Brick Office Building with Three
For Sale
$816,725
5 Hurricane Shoals Road NE, Lawrenceville, GA 30046
Four-sided brick office building with three separate suites, sized for flexible professional use.
Property Size3,808 SF
Price / SF$228.14
Days on Market350
Property Features for 5 Hurricane Shoals Road NE
General Information
Standard status
Active
Size
3,808 SF
Property subtype
Commercial,Office
Additional Details
Highway Access
Yes
Office Units
3
Taxes and HOA fees
Annual Taxes
$7,564
Building Details
Building Size
3,808 SF
Year Built
1988
Construction
4-sided brick
Tenancy
Multi
Listing Agency:
Living Stone Properties, Inc.
Listed By:
Greg Cantrell · License #163837
(770) 277-9978
Source:
Strongtowerrealty
Added: Nov 7, 2025
Changed: Oct 19
Last Checked: Oct 23 at 2:22PM
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 Living Stone Properties, Inc.
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Investment Insights
Based on property information with market context.
This four-sided brick office building is arranged with three separate office suites, offering a mix of space sizes. Suite A is approximately 2,143 square feet, Suite B is approximately 373 square feet, and Suite C is approximately 1,064 square feet, making the layout workable for multiple tenants or an owner-occupant arrangement.
The property is located just minutes from Historic Downtown Lawrenceville, Georgia Gwinnett College, Northside Hospital Gwinnett, and Gwinnett County Airport–Briscoe Field. Access is described as convenient to University Parkway (Hwy 316) and major area amenities.
For sale as a multi-suite office asset, it is positioned for professional offices and owner-users or investors looking for building-level ownership with suite-based flexibility.
The property is located just minutes from Historic Downtown Lawrenceville, Georgia Gwinnett College, Northside Hospital Gwinnett, and Gwinnett County Airport–Briscoe Field. Access is described as convenient to University Parkway (Hwy 316) and major area amenities.
For sale as a multi-suite office asset, it is positioned for professional offices and owner-users or investors looking for building-level ownership with suite-based flexibility.
Key Highlights
- 4‑sided brick office building built in 1988 with three separate office suites for flexible professional use
- Suite A: approx. 2,143 SF; Suite B: approx. 373 SF; Suite C: approx. 1,064 SF
- 15 parking spaces on a corner lot with access off a county road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,940
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,800
$958.8K
Cap Rate 7%
$684,857
$684.9K
Cap Rate 9%
$532,667
$532.7K
Market Conditions
NOI Build-Up for 3,580 SF
Gross rent
$85.5K $23.87/SF
− Vacancy
−$21.5K −$6.02/SF
EGI
$63.9K $17.85/SF
− OpEx
−$16.0K −$4.46/SF
NOI
$47.9K $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%
$958,800
Cap Rate 7%
$684,857
Cap Rate 9%
$532,667
Alternative Uses
Best Use
Office B
$684.9K
$599.3K – $799.0K
NOI $47,940 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$875.7K – $1.17M
NOI $70,052 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four-sided brick office building with three separate suites, sized for flexible professional use.
Where is this office unit located?
The property is located at 5 Hurricane Shoals Road NE Lawrenceville, GA.
What is the asking price?
The asking price for this property is $816,725.
What are key features of this property?
This property features: 4‑sided brick office building built in 1988 with three separate office suites for flexible professional use; Suite A: approx. 2,143 SF; Suite B: approx. 373 SF; Suite C: approx. 1,064 SF; 15 parking spaces on a corner lot with access off a county road
