150 Pearl Dr - Restaurant FOR SALE


LaFayette, GA 30728
$1,899,000 USD
706-944-3745
150 Pearl Dr, LaFayette, GA for Sale
$1,899,000 USD
Restaurant - FOR SALE
1/51
null | Request Cap Rate

150 Pearl Dr
LaFayette, GA 30728


HIGHLIGHTS

  • Beside Walmart Super Center on a Major Rd

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pearlcrest Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

Commercial

APN/PARCEL ID

10034-006

ASK ABOUT THIS PROPERTY

Erik PalmerCrye-LeikeMore Info
706-944-3745

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Erik PalmerCrye-LeikeMore Info
706-944-3745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.