Tucker Office Market Trends

Office Rental Market

  • $21.40 2019 Avg. Asking Rent
  • 11.85 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Tucker was $21.40 per square foot, and the office vacancy rate across the market averaged 11.85 %. During 2019, developers added 0 square feet of new office space to the Tucker market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Tucker Class A Office Buildings$23.53
  • Tucker Class B Office Buildings$17.47
  • Tucker Class C Office Buildings$19.50
  • GA Class A Office Buildings$29.13
  • GA Class B Office Buildings$20.45
  • GA Class C Office Buildings$16.21

Tucker, GA Office Asking Rents by Class

Office asking rents vary across the Tucker office market depending on several factors, one of which is property class. While rents for Class A office buildings in Tucker averaged $23.53 per square foot in 2019, Class B office properties garnered average rental rates of $17.47 per square foot. Rental rates for Class C office property in Tucker averaged $19.50 per square foot. On a statewide level, Class B office space rents averaged $20.45 per square foot, while rents for Class A office space across Georgia averaged $29.13 per square foot. On average, Class C office properties in Georgia commanded rents of $16.21 per square foot.

OFFICE CONSTRUCTION IN Tucker, GA

  • Tucker, GA Total Sqft completed in 2019 0
  • Tucker, GA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Tucker
Building name Address Total Sqft Year built
Oglethorpe Power Corporation 2100 East Exchange Place, 30084 298,462 1982
2247 Northlake Pkwy 2247 Northlake Pkwy, 30084 295,279 2001
4750 Hugh Howell Road 4750 Hugh Howell Road, 30084 275,724 1974
2059 Northlake Pkwy 2059 Northlake Pkwy, 30084 250,000 1975
Crescent Centre at Northlake 100 Crescent Centre Pkwy, 30084 247,296 1985
Lakeside Centre - 1979 Lakeside Pkwy 1979 Lakeside Pkwy, 30084 200,479 1990
2300 Northlake Centre 2300 Northlake Center Drive, 30084 179,240 1982
Lakeside Centre - 1927 & 1957 Lakeside Pkwy 1927 Lakeside Pkwy, 30084 146,639 1984
2245 Northlake Pkwy 2245 Northlake Pkwy, 30084 111,013 1980
Lakeside Centre - 1967 & 1975 Lakeside Pkwy 1975 Lakeside Pkwy, 30084 100,091 1985
Largest Office Properties Recently Completed in Tucker
Office building Address Sqft Completed
2247 Northlake Pkwy 2247 Northlake Pkwy, 30084 295,279 2001
Kaiser Permanente Crescent Medical Center 200 Crescent Center Pkwy, 30084 75,975 1994
Lakeside Centre - 1979 Lakeside Pkwy 1979 Lakeside Pkwy, 30084 200,479 1990
Heritage Place Office Park 4500 Hugh Howell Road, 30084 66,263 1987
Lakeside Centre - 1990 Lakeside Pkwy 1990 Lakeside Pkwy, 30084 60,708 1986
Crescent Centre at Northlake 100 Crescent Centre Pkwy, 30084 247,296 1985
Lakeside Centre - 1967 & 1975 Lakeside Pkwy 1975 Lakeside Pkwy, 30084 100,091 1985
Northlake Corners Office Building 3469 Lawrenceville Hwy, 30084 29,946 1985
Lakeside Centre - 1927 & 1957 Lakeside Pkwy 1927 Lakeside Pkwy, 30084 146,639 1984
Northlake Atrium Office Building 4053 Lavista Road, 30084 46,192 1984
Data provided by Commercial Edge

Office Spaces for Rent in Georgia

TUCKER OFFICE SALES TRENDS

  • $35.812019 Avg. Price per Sqft
  • -46.13 %Y-o-Y Avg. PpSF Change
  • $25.2M2019 Office Sales Volume
  • 42019 Number of Transactions

In 2019, office sales in Tucker averaged $35.81 per square foot. This marked a -46.13 % decrease in office price per square foot, compared to the previous year. A total of 4 office sales closed on the Tucker office market in 2019, amounting to a total sales volume of $25.2M.

Average Office Sale Price per Sqft

Tucker, GA Sales Trends

  • Tucker Price per Sqft$35.81
  • Georgia Price per Sqft$172.86

Office Sales - Trend and Volume

  • Tucker, GA Total Office Sales Volume in 2019 $25.2M
  • Tucker, GA Total Number of Office Sales Closed in 2019 4

Largest Tucker Office Sales in 2019

Property name Address Date Price
2059 Northlake Pkwy 2059 Northlake Pkwy 5/20/2019 $10,000,000
4750 Hugh Howell Road 4750 Hugh Howell Road 7/16/2019 $7,250,000
Lakeside Centre - 1927 & 1957 Lakeside Pkwy 1927 Lakeside Pkwy 12/4/2019 $5,750,000
Northlake Corners Office Building 3469 Lawrenceville Hwy 1/10/2019 $2,150,000
Data provided by Commercial Edge

See trends for nearby markets

The Tucker office market contains an inventory of 2,560,248 square feet of office space, in 36 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Tucker commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.