Multi-Tenant Brick Office
For Sale
$1,350,000
4652 Lawrenceville Hwy NW, Lilburn, GA 30047
Eight-suite office property with flexible layouts, surface parking, and access to established Gwinnett County business corridors.
Property Size6,540 SF
Price / SF$205.48
Days on Market79
Property Features for 4652 Lawrenceville Hwy NW
General Information
Standard status
Active
Size
6,540 SF
Occupancy
50%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$1,350,000
Office Units
8
Building Details
Year Built
2005
Buildings
1
Building Size
6,540 SF
Construction
brick
Tenancy
Multi
Listing Agency:
Citywide Realty Co
Listed By:
Latika Archuleta · License #184058
(770) 231-2253
Source:
Brockteam
Added: Jul 27
Changed: Oct 9
Last Checked: Oct 13 at 12:57AM
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 Citywide Realty Co
Investment Insights
Based on property information with market context.
Built in 2005, this four-sided brick office building contains eight separately configured suites along Lawrenceville Highway in Lilburn. Each suite is designed with three private offices, a reception or waiting area, a private restroom, a kitchenette, large windows, and natural light. Four suites are leased, while the remaining four are vacant and move-in ready, supporting either owner occupancy or continued multi-tenant use. Surface parking is provided on site.
The property is located at 4652 Lawrenceville Hwy NW, with visibility along Lawrenceville Hwy (GA-29) and convenient connections to I-85, Ronald Reagan Pkwy, and surrounding Gwinnett County markets. The suite layout accommodates a range of professional office configurations, while the building’s separate spaces allow users to occupy only the area required for their operations.
The property is located at 4652 Lawrenceville Hwy NW, with visibility along Lawrenceville Hwy (GA-29) and convenient connections to I-85, Ronald Reagan Pkwy, and surrounding Gwinnett County markets. The suite layout accommodates a range of professional office configurations, while the building’s separate spaces allow users to occupy only the area required for their operations.
Key Highlights
- 6,540 SF four‑sided brick office building constructed in 2005
- Eight office suites with three private offices, reception, restroom, and kitchenette in each
- 50% leased with four occupied suites and four vacant, move‑in‑ready suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,979
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,580
$1.8M
Cap Rate 7%
$1,256,843
$1.3M
Cap Rate 9%
$977,544
$977.5K
Market Conditions
NOI Build-Up for 6,570 SF
Gross rent
$156.8K $23.87/SF
− Vacancy
−$39.5K −$6.02/SF
EGI
$117.3K $17.85/SF
− OpEx
−$29.3K −$4.46/SF
NOI
$88.0K $13.39/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,580
Cap Rate 7%
$1,256,843
Cap Rate 9%
$977,544
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $87,979 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,560 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
8
Office units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 30047, GA
69,172
Population
22,691
Households
3
Avg Household Size
38
Median Age
39%
College-Educated
82%
High-School Grad
27.4 sq mi
ZIP Area
2,525
Density / Sq Mi
$85,909
Median Household Income
$41,760
Median Earnings
$1,681
Median Rent
$325,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Eight-suite office property with flexible layouts, surface parking, and access to established Gwinnett County business corridors.
Where is this office building located?
The property is located at 4652 Lawrenceville Hwy NW Lilburn, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 6,540 SF four‑sided brick office building constructed in 2005; Eight office suites with three private offices, reception, restroom, and kitchenette in each; 50% leased with four occupied suites and four vacant, move‑in‑ready suites
