Retail Space with
1525 Buford Drive, Lawrenceville, GA 30043
For Sale
Contact for pricing
The former CVS has signalized access and a dedicated turn lane on Buford Drive.
Property Size10,722 SF
Price / SF$270.47
Days on Market45
Property Features for 1525 Buford Drive
General Information
Standard status
Size
Property subtype
Site & Location
Drive-Thru
Road Access
Listing Agency:
Lavista Associates
Listed By:
Phil Ryan · License #GA 168763
(770) 729-2843
Source:
Crexi
Added: Sep 26
Changed: Nov 8
Last Checked: Nov 8 at 4:48PM
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 Lavista Associates
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Investment Insights
Based on property information with market context.
This 10,722 ± SF retail property was formerly occupied by CVS and includes a drive-through. The site has one access point on Buford Drive (GA 20), where a dedicated turn lane and traffic signal provide roadway access, plus a separate access point on Ridge Road.
The property is in a densely developed area of North Metro Atlanta, with frontage along major thoroughfares.
The property is in a densely developed area of North Metro Atlanta, with frontage along major thoroughfares.
Key Highlights
- 10,722 ± SF of retail space
- Drive‑through feature
- Signalized access and a dedicated turn lane on Buford Drive (GA 20)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,443
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,348,860
$3.3M
Cap Rate 7%
$2,392,043
$2.4M
Cap Rate 9%
$1,860,478
$1.9M
Market Conditions
NOI Build-Up for 10,722 SF
Gross rent
$231.6K $21.60/SF
− Vacancy
−$8.3K −$0.78/SF
EGI
$223.3K $20.82/SF
− OpEx
−$55.8K −$5.21/SF
NOI
$167.4K $15.62/SF
Area
Gwinnett County, GA
Vacancy
3.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,348,860
Cap Rate 7%
$2,392,043
Cap Rate 9%
$1,860,478
Alternative Uses
Best Use
Specialty Retail
$2.39M
$2.09M – $2.79M
NOI $167,443 @ 7.0% cap · market cap 5.77%
Second Best
Retail
$1.78M
$1.56M – $2.08M
NOI $124,560 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M
NOI $209,805 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 30043, GA
88,453
Population
30,251
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
2,672
Density / Sq Mi
$91,299
Median Household Income
$44,207
Median Earnings
$1,787
Median Rent
$344,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Gwinnett County, GA
Properties on Market for Retail space in Gwinnett County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The former CVS has signalized access and a dedicated turn lane on Buford Drive.
Where is this retail space located?
The property is located at 1525 Buford Drive Lawrenceville, GA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10,722 ± SF of retail space; Drive‑through feature; Signalized access and a dedicated turn lane on Buford Drive (GA 20)
