SITE DESCRIPTION & LOCATION

 

104 Luckie Consists of three parcels of land as follows:

         Parcel ID 14-0078-0012-092: Land Lease 7,602 SF (124 stalls)

         Parcel ID 14-0078-0012-087: Land Lease 13,434 SF (145 stalls)

         Parcel ID 14-0078-0012-096: Fee Simple Sale 12,798 SF (235 stalls)

Details:

104 Luckie Street is a 504-space, 7-story parking garage that occupies most of a city block in Downtown Atlanta.  A few feet from the Rialto Theatre to the east, it has frontage on 4 City streets including Luckie, Cone, Fairlie and Poplar.  The only other property on the block is 90 Fairlie, a 22 unit condo conversion.

The 7,602 SF parcel (ID 092) is a ground lease between Laz/LAIII and Chandler Wyant, execute February 1960, terminates February 2011 (51 years).  Current rate is $2,000 per month.

The 13,434 SF parcel (ID 087) is a ground lease between Laz/LAIII and the Estate of James Arogeti dated September 1, 1959, runs through July 9th, 2057.  Current rate is $2,000 per month (98 years).