Sold
Address
3597 Lawrenceville Highway, Tucker, GA
Price
$ 550,000
Property Attributes
  • MLS#10787878
  • TypeCommercial
  • Listing Status Sold
  • CountyDeKalb
  • CityTucker
  • Zip30084
  • Style
  • Year Built1973
  • Taxes$ 7857
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3940
  • Lot Size0.54 Acres
Data Source:
Georgia MLS (GAMLS)
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.

Price History
6/17/2026 Listed $699,000
8/4/2026 7$649,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,High Speed Internet,Phone Available,Sewer Available,Water Available
Construction Materials Other
Year Built 1973
Property Subtype Commercial
Tax Year 25
Business Type Church
County DeKalb
New Construction false
Property Type Commercial Sale
Attached Garage false
Garage Y/N false
Close Price 550000
Status Sold
Buyer Financing Seller Financing
Directions GPS
City Tucker
Lot Size Units Square Feet
Lot Size Square Feet 23522.4
Carport Y/N false
Tax Annual Amount 7857.34
Property Condition Updated/Remodeled
Concessions No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Closed

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Public Records
Above Grade Finished Area Unit Type Square Feet

Exterior Features

Parking Features Parking Lot
Lot Features Level
Water Source Public
Lot Size Area 23522.4
Number of Buildings 1
Building Area Total 3940
Lot Size Acres 0.54
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 30084

Price
AVG $820K
$550K
Taxes
AVG $7,740
$7,857
Year Built
AVG 1966
1973