Absolute NNN Bank
For Sale
Contact for pricing
Pending
701 Duluth Hwy, Lawrenceville, GA 30046
Operating bank facility leased to Truist with annual rent escalations and a remaining primary term.
Property Size10,540 SF
Lot Size1.68 Acres
Days on Market143
Property Features for 701 Duluth Hwy
General Information
Standard status
Pending
Size
10,540 SF
Lot size
1.68 Acres
Property subtype
Retail, Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1985
Tenancy
Single
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:02PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
This 10,540-square-foot bank facility occupies 1.68 acres and was built in 1985. The property is subject to an absolute NNN lease with approximately 8 years remaining in the primary term, plus 1.5% annual rent escalations. The lease is backed by Truist Bank, which carries an S&P A rating. A 12-year lease extension was completed in September 2016, reflecting continued occupancy at the site.
The property sits at 701 Duluth Hwy in Lawrenceville, Georgia, at the signalized intersection of Philip Boulevard and Duluth Highway, with 51,600 VPD. It is a few feet from the GA-316 on-ramp, which connects to Interstate 85 approximately 5 miles west. Nearby retail and service users include a Chrysler-Dodge-Jeep-RAM dealership, Benzer Pharmacy, Taco Bell, Wendy’s, Chick-fil-A, and Golden Krust. Lawrenceville Market, a 285,656-square-foot shopping center anchored by Target, Home Depot, AMC, Ross, PetSmart, Hobby Lobby, and Marshalls, is also located a few feet away.
Within 3 miles, the surrounding area includes 6.6 MSF of retail, 3.5 MSF of office, 12.2 MSF of industrial space, 5,470 multifamily units, and a daytime population exceeding 98,000. Northside Hospital Gwinnett, with approximately 350 beds, and numerous medical users contribute to the surrounding commercial concentration.
The property sits at 701 Duluth Hwy in Lawrenceville, Georgia, at the signalized intersection of Philip Boulevard and Duluth Highway, with 51,600 VPD. It is a few feet from the GA-316 on-ramp, which connects to Interstate 85 approximately 5 miles west. Nearby retail and service users include a Chrysler-Dodge-Jeep-RAM dealership, Benzer Pharmacy, Taco Bell, Wendy’s, Chick-fil-A, and Golden Krust. Lawrenceville Market, a 285,656-square-foot shopping center anchored by Target, Home Depot, AMC, Ross, PetSmart, Hobby Lobby, and Marshalls, is also located a few feet away.
Within 3 miles, the surrounding area includes 6.6 MSF of retail, 3.5 MSF of office, 12.2 MSF of industrial space, 5,470 multifamily units, and a daytime population exceeding 98,000. Northside Hospital Gwinnett, with approximately 350 beds, and numerous medical users contribute to the surrounding commercial concentration.
Key Highlights
- 10,540‑square‑foot bank facility on 1.68 acres
- Absolute NNN lease with ±8 years remaining in the primary term
- 1.5% annual rent escalations during the remainder of the primary term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,431
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Operating bank facility leased to Truist with annual rent escalations and a remaining primary term.
Where is this nnn property located?
The property is located at 701 Duluth Hwy Lawrenceville, GA.
What are key features of this property?
This property features: 10,540‑square‑foot bank facility on 1.68 acres; Absolute NNN lease with ±8 years remaining in the primary term; 1.5% annual rent escalations during the remainder of the primary term
