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High-Visibility Retail Strip Center
For Sale
$1,875,000

150 Pearl Dr, Lafayette, GA 30728

Retail strip center with income potential in a growing market.

Property Size20,000 SF
Lot Size3.00 Acres
Price / SF$93.75
Days on Market196

Property Features for 150 Pearl Dr

General Information

Standard status Active
Size 20,000 SF
Lot size 3.00 Acres

Building Details

Year Built 2007
Listing Agency: Crye-Leike, Realtors
Listed By: Erik Palmer · License #375234
Source: Broadandmainrealestate
Added: Mar 26 Changed: Sep 30 Last Checked: Oct 5 at 7:38PM

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 Crye-Leike, Realtors

Investment Insights

Based on property information with market context.

This commercial retail strip center is located on 3 level acres with ample paved parking, situated off Highway 27 adjacent to the Walmart Supercenter in Lafayette, GA. The property offers a mix of unit sizes, including one 3,000± SF restaurant space (currently The Best Grill, formerly Rafael’s), two 5,000± SF flex spaces suitable for retail, office, gym, warehouse, or service use, and one 7,000± SF end-cap unit with the option to subdivide. Three spaces are available for immediate occupancy. The corner unit is leased on a new 5-year term to a restaurant that opened in January 2025. Positioned within a high-traffic retail corridor surrounded by Walmart, national chains, and dining options, the property has visibility and access. A new residential subdivision with over 200 homes is under development directly behind the center. The property has multiple income streams with expansion and lease-up potential.

Key Highlights

  • High‑visibility location off Highway 27, adjacent to Walmart Supercenter.
  • Strong income potential with multiple income streams and lease‑up opportunities.
  • Versatile mix of unit sizes suitable for retail, office, gym, warehouse, or service use.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Garden Center Bakery Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30728, GA

18,763
Population
8,225
Households
2.3
Avg Household Size
42
Median Age
12%
College-Educated
84%
High-School Grad
173.4 sq mi
ZIP Area
108
Density / Sq Mi
$49,388
Median Household Income
$33,366
Median Earnings
$820
Median Rent
$133,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail strip center with income potential in a growing market.
Where is this shopping center located?
The property is located at 150 Pearl Dr Lafayette, GA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: High‑visibility location off Highway 27, adjacent to Walmart Supercenter.; Strong income potential with multiple income streams and lease‑up opportunities.; Versatile mix of unit sizes suitable for retail, office, gym, warehouse, or service use.
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