Leased Retail Strip
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.
(404) 229-8004
Listed by
SAM STINNETT
(404) 229-8004
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.
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
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 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
Similar For Sale Nearby
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