Former Bank Branch (Lilburn)
Closed4014 Lawrenceville Hwy, Lilburn, GA 30047
Property type
Retail
Unit / Space count
1
Price
$1,000,000
Building size
3,591 sf
Rentable area
3,591 SF
Year built
2007
Year renovated
Occupancy
Zoning code
Lot size
1.16 Acres
Sold/status
Sold · Date unknown
Sale price
$1000000
Price per Unit
$1,000,000
Price per SF
$278.47
Property description
The subject property consists of an 3,591 square foot former bank building on 1.16 acres of land located off busy Lawrenceville Hwy (43,700 VPD) in Lilburn, GA. Built in 2007, the building is an attractive one-story, masonry brick construction and has a covered three-lane drive thru. The property benefits from being located at a signalized intersection on an outparcel pad anchored by a Walmart Supercenter and Home Depot. The site is immediately surrounded by dense big-box retailers, daily needs shopping centers and an abundance of restaurants and entertainment options as well as a plethora of academically high performing schools, massive suburban residential communities and numerous mega churches. Lilburn's central location makes it the perfect transitional (and only) retail/business corridor within a 6- to 7-mile radius until you start entering neighboring cities such as Snellville, Duluth, Tucker, Lawrenceville, Norcross, Doraville, Suwanee, Stone Mountain, Loganville, Peachtree Corners and Buford that also offer their own retail, entertainment and business options. The sale of this asset represents a perfect opportunity for an investor (or end-user) to tap into a stabilized trade area located in Gwinnett County (Georgia's second largest county) and reposition/redevelop the property to fit their investment goals.