Multi-Tenant Office Building
4652 Lawrenceville Hwy Nw Lilburn, GA 30047
For Sale
$1,350,000
Professionally designed office suites with natural light and ample parking, offering flexibility for owner-occupiers or tenants.
Property Size6,570 SF
Price / SF$205.48
Days on Market67
Property Features for 4652 Lawrenceville Hwy Nw
General Information
Standard status
Active
Size
6,570 SF
Listing Agency:
Citywide Realty Co
(770) 231-2253
Listed By:
Latika Archuleta · License #184058
(770) 231-2253
Source:
Exprealty
Added: May 23
Changed: Jul 10
Last Checked: Jul 26 at 5:40PM
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.
This professionally maintained, multi-tenant office building totals 6,540 square feet and features eight individually configured office suites within a four-sided brick exterior. Each suite is designed with three private offices, a reception or waiting area, a private restroom, and a kitchenette or break area, along with large windows for natural light. The property is currently 50% leased, with four suites occupied and four suites vacant and move-in ready.
The building is located at 4652 Lawrenceville Hwy NW in Lilburn, Georgia, positioned along the established Lawrenceville Highway business corridor. The setting is described as a quiet, established professional office environment with ample surface parking on site. The layout supports a range of professional uses that require multiple offices and a dedicated reception space.
As an owner-user opportunity, the current configuration allows an operator to occupy up to half of the building while using in-place rental income to help offset occupancy costs. For tenants and buyers, the suite-based design offers flexibility for professional teams looking to expand without committing to a single, large footprint. The move-in ready vacant suites can support immediate occupancy for qualified office users matching the building’s multi-office, reception, restroom, and kitchenette/break room layout.
The building is located at 4652 Lawrenceville Hwy NW in Lilburn, Georgia, positioned along the established Lawrenceville Highway business corridor. The setting is described as a quiet, established professional office environment with ample surface parking on site. The layout supports a range of professional uses that require multiple offices and a dedicated reception space.
As an owner-user opportunity, the current configuration allows an operator to occupy up to half of the building while using in-place rental income to help offset occupancy costs. For tenants and buyers, the suite-based design offers flexibility for professional teams looking to expand without committing to a single, large footprint. The move-in ready vacant suites can support immediate occupancy for qualified office users matching the building’s multi-office, reception, restroom, and kitchenette/break room layout.
Key Highlights
- 6,540 SF four‑sided brick office building in Lilburn, GA, currently 50% leased (four suites occupied).
- Eight professionally designed office suites, each approximately 875 SF, with 3 private offices, reception, private restroom, and kitchenette/break area.
- Four additional suites are currently vacant and move‑in ready.
Financial Insights For Office B
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 | $156.8k | $23.87 |
| − Vacancy | −$39.5k | −$6.02 |
| EGI | $117.3k | $17.85 |
| − OpEx | −$29.3k | −$4.46 |
| NOI | $88.0k | $13.39 |
6,570 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Professionally designed office suites with natural light and ample parking, offering flexibility for owner-occupiers or tenants.
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 in Lilburn, GA, currently 50% leased (four suites occupied).; Eight professionally designed office suites, each approximately 875 SF, with 3 private offices, reception, private restroom, and kitchenette/break area.; Four additional suites are currently vacant and move‑in ready.