150 Pearl Dr - Restaurant FOR SALE


LaFayette, GA 30728
$1,950,000 USD
706-944-3745
150 Pearl Dr, LaFayette, GA for Sale
$1,950,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

150 Pearl Dr
LaFayette, GA 30728


HIGHLIGHTS

  • Beside Walmart Super Center on a Major Rd

OVERVIEW

Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center – Lafayette, GA SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: $1,950,000 + PLUS HUGE BUYER INCENTIVE!!! THE SELLER IS OFFERING THE BUYER A $50k CONCESSION CREDITAT CLOSING IF UNDER CONTRACT BEFORE THE 4TH OF JULY 2026 (CLOSING COSTS AND/OR RENOVATIONS AFTER CLOSING) .? SCHEDULE YOUR PRIVATE TOUR SOON SO YOU DO NOT MISS THIS PURCHASE PERK.?. ?.? ***LEASING OPTIONS ALSO AVAILABLE*** 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 UNDER $2 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.?

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$98 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.