Back to Search
Leased Retail Strip Center

155 Gwinnett Drive Lawrenceville, GA 30046

155 Gwinnett Drive, Lawrenceville, GA, 30046
$1,100,000
For Sale
$1,100,000

SINGLE_FAMILY - Lawrenceville, GA

Property Size8,400 SF
Lot Size1.00 Acre
Price / SF$130.95
Days on Market108

Property Features for 155 Gwinnett Drive

General Information

Property type
Residential
Property subtype
Retail
Zoning
BG003
Parking
40
Parking features
Parking Lot
Interior features
Restrooms
Fencing
Chain Link
Standard status
Active
Size
8,400 SF
Lot size
1.00 Acre

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
17288

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1990
Floors in Building
1
Flooring type
Carpet, Concrete
Building materials
Block, Brick
Roof type
Asbestos Shingle, Flat
Additional Structures
Other
Listing agency Atlanta Rebate Realty, LLC.
Listed by SAM STINNETT
Added: Apr 6 Updated: May 13 at 2:39PM Checked: Jul 22 at 3:06PM
MLS# 7747790

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

155 Gwinnett Drive is a retail strip center offered for sale as an investment or owner-user opportunity. The property is sold as-is with no seller disclosures, and it is currently 100% leased.

The center totals approximately 8,400 square feet on a 1-acre lot. Zoning is listed as BG003.

Seller financing is available per the listing terms, and the seller is offering a 2-year loan at 8% per annum interest with a $100,000 down payment.

Key Highlights

  • Retail strip center built in 1990 with block and brick construction
  • Currently 100% leased retail center
  • Central heating and central air conditioning

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $151.2k $18.00
− Vacancy −$11.8k −$1.40
EGI $139.4k $16.60
− OpEx −$41.8k −$4.98
NOI $97.6k $11.62
8,400 SF · lease $18.00/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.39M
$1.22M – $1.63M (±1% cap)
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 (±1% cap)
NOI $164,369 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

X Computer Support Tech Support Center Gwinnett Discount Music (Bike/Boat/Book/etc) Store Coffee Shop As Cafe & Coffee Shop Maxo & Associates, Llc Accounting Firm EM Company, Inc. ... Freight Service

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Strip mall - Retail strip center sold as-is, 100% leased, with seller financing available and BG003 zoning.
Where is this strip mall located?
The property is located at 155 Gwinnett Drive 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: Retail strip center built in 1990 with block and brick construction; Currently 100% leased retail center; Central heating and central air conditioning
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message