***$50k Price Improvement*** Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center - Lafayette, GA. 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.
Property Details
- Cooling
- Central Air
- Heating
- Central
- Cooling Features
- Central Air
- Lot Features
- Business Park,Level
- Lot Description
- Business Park,Level
- Acres
- 3.04
- Parking Features
- Parking Lot, Paved
- Parking
- Parking Lot,Paved
- Parking Spaces
- 100
- Property Type
- Purchase
- Year Built
- 2007
- Roof
- Metal
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Water Available
- Subdivision
- Annie Shahan Property (Walmart Plaza)
- County
- Walker
- Region
- Lafayette
- Zoning
- Commercial
- Original List Price
- $1,999,000
- Days on Market (Cumulative)
- 506
- Taxes Annual
- $8,583
- MLS #
- 10506561
- Property Subtype
- Mixed Use,Office,Other,Retail,Warehouse
- Parcel Number
- 10034 006
- MLS #
- 10506561
- Structure Type
- Mixed Use,Office,Other,Retail,Warehouse
- Property Condition
- Resale
- Date Listed
- April 23, 2025
- Address
- 150 Pearl DR
Location
Legal
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.
Provided By
Listed by Erik Palmer (#EP9097)
Listing Office: Crye-Leike, Realtors (#CRYE02)
