$550,000
$649,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
3597 Lawrenceville HWY Tucker, GA 30084
3,940 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,940 sqft
Price per Sqft $139
Subdivision No Subdivision
MLS Listing ID 10787878
Sold Date 09/15/26
HOA Y/N No
Year Built 1973
Annual Tax Amount $7,857
Tax Year 25
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 23522.4
Property Sub-Type Commercial
Source Georgia MLS 2
Property Description
Coldwell Banker Commercial Metro Brokers is pleased to present 3597 Lawrenceville Highway, a fully leased single-tenant investment property located along one of DeKalb County's most heavily traveled commercial corridors. Offered at $699,000, the property provides investors with immediate cash flow, built-in rental growth, and long-term redevelopment potential in a growing Metro Atlanta submarket. The property is 100% occupied by God Is Good Assembly Ministries Corporation under a lease extending through June 30, 2030. Current annual rental income is $55,620 with scheduled 3% annual rent increases, providing predictable income growth and an attractive hedge against inflation. At the asking price of $699,000, the property is offered at an approximate 7.96% cap rate based on current income, with the cap rate increasing as contractual rent escalations take effect. Situated on approximately 0.54 acres with direct frontage along Lawrenceville Highway, the property features a well-maintained 3,940-square-foot freestanding building, ample paved parking, and a fully fenced site. The tenant is responsible for most operating expenses, including utilities, interior maintenance, HVAC maintenance, insurance, and routine upkeep, minimizing landlord responsibilities and creating a favorable investment structure. Investors will benefit from stable in-place income, annual rent growth, and the property's strategic location near I-285, Highway 78, Downtown Tucker, Decatur, and Stone Mountain. In addition to its current income stream, the property offers future value through potential owner-user occupancy, tenant renewal or redevelopment opportunities upon lease expiration. This offering presents a rare opportunity to acquire a stabilized income-producing asset with dependable cash flow, contractual rent growth, and long-term upside in one of Metro Atlanta's established commercial corridors.
Location
State GA
County Dekalb
Zoning Local Commercial District
Rooms
Bedroom Description No
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description Level
Faces GPS
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Tax ID 18 188 04 017
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Updated/Remodeled
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