Duluth Hwy Lawrenceville, GA 30043
- Commercial real estate
- 1,500 SF
Current Use by Public Records
- Commercial real estate
Property Details for 0 Duluth Hwy
- Property size
- 1,500 SF
- Property type
- Commercial real estate
Description
This thriving smoke shop, priced at $145,000, presents a unique investment opportunity. Located in a high-visibility area with ample parking and surrounded by complementary businesses, this 1,500 square foot Class C property boasts a strong customer base. The business includes an extensive inventory of high-quality smoking accessories valued between $70,000 and $80,000 (a final inventory will be conducted 24 hours before closing). The build-out cost was $28,500 in materials plus approximately $7,500 in labor. A current lease is in place with 4.5 years remaining, plus a 5-year renewal option, at a monthly rate of $2,500 plus CAM fees. While specific financial details are not available due to brand name restrictions, the business's prime location and established customer base suggest significant growth potential. This is an open and operating business; please respect operations and employees during any visits. A non-disclosure agreement (NDA) and proof of funds (POF) are required to receive the location information and due diligence materials. All details are approximate and subject to verification.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0468
- Latitude
- 33.9707