1860 Duluth Hwy Lawrenceville, GA 30043-5011
Property profile & analytics
1860 Duluth Hwy Lawrenceville, GA 30043-5011
- Individual retail properties
- 38,016 SF
- 7.32 lot acres
Property ID
US22-1267347
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- B Aesthetics / Hair Salon / Nail Salon
- The Joint Chiropractic / Alternative Medicine Practice
- athletes nutrition / Pharmacy / (Bike/Boat/Book/etc) Store
- Sugarloaf Marketplace / Shopping Center & Mall
- Kellie Smith Smith-Castro / Dental Office
Property Details for 1860 Duluth Hwy
- Year built
- 2003
- Lot size
- 7.32 lot acres
- Property size
- 38,016 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Individual retail properties
- APN
- 7-081 -028
- APU
- 7081028
Description
This exceptional investment opportunity presents a fee-simple ownership of a 41,000 square foot LA Fitness located in Lawrenceville, Georgia. The property boasts a strong 100% occupancy rate with a corporate-guaranteed, Net Lease (NN+) agreement extending until August 31, 2040, with two five-year renewal options. The tenant, LA Fitness, is the #1 busiest location in Georgia and operates under the parent company, Fitness International, LLC, a leading health club operator in North America. The property sits on a 4.9-acre lot and benefits from a 6.25% cap rate and a substantial NOI of $648,000. Built in 2003 and renovated in 2018, this single-tenant building is strategically positioned within Sugarloaf Marketplace, a shopping center with high daily traffic exceeding 30,000 vehicles. The property enjoys excellent visibility and accessibility, situated near Interstate 85 and surrounded by a dense population of over 250,000 residents within a five-mile radius, including affluent communities with average household incomes exceeding $120,000. Rent increases are structured as the lesser of a 5-year CPI increase or 10% every five years, ensuring consistent income growth. The property's proximity to Sugarloaf Mills Regional Mall, numerous luxury apartment complexes, and Hartsfield-Jackson Atlanta International Airport further enhances its value and investment potential. The asking price is $10,368,000. This is a rare opportunity to acquire a high-performing, passively managed asset with significant long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
- Use
- Estimation
- GYM, HEALTH SPA
- $980,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0773
- Latitude
- 33.9753
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$128,643
$1,141,920
$3,711,520
$4,853,440
-
$2,854,800
$9,278,800
$12,133,600
