RI Marketplace Online Auction March 4-6, 2024
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Marcus & Millichap and RI Marketplace are pleased to present a 2.23-AC parcel located at 745 Scenic Highway (the Property) in Lawrenceville, Georgia just outside Atlanta. The Property offers an exceptional development opportunity in a growing, robust trade area and first bid meets reserve.
The Property is vacant land and consists of a single parcel totaling 2.23 acres. The Property is immediately adjacent to a retail plaza including Dunkin, Pep Boys, and a multi-tenant retail building. The Property has almost 400 of frontage on Scenic Highway, benefitting from access and visibility to traffic counts of 22,000 vehicles per day. Retail demand generators in the area include Publix, Lidl Grocery, Hobby Lobby, Sprouts Farmers Market, H&M, Sephora, Zaxbys, Wendys, Dunkin, Pep Boys, Crunch Fitness, Extra Space Storag...
The Property is vacant land and consists of a single parcel totaling 2.23 acres. The Property is immediately adjacent to a retail plaza including Dunkin, Pep Boys, and a multi-tenant retail building. The Property has almost 400 of frontage on Scenic Highway, benefitting from access and visibility to traffic counts of 22,000 vehicles per day. Retail demand generators in the area include Publix, Lidl Grocery, Hobby Lobby, Sprouts Farmers Market, H&M, Sephora, Zaxbys, Wendys, Dunkin, Pep Boys, Crunch Fitness, Extra Space Storage, numerous restaurants, and more. The Property is zoned General Business, C-2, which allows for many commercial uses including restaurant, retail, office, and self-storage (special use).
Lawrenceville is a city in Gwinnett County, Georgia which enjoys a prime position in the bustling Atlanta metropolitan area, offering excellent accessibility to major transportation corridors, including Interstate 85, University Pkwy (Highway 316), and Sugarloaf Parkway. The Property benefits from a prime location just east of Peachtree Corners (15-miles) and northeast of Atlanta (30-miles). The Property further benefits from strong demographics with a population of 200,209 residents and an average household income of $98,233 within a 5-mile radius. The population has experienced 16.16% growth from 2010-2023 with 4.21% growth expected to continue through 2028.
Lamar P. Fisher, Auctioneer
Fisher Auction Company Inc.
GA License: AUNR003157
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