Brick Office Building with Three
5 Hurricane Shoals Road NE Lawrenceville, GA 30046
For Sale
$816,725
Four-sided brick office building with three separate suites, sized for flexible professional use.
Property Size3,808 SF
Price / SF$214.48
Days on Market285
Property Features for 5 Hurricane Shoals Road NE
General Information
- Standard status
- Active
- Size
- 3,808 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1988
Listing Agency:
Living Stone Properties, Inc.
(770) 277-9978
Listed By:
Greg Cantrell · License #163837
(770) 277-9978
Source:
Xome
Added: Oct 13, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:00PM
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.
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 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 | $90.9k | $23.87 |
| − Vacancy | −$22.9k | −$6.02 |
| EGI | $68.0k | $17.85 |
| − OpEx | −$17.0k | −$4.46 |
| NOI | $51.0k | $13.39 |
3,808 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$728.5K
$637.4K – $849.9K
NOI $50,993 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$931.4K – $1.24M
NOI $74,514 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Approved Risk Reduction ...
Counselor
Nelloms Agency: Allstate ...
Insurance Agency
Neurons Behavioral Resources, ...
Training Center
Dr. Manley Burton
Pediatrician
Pelham Shalman & Hobbs
Real Estate Agency
FAQs
What type of property is this?
Office units - Four-sided brick office building with three separate suites, sized for flexible professional use.
Where is this office units 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
