Fully Leased Strip
For Sale
$1,100,000
155 Gwinnett Dr, Lawrenceville, GA 30046
Fully occupied retail center near Downtown Lawrenceville with a mix of storefront and professional-service positioning.
Property Size8,400 SF
Price / SF$130.95
Days on Market88
Property Features for 155 Gwinnett Dr
General Information
Standard status
Active
Size
8,400 SF
Occupancy
100%
Building Details
Year Built
1990
Listing Agency:
Atlanta Rebate Realty, LLC.
Listed By:
SAM STINNETT
(404) 229-8004
Source:
Shortsaleatlanta
Added: Jul 20
Changed: Oct 4
Last Checked: Oct 7 at 5:37PM
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 Atlanta Rebate Realty, LLC.
Investment Insights
Based on property information with market context.
This strip center at 155 Gwinnett Dr in Lawrenceville, Georgia, contains 8,400 square feet and was constructed in 1990. The property is currently 100% leased and is being offered in its existing condition, with no seller disclosures provided.
The center is located minutes from Lawrenceville’s historic Downtown district in Gwinnett County. The surrounding demand is described as serving local residents, students, and commuters, with the property positioned for service-oriented retail, professional offices, or boutique storefront uses. Its tenant-focused configuration provides an established retail setting for an owner-user or investor evaluating a fully occupied commercial property.
The center is located minutes from Lawrenceville’s historic Downtown district in Gwinnett County. The surrounding demand is described as serving local residents, students, and commuters, with the property positioned for service-oriented retail, professional offices, or boutique storefront uses. Its tenant-focused configuration provides an established retail setting for an owner-user or investor evaluating a fully occupied commercial property.
Key Highlights
- 8,400‑square‑foot strip center in Lawrenceville, GA
- Currently 100% leased
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,584
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,951,680
$2.0M
Cap Rate 7%
$1,394,057
$1.4M
Cap Rate 9%
$1,084,267
$1.1M
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$151.2K $18.00/SF
− Vacancy
−$11.8K −$1.40/SF
EGI
$139.4K $16.60/SF
− OpEx
−$41.8K −$4.98/SF
NOI
$97.6K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,951,680
Cap Rate 7%
$1,394,057
Cap Rate 9%
$1,084,267
Alternative Uses
Best Use
Retail
$1.39M
$1.22M – $1.63M
NOI $97,584 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,369 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Explore this area
Business Placement
Demographics for 30046, GA
40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail center near Downtown Lawrenceville with a mix of storefront and professional-service positioning.
Where is this strip mall located?
The property is located at 155 Gwinnett Dr Lawrenceville, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8,400‑square‑foot strip center in Lawrenceville, GA; Currently 100% leased; Built in 1990
