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Deborah Weiner

deborahweiner@northatlantahometeam.com +1(678) 628-8865

$ 699,000

Est. payment | -/mo

3,940 SqFt

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$ 699,000

Est. payment | -/mo

Save

3,940 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status New

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $177

Subdivision No Subdivision

MLS Listing ID 10787878

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

Nearby Locations

Deborah Weiner

Realtor-Owner

+1(678) 628-8865 | deborahweiner@northatlantahometeam.com

3597 Lawrenceville HWY Tucker, GA 30084

Deborah Weiner

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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3597 Lawrenceville HWY