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Pearlcrest Shopping Center 150 Pearl Dr 20,000 SF Retail Building LaFayette, GA 30728 $1,899,000 ($94.95/SF)

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INVESTMENT HIGHLIGHTS

  • Beside Walmart Super Center on a Major Rd

EXECUTIVE SUMMARY

Prime Investment Opportunity – Retail Strip Center in Lafayette, GA!
Don’t miss this phenomenal opportunity to own a high-visibility commercial strip center on 3 level acres with ample parking—strategically located just off Hwy 27 beside the Walmart Supercenter in Lafayette, GA.
Now priced under $2M, this property offers exceptional versatility and strong growth potential in a rapidly developing area!
The center features:
(1) 3,000 SF restaurant space (currently The Best Grill, formerly Rafael’s)
(2) 5,000 SF flex spaces
(1) 7,000 SF end unit (could be subdivided)
There are three spaces available for immediate occupancy, ideal for retail, office, gym, storage/warehouse, or restaurant use. The corner unit is already leased on a new 5-year agreement to a thriving restaurant that opened in January 2025, providing instant rental income for the next owner.
Located in a high-traffic retail corridor with Walmart, fast food, and national chains nearby, this property benefits from consistent visibility and consumer activity. Growth in the area continues with a new 200+ home subdivision currently under development directly behind the center—driving future demand and long-term value.
Key Highlights:
3-acre level commercial parcel with ample paved parking
Multiple income streams with room for expansion
Excellent visibility and easy access off Hwy 27
Surrounded by established national and local retailers
New residential growth fueling future tenant demand
Whether you’re an investor seeking stable income or an owner-user looking to occupy part of the space, this property offers endless potential!
Contact the listing agents today for additional details or to inquire about leasing one of the remaining 3 spaces!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,000 SF
Building Class
B
Year Built
2006
Price
$1,899,000
Price Per SF
$94.95
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.18 AC
Zoning
Commercial - C-1 COMMERCIAL
Parking
50 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
126’ on Pearl

AMENITIES

  • Signalized Intersection

NEARBY MAJOR RETAILERS

Waffle House
Krystal
Workout Anytime

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10034-006
Land Assessment
$158,080
Improvements Assessment
$228,075
Total Assessment
$386,155
  • Listing ID: 24975914

  • Date on Market: 2/3/2022

  • Last Updated:

  • Address: 150 Pearl Dr, LaFayette, GA 30728

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