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Pearlcrest Shopping Center 150 Pearl Dr 20,000 SF Retail Building LaFayette, GA 30728 $2,500,000 ($125/SF)

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INVESTMENT HIGHLIGHTS

  • Beside Walmart Super Center on a Major Rd

EXECUTIVE SUMMARY

Prime Investment Opportunity | High-Visibility Retail Strip Center – Lafayette, GA
Discover an exceptional opportunity to own a well-positioned commercial retail strip center on 3 level acres with ample paved parking, ideally located just off Highway 27 adjacent to the Walmart Supercenter in Lafayette, GA. Offered at $2.5 million, this property delivers strong income potential, flexibility, and long-term upside in a rapidly growing market.
The center offers a versatile 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
One 7,000± SF end-cap unit with the option to subdivide
Three spaces are available for immediate occupancy, providing value-add potential for investors or ideal configurations for an owner-user. The prominent corner unit is leased on a new 5-year term to a thriving restaurant that opened in January 2025, delivering instant and reliable income.
Positioned within a high-traffic retail corridor surrounded by Walmart, national chains, and popular dining options, the property enjoys excellent visibility, easy access, and consistent consumer activity. Adding to its appeal, a new 200+ home residential subdivision is currently under development directly behind the center, further strengthening future tenant demand and long-term appreciation.
Property Highlights:
Level 3-acre commercial site with generous parking
Multiple income streams with expansion and lease-up potential
Strong visibility and access from Hwy 27
Surrounded by established national and local retailers
New residential growth driving increased traffic and demand
Whether you’re seeking a stabilized investment with upside or a strategic owner-user opportunity, this retail center offers outstanding potential.
Contact the listing agents today to schedule a tour or to inquire about leasing one of the remaining 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
$2,500,000
Price Per SF
$125
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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