Lawrenceville Retail for Sale - Lawrenceville/Lilburn
The subject property is a newly constructed Starbucks drive-thru located in Lawrenceville (Atlanta), GA. The brand-new 10-year lease is corporately guaranteed by Starbucks Corporation (NASDAQ: SBUX) and includes structured rental increases every 5 years throughout the primary term and option periods. Located directly across the street from Lawrenceville Municipal Court in downtown Lawrenceville, this Starbucks sits at a prominent hard-corner location with excellent visibility and access. Traffic counts exceed 23,000 vehicles per day on S Clayton and 4,000 vehicles per day on Nash, driving consistent customer flow. The surrounding Lawrenceville trade area is dense and affluent, with 198,000 residents in 5-miles and average household income exceeding $100,000.
The local economy is supported by major employers including Gwinnett County Government, Northside Hospital Gwinnett, Gwinnett County Public Schools, and Georgia Gwinnett College. Other national and regional retailers in the immediate area include Walmart, Target, Kohl’s, Publix, Kroger, Ross, Marshalls, PetSmart, Hobby Lobby, LA Fitness, AMC Theatres, CVS Pharmacy, Walgreens, McDonald’s, Burger King, Taco Bell, KFC, Dunkin’, Zaxby’s, Wendy’s, Sonic, Arby’s, Panera Bread, Chili’s, Applebee’s, BurgerFi, RaceTrac, and QuikTrip. Additional service-oriented tenants such as Truist Bank, Wells Fargo, Verizon, Boost Mobile, Sherwin-Williams, National Vision, and Express Oil Change further strengthen the retail mix. Local destinations including Local Republic, Aurora Theatre, Biscuits N Brunch, Eco Appliance Repair, Pine Valley Mobile Home Park, Gwinnett County Public Schools Service Center, Boys & Girls Clubs of Metro Atlanta, and Georgia MV Express Tag Kiosk also contribute to consistent traffic, reinforcing a strong and vibrant retail trade area.
