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1850 Lake Park Dr SE 12,032 SF 100% Leased Office Building Smyrna, GA 30080 $1,700,000 ($141.29/SF)

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INVESTMENT HIGHLIGHTS

  • Cumberland Galleria & The Battery Atlanta, with a wealth of dining, shopping, and entertainment options.
  • Major highways, including I-285 and I-75, ensuring seamless connectivity.
  • Ample drive-up surface parking with a 4.0 spaces per 1,000 RSF ratio
  • Major highways, including I-285 and I-75, ensuring seamless connectivity.
  • Excellent public transportation and nearby affordable housing options
  • Perfect blend of owner-user potential and investment stability.

EXECUTIVE SUMMARY

This building is also available for sale with 1800 Lake Park Drive as a portfolio for $4.2M.
1850 Lake Park Drive (12,032± SF) – Leased to multiple tenants, providing a stable income stream to help cover debt service and significantly reduce occupancy costs.
1800 Lake Park Drive (22,656± SF) – Vacant and move-in ready, making it an ideal option for an owner-occupier seeking a headquarters or office space.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
12,032 SF
Building Class
B
Year Built/Renovated
1984/2024
Price
$1,700,000
Price Per SF
$141.29
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,016 SF
Building FAR
0.12
Lot Size
2.35 AC
Zoning
OI - Office Institutional
Parking
45 Spaces (3.74 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • American Transportation
  • -
  • 800 SF
  • -
  • -
  • -
  • Apex Behaviorial Associates Llc
  • -
  • 400 SF
  • -
  • -
  • -
  • -
  • 1,000 SF
  • -
  • -
  • -

Farmers Insurance Group is a major U.S. insurer headquartered in Woodland Hills, California. Founded in 1928 by John C. Tyler and Thomas E. Leavey, the company began as Farmers Automobile Inter-Insurance Exchange and has grown into one of the largest property and casualty insurers in the country. Farmers offers a broad portfolio of insurance products, including auto, homeowners, renters, life, and commercial coverage, as well as financial services through affiliated entities. The organization operates as a group of reciprocal exchanges managed by Farmers Group, Inc., which is a wholly owned subsidiary of Zurich Insurance Group. Farmers serves millions of policyholders across all 50 states through a network of exclusive and independent agents.

  • Hyper Visor Technologies
  • -
  • 450 SF
  • -
  • -
  • -
  • New owner
  • -
  • 4,200 SF
  • -
  • Full Service
  • Sep 2026
  • new owner will occupy
  • -
  • 1,800 SF
  • -
  • Full Service
  • Sep 2026
  • -
  • 150 SF
  • -
  • -
  • -

Quarrells Consulting PC is a privately held professional corporation based in Smyrna, Georgia. Founded in 2001 by Drs. Carlton and Rakale Quarells, the firm provides psychological testing, psychotherapy, and business leadership assessments for individuals, families, and organizations. The company also offers research consultation services to universities and community organizations seeking grant funding. Operating under Georgia licensure for clinical psychology, Quarrells Consulting emphasizes culturally competent care and evidence-based practices. The organization is registered as a Georgia Domestic Professional Corporation and remains active in compliance with state regulations.

  • -
  • 1,890 SF
  • -
  • Full Service
  • Nov 2012
  • -
  • 1,706 SF
  • -
  • -
  • Aug 2022

Thriveworks, clinician-founded and -led, is a leading mental health provider of therapy and psychiatry. They offer in-person and online care, with offices and clinicians across the US. Their services help individuals, couples, and families. They offer mental health services to individuals of all ages, from adults to teens to children helping them with their unique individual and relationship challenges.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
American Transportation - 800 SF - - -
Apex Behaviorial Associates Llc - 400 SF - - -
- 1,000 SF - - -
Hyper Visor Technologies - 450 SF - - -
New owner - 4,200 SF - Full Service Sep 2026
new owner will occupy - 1,800 SF - Full Service Sep 2026
- 150 SF - - -
- 1,890 SF - Full Service Nov 2012
- 1,706 SF - - Aug 2022

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,000-12,032 SF
  • Office
  • Full Build-Out
  • 30 Days

Plug & Play office with new flooring and paint; vacant and move-in ready; rate is net of utilities; may be combined with 1800 Lake Park Drive for a total of 34,688 SF available for lease. This building shares a parking lot with 1800 Lake Park Drive for a total 121 spaces

Space Size Space Use Condition Available
1st Floor 1,000-12,032 SF Office Full Build-Out 30 Days

1st Floor

Size
1,000-12,032 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 1,000-12,032 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Plug & Play office with new flooring and paint; vacant and move-in ready; rate is net of utilities; may be combined with 1800 Lake Park Drive for a total of 34,688 SF available for lease. This building shares a parking lot with 1800 Lake Park Drive for a total 121 spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-0734-0-022-0
Land Assessment
$364,276
Improvements Assessment
$703,004
Total Assessment
$1,067,280
  • Listing ID: 35126892

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 1850 Lake Park Dr SE, Smyrna, GA 30080

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