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
1/54
null | Request Cap Rate

150 Pearl Dr
LaFayette, GA 30728


HIGHLIGHTS

  • Beside Walmart Super Center on a Major Rd

OVERVIEW

***$50k Price Improvement*** Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center – Lafayette, GA (Walmart Shopping Plaza) SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: 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

$1,899,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walmart Shadow Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Medical, Health Club

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.