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High-Visibility Retail Strip Center
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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$97.50
Days on Market1558

Property Features for 150 Pearl Dr

General Information

Standard status Active
Size 20,000 SF
Total Parking Spaces 50
Lot size 3.00 Acres
Property subtype Mixed Use, Office, Retail
Zoning B-2

Building Details

Year Built 2007
Year Renovated 2007
Buildings 1
Stories 1
Units 4
Listing Agency: Crye-Leike, REALTORS
Listed By: Shirley Moore · License #238684
Source: Crexi
Added: May 18, 2022 Changed: Aug 14 Last Checked: Aug 22 at 1:43PM

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

Current Use

Shopping centers

Suggested Use

Top Pick Garden Center

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

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 $1,950,000.
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.
(706) 537-1300 Call to check price and availability
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