NNN-Leased Medical
876 Legacy Park Drive, Lawrenceville, GA 30043
For Sale
New
$5,150,000
A newly executed lease runs for 12 years and includes two renewal options.
Property Size9,300 SF
Days on Market4
Property Features for 876 Legacy Park Drive
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Kyle Fant · License #10401281546
(973) 632-1386
Source:
Srsre
Added: Nov 6
Last Checked: Nov 8 at 2:09AM
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 SRS Real Estate Partners - Global Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this NNN property is leased to Surgical Center Solutions LLC, an affiliate of Summit Spine & Joint Centers. The lease has a 12-year primary term, two five-year renewal options, and annual rent increases of 3%. The tenant operates ambulatory surgery centers and clinics across several southeastern states, according to the provided property information.
The property is zoned General Business District (C2).
The property is zoned General Business District (C2).
Key Highlights
- 12‑year primary lease term with two five‑year renewal options
- Annual rent increases of 3% during the primary term
- Leased to Surgical Center Solutions LLC, an affiliate of Summit Spine & Joint Centers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,945
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,238,900
$3.2M
Cap Rate 7%
$2,313,500
$2.3M
Cap Rate 9%
$1,799,389
$1.8M
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$288.7K $31.04/SF
− Vacancy
−$72.7K −$7.82/SF
EGI
$215.9K $23.22/SF
− OpEx
−$54.0K −$5.80/SF
NOI
$161.9K $17.41/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$31.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,238,900
Cap Rate 7%
$2,313,500
Cap Rate 9%
$1,799,389
Alternative Uses
Best Use
Office B
$2.31M
$2.02M – $2.70M
NOI $161,945 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M
NOI $181,979 @ 7.0% cap · market cap 3.53%
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
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,849
Businesses Nearby
Explore this area
Business Placement
Demographics for 30043, GA
88,453
Population
30,251
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
2,672
Density / Sq Mi
$91,299
Median Household Income
$44,207
Median Earnings
$1,787
Median Rent
$344,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
NNN property - A newly executed lease runs for 12 years and includes two renewal options.
Where is this nnn property located?
The property is located at 876 Legacy Park Drive Lawrenceville, GA.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 12‑year primary lease term with two five‑year renewal options; Annual rent increases of 3% during the primary term; Leased to Surgical Center Solutions LLC, an affiliate of Summit Spine & Joint Centers
