Fully Leased Shopping
For Sale
$1,100,000
155 Gwinnett Drive, Lawrenceville, GA 30046
Commercial Sale, Lawrenceville, GA
Property Size8,400 SF
Lot Size1.00 Acre
Price / SF$130.95
Days on Market199
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
Lot features
Level
View
City
Directions
See GPS.
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
Concrete, Carpet
Building materials
Block, Brick
Roof type
Flat, Asbestos Shingle
Additional Structures
Other
Listing Agency:
Atlanta Rebate Realty, LLC.
Listed By:
SAM STINNETT
(404) 229-8004
Added: Apr 6
Changed: Oct 17
Last Checked: Oct 21 at 11:06AM
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.
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Investment Insights
Based on property information with market context.
This 8,400-square-foot shopping center occupies 1 acre at 155 Gwinnett Drive in Lawrenceville. Built in 1990, the property is fully leased and includes restrooms, concrete and carpet flooring, central heating and cooling, and a dedicated parking lot. Block and brick construction supports the center’s retail configuration, while chain-link fencing and a flat roof are also in place.
The property is located near Lawrenceville’s historic Downtown district and is served by public water and public sewer. Zoning is BG003. The sale is offered in as-is condition, with no seller disclosures provided.
The property is located near Lawrenceville’s historic Downtown district and is served by public water and public sewer. Zoning is BG003. The sale is offered in as-is condition, with no seller disclosures provided.
Key Highlights
- 8,400 square feet on 1 acre
- 100% leased retail center
- BG003 zoning
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
Well-served
Demand for This Use
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
Similar Off Market Nearby
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- Gwinnett Square Shopping Center — 316 Grayson Hwy, Lawrenceville, GA 30046
Frequently Asked Questions
What type of property is this?
Shopping center - Brick-and-block retail property with central HVAC, restrooms, and on-site parking.
Where is this shopping center 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: 8,400 square feet on 1 acre; 100% leased retail center; BG003 zoning
