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3993 Lawrenceville Highway NW - Gwinnett Medical I, Lilburn, GA

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DetailMap
3993 Lawrenceville Highway NW - Gwinnett Medical I

Lilburn, GA 30047-2897 - Lawrenceville/Lilburn Submarket

(873.7 KB)

Property Type:Office Sub Type:Medical Status:Existing Year Built:1979
Stories:1 Typical Floor:14,000 SF Building Size:14,000 SF
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:891 SF Largest Space:2,029 SF Total Space Avail:6,067 SF Rent/SF/Yr:
$12.00
Portfolio:This property is for sale (for $1,800,000) as part of a portfolio of 2 properties. Parking:Free Surface spaces are available; Covered spaces; Ratio of 5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,551 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
 1st
2,029 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
 1st
891 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
 1st
1,596 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
 
1798235
5493113
1166845
5493117


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,551 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
1st
2,029 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
1st
891 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
1st
1,596 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Medical
Two medical office buildings totaling approximately
25,349 sq ft on a prime 3.24 acre C-2 zoned site on high exposure Lawrenceville Hwy. All tenants are medical tenants.

Lawrenceville Hwy Retail Redevelopment Opportunity

Located at 3993-3997 Lawrenceville Hwy, Lilburn, GA
30047 these 2 office buildings have excellent road frontage in a very busy retail area and there is a fantastic redevelopment opportunity into retail use.


The buildings are in a very busy retail area. The daily car count of traffic going past the buildings is 49,200! The amount of road frontage is 240 feet. The buildings are DIRECTLY across the street from The Home Depot and a Wal-Mart Super center. Other nearby businesses in the same retail stretch along Lawrenceville Hwy include Kroger, Starbucks, Waffle House, Bank of America, Arby’s, Subway, Dunkin’
Donuts, Baskin Robbins, AutoZone, Liberty Tax Service, McDonald’s, and T-Mobile among others.

The highest and best use for an investor/buyer would be redevelopment into retail. One of the office buildings has road frontage while the other does not.
An investor/buyer may want to tear down / redevelop both buildings into retail OR move all office tenants in the front building into the back building and tear down / redevelop the front building only for retail usage. The seller will arrange tenants prior to the closing according to the buyer’s redevelopment plans.

Built in 1979 and in a prime location on a 3.24 acre lot (zoned C-2) these 2 nearly identical buildings are a total of 24,368 square feet in size, have 11 units, and are currently 78% occupied by medical tenants only.


The Miller Group, LLP
Robert A Miller
(770) 451-4455 x1106

  
RG Real Estate
Ryan Goldstein
(770) 393-2006 x1

Jay Hammond
(770) 393-2006


The Miller Group, LLP
Robert A Miller
(770) 451-4455 x1106



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