620 Indian Trl Lilburn NW Rd, Lilburn, GA 30047
- Commercial real estate
- 7,778 SF
- 2.85 lot acres
Current Use by Public Records
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 620 Indian Trl Lilburn NW Rd
- Year built
- 2017
- Lot size
- 2.85 lot acres
- Zone code
- M1-LIGHT INDUSTRY
- Property type
- Commercial real estate
- APN
- 6-160 -008
- APU
- 6160008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 15, 2025 | $1,875,523 | Alaya Property LLC | 620 Indian Trail LLC | Warranty Deed | — |
| Mar 21, 2018 | $1,900,000 | 620 Inidian Trail LLC | Sw Lilburn LLC | Grant Deed | — |
| Sep 22, 2017 | $192,500 | Sw Lilburn LLC | Bill Henslee Lllp | Grant Deed | — |
| May 1, 2012 | $160,000 | Skyway Towers LLC | Bill Henslee Lllp | Warranty Deed | — |
Description
This exceptional investment opportunity presents a fee-simple, 2.85-acre retail property in Lilburn, Georgia, housing a Dollar General, Dollar Tree, Family Dollar, and Dollar Store. The property boasts a 100% occupancy rate with a strong, credit-rated corporate guarantee from Dollar General, a Fortune 500 company. The absolute NNN lease, expiring March 31, 2033, has approximately 8.8 years remaining, with five 5-year renewal options, each including a 10% rent increase. Built in 2018, this premium all-brick construction features a 6.00% cap rate and a net operating income (NOI) of $116,124. The property enjoys a prime location in a dense retail corridor, just 20 miles northeast of downtown Atlanta, benefiting from high traffic counts (over 25,000 vehicles daily) and strong demographics, including over 92,934 residents within a 5-mile radius and an average household income exceeding $100,818. Surrounding national tenants include Chick-fil-A, Advance Auto Parts, PNC Bank, and more. This is a rare opportunity to acquire a stable, high-performing retail investment with significant long-term growth potential. The property's address is 620 Indian Trail Lilburn Rd NW, Lilburn, GA 30047.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,575,000
- 6.5%
- $1,455,000
- 7%
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,433,000
- AI Estimate
- $1,603,000
Market price range: $1.14M - $2.43MMarket price range: $586k - $1.62M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,740,000 Current use
- MEDICAL BUILDING
- $2,490,000 Change: +43% Conversion: Easy
- RETAIL STORES
- $2,100,000 Change: +21% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,050,000 Change: +18% Conversion: Difficult
- OFFICE BUILDING
- $1,900,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1456
- Latitude
- 33.9011
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
