1990 W Exchange Pl
Tucker, GA 30084
LA Fitness: Tucker, GA · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 53,375-square-foot LA Fitness situated on 5.16 acres in Tucker, GA–a component of the Atlanta MSA (Population: 5.9 Million). LA Fitness’ absolute NNN lease has ±12.8 years of primary term remaining and features 8% rent escalations every 5 years in the initial term, and 10% rent escalations in each of the three 5-year option periods. LA Fitness has operated at the site since 2002 and agreed to a 15-year extension in 2018, which evidences their long-term commitment to the location. The site also recently underwent a series on interior and exterior improvements, which included new LVT flooring, interior paint, new lockers, sauna renovations, new parking lot lighting, coating and restriping the parking lot, remodeling the basketball court and custom millwork. The property is ideally situated adjacent to Interstate 285 (192,000 VPD); also known as “the perimeter,” as it encircles Atlanta and connects three major interstate highways to the metro), along Crescent Centre Boulevard and just 0.4 miles south of Lavista Road (29,800 VPD), which is Tucker’s primary retail and commercial thoroughfare. The property benefits from its proximity to 6.2 MSF of retail, 7.7 MSF of office, 10.9 MSF of industrial and 12,726 multifamily units within a 3-mile radius, allowing LA Fitness to capitalize on the thriving economic activity in the immediate area, as well as the 44,000 employees situated within a 3-mile radius of the site. The corridor’s retail scene is highlighted by the 962,000-square-foot Northlake mall (anchors: JCPenney, Macy’s and a new Emory Healthcare Office), the Northlake Festival Shopping Center (anchors: Best Buy and ALDI) and Briarcliff Village (anchors: Publix, TJ Maxx and Party City). Additional premier tenants include Target, Kroger, Sprout’s, Dick’s Sporting Goods, DSW, Ross Dress for Less, Shoe Carnival, Michaels, Hobby Lobby, Office Depot, PetSmart, Goodwill, Dollar Tree, Wells Fargo, Chase Bank, SunTrust, Bank of America, Verizon, T-Mobile, AT&T, Orange Theory, FedEx Print & Ship Center, UPS, Mellow Mushroom, Marlow’s Tavern, Red Lobster, Panera Bread, Chipotle, Jason’s Deli, Del Taco, Chick-fil-A, Moe’s, Willy’s, Newk’s Eatery, Nothing Bundt Cakes, Smoothie King, Dunkin’ Donuts, Starbucks, Pizza Hut, Popeyes, McDonald’s, Captain D’s, Checkers, Domino’s Pizza and Waffle House, among many others. The site also benefits from its proximity to numerous apartment complexes, which provide LA Fitness with a sustainable built-in customer base. Apartments include Fairfield Residential (under construction), Avana City North Apartments (357 Units), Atlas at LaVista Hills (399 Units), Providence of Northlake (256 Units) and Green Apartments (310 Units), among many others. The Dekalb County Police Department and Fire Rescue offices—adjacent to the site—also provides LA Fitness with a built-in customer base. LA Fitness benefits from Tucker’s diverse business climate, which includes several nationally and internationally recognized companies including Oglethorpe Power (0.5 miles east), YP Holdings (0.8 miles north), Primo Grills and Smokers (1.6 miles west), The Big Green Egg (4.6 miles east) and Georgia Case Company (3.4 miles east). Additional key points of interests within the immediate area include Kaiser Permanente Crescent Medical Center (0.6 miles south), Emory University Orthopaedic & Spine Hospital (1.8 miles south), Mercer University Atlanta Campus (3.8 miles north) and St. Pius High School (3.6 miles northwest). In total, LA Fitness enjoys dynamic demographics with a population of 89,134 and an average household income of $99,205 within a 3-mile radius of the site.