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150 Pearl DR, Lafayette, GA 30728

Annie Shahan Property (Walmart Plaza) · Walker County

Key Facts

20,000Sq Ft
2007Year Built
3.04Lot (acres)
100Garage

Description

Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center - Lafayette, GA SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: $1,950,000 + PLUS HUGE BUYER INCENTIVE!!! THE SELLER IS OFFERING THE BUYER A $50k CONCESSION CREDITAT CLOSING IF UNDER CONTRACT BEFORE THE 4TH OF JULY 2026 (CLOSING COSTS AND/OR RENOVATIONS AFTER CLOSING) . 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 Information

Property Type

Commercial Sale

Sub-Type

Mixed Use

Structure Type

Mixed Use / Office / Retail / Warehouse

Year Built

2007

Living Area

20,000 sq ft

Lot Size

3.04 acres

Garage Spaces

100

Parking Spaces

100

Days on Market

402

MLS® Listing#

10506561

Property Features

Interior

High Speed Internet

Cooling

Central Air

Heating

Central

Flooring

CarpetConcreteLaminate

Parking

Parking LotPaved

Lot Features

Level

Construction

Brick

Roof

Metal

Utilities

Cable AvailableElectricity AvailableNatural Gas AvailableWater Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$8,583

Tax year 2023

Parcel Number

10034 006

Directions

Take HWY 27 South (Martha Berry HWY) to LaFayette Walmart Plaza. Turn Right on Pearl Drive. The Shopping Center is inside the plaza on the right with sign on property.

Affordability Calculator

$390,000

Estimated monthly payment

$10,379/mo

Principal $1,560,000 · Est. interest $2,176,339 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lafayette, GA

$278,333
Median Listing Price
63
Median Days on Market
1,600
Median Sq Ft
$160
Median Price / Sq Ft
117
Active Listings
  • This home’s price is 601% above the area median.
  • Its price per sq ft is 39% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lafayette, GA.

Location

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Points of Interest in Lafayette, GA

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
316 Chestnut Street A, LaFayette, GA$1,400,000201710,352
4582 Highway N 27, LaFayette, GA$1,400,00016261,050
109 & 106 Gasque DR 2, LaFayette, GA$1,635,00025,000

Moving Cost Estimate

EXIT Agents in Lafayette

Georgia MLS logo

Listing Courtesy: Crye-Leike, Realtors - 6788451200

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright ©2026 GAMLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GAMLS. MLS® Listing#10506561. © 2026EXIT Realty®. All rights reserved.