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555 Progress Center Ave 6,400 SF Retail Building Lawrenceville, GA 30043 $2,000,000 ($312.50/SF) 6% Cap Rate
Executive Summary
Total 1.44 Acres Flat Lot and 6,400 SF (included patio) Stand Alone Restaurant Building. Current Owner is Running Seafood Restaurant Business. Buyer Can Purchase Real Estate Property Only or Property and Business Together. There is Approximately 1 Acre of Buildable Flat Lot in Front of the Building. Buyer Can Purchase it for $400,000.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,400 SF
Building Class
B
Year Built
1998
Price
$2,000,000
Price Per SF
$312.50
Cap Rate
6%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.44 AC
Zoning
C2 - Commercial
Parking
62 Spaces (13.44 Spaces per 1,000 SF Leased)
Frontage
284’ on Hurricane Shoals Rd
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 5-208-036 | Improvements Assessment | $373,960 |
| Land Assessment | $225,680 | Total Assessment | $599,640 |
Property Taxes
Parcel Number
5-208-036
Land Assessment
$225,680
Improvements Assessment
$373,960
Total Assessment
$599,640
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Presented by
Focus Realty
555 Progress Center Ave
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