Retail Space - For Sale
655 Duluth Highway Lawrenceville, GA 30046
Details & Description
Price: $3,273,732
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 1.150
  • Building Sq Ft 4,025
  • Building Price per Sq Ft $813.35
  • Land Sq Ft 50,093
  • Land Price per Sq Ft $65.35
  • NOI $207,882
  • CAP Rate % 6.35
Brisky Net Lease is pleased to offer this Applebee's in the Atlanta suburb of Lawrenceville, GA, which is part of the Atlanta MSA. This NNN Lease has zero landlord responsibilities, 8+ years of term remaining. Investors will appreciate the opportunity to invest in a popular, highly recognizable national restaurant chain. This Applebee's has terrific visibility and great underlying real estate. Appreciate being inside of Lawrenceville's primary retail corridor and adjacent to a large medical campus for Northside Hospital Gwinnett. This 388-bed hospital includes the Strickland Heart Center’s cardiovascular specialties, the Gwinnett Women's Pavilion, cancer genetic testing, and has more than 5,100 employees.Lawrenceville is conveniently located just 30 miles northeast of downtown Atlanta. This bedroom community has consistently had strong population growth with a current population over 30,000. The county seat of Gwinnett County, which is the fastest growing county in Georgia and one of the fastest growing counties in the U.S. The city is considered one of the best places to live in Georgia and is known for its suburban feel and many parks.As one of the world’s largest casual dining brands, Applebee’s Neighborhood Grill + Bar serves as America’s kitchen table. Founded in 1980, Applebee’s franchise operations consisted of 1,670 Applebee’s restaurants in the United States, two U.S. territories and 11 countries outside the United States as of September 30, 2022.Broker of Record: Bang Realty-Georgia, Inc | Brian Brockman GA #378952
Property Highlights
Additional Photos
Listing Agents
Brian Brisky

O: 612-413-4200
M: 715-529-4441
info@brisky.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

655 Duluth Highway

Lawrenceville, GA 30046

Listing ID: 300351
$3,273,732
For Sale
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 1.150
  • Building Sq Ft 4,025
  • Building Price per Sq Ft $813.35
  • Land Sq Ft 50,093
  • Land Price per Sq Ft $65.35
  • NOI $207,882
  • CAP Rate % 6.35
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Property Highlights
 Adjacent to the Large Medical Campus for Northside Hospital Gwinnett
 Absolute NNN Lease with Zero Landlord Responsibilities
 Part of the Atlanta MSA - 30 Miles Northeast
 Large Applebee's Franchisee with 112 Units
 Great Corner Location, Visibility & Signage
 Great Market with Strong Demographics
 Located within a Larger Retail Area
 Long Term Established Tenant
Description

Brisky Net Lease is pleased to offer this Applebee's in the Atlanta suburb of Lawrenceville, GA, which is part of the Atlanta MSA. This NNN Lease has zero landlord responsibilities, 8+ years of term remaining. Investors will appreciate the opportunity to invest in a popular, highly recognizable national restaurant chain. This Applebee's has terrific visibility and great underlying real estate. Appreciate being inside of Lawrenceville's primary retail corridor and adjacent to a large medical campus for Northside Hospital Gwinnett. This 388-bed hospital includes the Strickland Heart Center’s cardiovascular specialties, the Gwinnett Women's Pavilion, cancer genetic testing, and has more than 5,100 employees.

Lawrenceville is conveniently located just 30 miles northeast of downtown Atlanta. This bedroom community has consistently had strong population growth with a current population over 30,000. The county seat of Gwinnett County, which is the fastest growing county in Georgia and one of the fastest growing counties in the U.S. The city is considered one of the best places to live in Georgia and is known for its suburban feel and many parks.

As one of the world’s largest casual dining brands, Applebee’s Neighborhood Grill + Bar serves as America’s kitchen table. Founded in 1980, Applebee’s franchise operations consisted of 1,670 Applebee’s restaurants in the United States, two U.S. territories and 11 countries outside the United States as of September 30, 2022.

Broker of Record: Bang Realty-Georgia, Inc | Brian Brockman GA #378952

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Lawrenceville Area Market Trends

Listing Demographics for 655 Duluth Highway Lawrenceville, GA 30046

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population8,98778,104213,900
Population Median Age333535
Population by Age0-9 Yrs1478 (16%)10851 (13%)29816 (13%)
10-19 Yrs980 (10%)11767 (15%)34768 (16%)
20-29 Yrs2022 (22%)11950 (15%)29464 (13%)
30-39 Yrs1383 (15%)11335 (14%)30205 (14%)
40-49 Yrs1016 (11%)10939 (14%)31075 (14%)
50-59 Yrs1120 (12%)10411 (13%)27311 (12%)
60-69 Yrs482 (5%)6132 (7%)18868 (8%)
70+ Yrs506 (5%)4720 (6%)12393 (5%)
Median HH Income$45,010$63,007$73,278
Total Household Income< 24K530 (16%)4293 (17%)8508 (12%)
25-49K1289 (39%)5767 (22%)13356 (20%)
50-74K509 (15%)4691 (18%)12227 (18%)
75-99K408 (12%)3866 (15%)10217 (15%)
100-199K500 (15%)5434 (21%)17876 (26%)
200K+53 (1%)1135 (4%)4339 (6%)
Highest Education LevelNo Diploma736700416536
Diploma or GED15261177331508
Some College12381021426477
Assoc. Degree560500513079
Bachelors Degree11451031130702
Higher Degree338456715870
Total Housing Units3,50126,14269,026
--Owner-Occupied65514,82446,038
--Renter-Occupied2,63510,36320,485
Owner-Occupied Values< 100K486831897
100-199K328589615684
200-299K206607418729
300-399K5216316632
400-499K32051713
500K+183341383
Total Working Age Population6,95260,153162,515
In Work Force4,93040,418109,427
Not In Work Force2,02219,73553,087
Workforce Employed4,57838,137104,218
Workforce Unemployed3512,2815,117
Civlian Workforce4,93040,417109,335
Military Workforce0192
Total Households3,29025,18766,524
Family Households2,00918,06951,081
Non-Family Households1,2817,11815,443
Married Couple1,15012,43536,876
Other Family8595,63414,205
Married w/Child5635,90217,562
Single Male w/Child1105632,017
Single Female w/Child4842,7866,195

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Georgia8,186,453+189,687,653+1210,833,472+1312,292,423
Gwinnett County588,448+37805,321+21971,145+211,175,358

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
485 Buford Drive, Lawrenceville, GA $1,800,000 18250 1.28
2003 New Hope Road, Lawrenceville, GA CALL 1165 0.55
479 Buford Highway, Suwanee, GA $2,000,000 1784 2.1
2229 Scenic Highway South, Snellville, GA CALL 3600 0.45
2598 Main Street West, Snellville, GA $550,000 3324 0.79
2166 Highpoint Road, Snellville, GA $2,490,000 6714 1.45
2166 Highpoint Road, Snellville, GA $2,490,000 6714 1.45
3165 Buford Highway, Duluth, GA $99,000 6200 -
3293 Stone Mountain Hwy, Snellville, GA $2,000,000 14200 3.6
3709 Buford Highway, Duluth, GA $595,000 1290 0.66
Closest Commercial Airports
Airport Distance (mi)
Hartsfield Jackson Atlanta International Airport (ATL) 33
Chattanooga Metropolitan Airport (Lovell Field) (CHA) 100
Greenville Spartanburg International Airport (GSP) 121
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