Medical Office Building with Monument
401-405 West Pike St, Lawrenceville, GA 30046
For Sale
Contact for pricing
The freestanding medical property occupies a 0.75-acre parcel near Northside Gwinnett Hospital.
Property Size5,985 SF
Lot Size0.75 Acres
Price / SF$158.73
Days on Market54
Property Features for 401-405 West Pike St
General Information
Standard status
Size
Lot size
Property subtype
Amenities
monument signage
Building Details
Buildings
Building Size
Listing Agency:
Lavista Associates
Listed By:
Joe Gonsalves · License GA #351413
(770) 729-2834
Source:
Crexi
Added: Sep 18
Changed: Nov 3
Last Checked: Nov 8 at 8:58AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 5,985-square-foot medical office building is offered for sale on a 0.75-acre parcel. Monument signage is part of the property.
The building is near Northside Gwinnett Hospital in Lawrenceville, Georgia.
The building is near Northside Gwinnett Hospital in Lawrenceville, Georgia.
Key Highlights
- 5,985‑square‑foot medical office building
- Occupies a 0.75‑acre parcel
- Monument signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,991
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,820
$1.6M
Cap Rate 7%
$1,157,014
$1.2M
Cap Rate 9%
$899,900
$899.9K
Market Conditions
NOI Build-Up for 5,985 SF
Gross rent
$150.8K $25.20/SF
− Vacancy
−$15.8K −$2.65/SF
EGI
$135.0K $22.55/SF
− OpEx
−$54.0K −$9.02/SF
NOI
$81.0K $13.53/SF
Area
Gwinnett County, GA
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,820
Cap Rate 7%
$1,157,014
Cap Rate 9%
$899,900
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.74M
NOI $104,219 @ 7.0% cap · market cap 10.97%
Second Best
Healthcare Medical
$1.16M
$1.01M – $1.35M
NOI $80,991 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,113 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,070
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
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Crogan Pet Hospital — 94 E Crogan St, Lawrenceville, GA 30046
- T.A. Cook, DVM — 190 Buford Dr, Lawrenceville, GA 30046
- Gwinnett Animal Clinic — 190 Buford Dr, Lawrenceville, GA 30046
- Griffin J L DVM — 190 Buford Dr, Lawrenceville, GA 30046
- Fant M J DVM — 190 Buford Dr, Lawrenceville, GA 30046
Frequently Asked Questions
What type of property is this?
Medical Office Space - The freestanding medical property occupies a 0.75-acre parcel near Northside Gwinnett Hospital.
Where is this medical office space located?
The property is located at 401-405 West Pike St Lawrenceville, GA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5,985‑square‑foot medical office building; Occupies a 0.75‑acre parcel; Monument signage
