

Grayson 2-Building Property For Sale-Fully Leased
Retail/Event Center /School - INVESTMENT --6,264 SF -2 Buildings
Marketing description
Two Tenant, Two Building Investment Property- 7.25% Cap Rate
Highlights:
NNN leases with Gwinnett School of Music and Gwinnett School of Dance Tenants/Buildings, long-time established, solid Grayson businesses.
Front Building: 2,513/sf Victorian Landmark Building (The McConnell House, circa 1890), home to Gwinnett School of Music, a 25 year tenant. Purchased by Ensemble Performing Arts, a Nat’l Tenant and Guarantor, and the largest Music and Dance School in the US with 130 locations. This is their busiest Music School in GA. 2+ yrs left on the 1st term and a 5 yr. option remaining.
3,751/sf Rear Building, home to Gwinnett Dance School, 8 yr. Tenant. Built in 2018 for the Dance School/as an Event Center. Rustic, refined interior with hardwood floors, beamed high ceilings, catering kitchen (no grease-trap), removable room divider, two outdoor spaces and french doors overlooking the scenic City of Grayson Park and Amphitheater. Dance School purchased in 2025 by a longtime Grayson family/ 13 yr. Dance School Student. 4.5 yrs remaining on the 1st term with a 5 yr. option.
High Visibility and Legacy Historical Property- front building built in 1890 and beautifully restored and maintained, is not on the Historic Register. The rear building was former Town Livery Station circa 1910, that sat beside the Lawrenceville to Loganville Railroad that ran twice a day. The original stone wall was kept and incorporated into the new Dance School/Event Center building.
Minimal Landlord Responsibilities
102 ft of frontage
35 shared Parking Spaces (Music schools hours are 2:30-8pm, M-F. and 9-2pm Saturday)
Directly on BUSY Hwy 20/Grayson Highway, the dominant Retail Corridor between Lawrenceville, Sugarloaf Pkwy & Loganville.
47,000 VPD
On Sewer
Property could be subdivided into 2 separate parcels with building on each
Located in the Atlanta MSA and in the path of progress beside Downtown Grayson’s Public Park and Amphitheatre, and between the new Railyard, a 64,000/sf Mixed-use Town Center, Sterling Elementary (1,039 students) and Couch Middle school (1,100 students.) Over 1,000 new homes and townhomes have been recently built or are under construction. Other daily traffic generators past the site include Kroger, and a new Chipotle, Starbucks, Panda Express, Whataburger, and Chase Bank (1 block away.)
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