pdf

1990 Roof Warranty 6-12-2039.pdf

1123000901_Tucker_Georgia_PCR (1).pdf

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