Neighborhood Shopping
For Sale
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Pending
1195 Scenic Hwy S, Lawrenceville, GA 30045
Brick retail center with updated parking lot lighting, a newer roof, and established multi-tenant occupancy.
Property Size12,937 SF
Days on Market144
Property Features for 1195 Scenic Hwy S
General Information
Standard status
Pending
Size
12,937 SF
Property subtype
Retail
Additional Details
Traffic Count
40,000 vehicles/day
Building Details
Construction
brick
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Marc Irvin · License #GA: 348971
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
Essex Plaza III is a 12,937 SF neighborhood shopping center with all-brick construction and five tenants. Four tenants have exercised lease extensions, resulting in a weighted average lease term over 5 years. Building improvements include a new TPO roof completed in 2019 with a 20 year warranty, along with new LED lighting in the parking lot.
The property is positioned on Scenic Highway in Lawrenceville, GA, where visibility is supported by almost 40,000 vehicles per day. It is located within a dense retail corridor near Snellville Exchange and The Shoppes at Webb Gin, both of which include national tenants. The surrounding area has average household incomes over $126k within a one mile radius and a population of 196k within five miles, expected to reach over 205k by 2027.
The property is positioned on Scenic Highway in Lawrenceville, GA, where visibility is supported by almost 40,000 vehicles per day. It is located within a dense retail corridor near Snellville Exchange and The Shoppes at Webb Gin, both of which include national tenants. The surrounding area has average household incomes over $126k within a one mile radius and a population of 196k within five miles, expected to reach over 205k by 2027.
Key Highlights
- 12,937 SF neighborhood shopping center with five tenants
- Four of the 5 tenants have exercised lease extensions
- Weighted average lease term over 5 years
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
188k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 42%
Leisure 21%
Shops & Services 20%
Beauty & Spa 11%
AMC Dine-IN Webb Gin 11
Leisure
39,948 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
38,180 visits/mo
0.3 miles
H&M
Apparel
17,986 visits/mo
0.4 miles
Victoria's Secret
Apparel
13,740 visits/mo
0.5 miles
Bath & Body Works
Beauty & Spa
13,704 visits/mo
0.5 miles
Demographics for 30045, GA
42,230
Population
14,266
Households
3
Avg Household Size
35
Median Age
33%
College-Educated
90%
High-School Grad
21.3 sq mi
ZIP Area
1,983
Density / Sq Mi
$98,702
Median Household Income
$45,839
Median Earnings
$2,277
Median Rent
$332,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- The Shoppes at Webb Gin — 1350 Scenic Hwy S, Snellville, GA 30078
- Sunglass Hut — 1350 Scenic Hwy N 1212 Ste 622, Snellville, GA 30078
- Essex Plaza II — 1215 GA-124, Lawrenceville, GA 30045
- Snellville Exchange — 1150 Scenic Hwy N, Lawrenceville, GA 30045
Frequently Asked Questions
What type of property is this?
Shopping center - Brick retail center with updated parking lot lighting, a newer roof, and established multi-tenant occupancy.
Where is this shopping center located?
The property is located at 1195 Scenic Hwy S Lawrenceville, GA.
What are key features of this property?
This property features: 12,937 SF neighborhood shopping center with five tenants; Four of the 5 tenants have exercised lease extensions; Weighted average lease term over 5 years
