***$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)
- 511
- 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
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Provided By
Listed by Erik Palmer (#EP9097)
Listing Office: Crye-Leike, Realtors (#CRYE02)
