Active

8220 Tara Boulevard

Jonesboro GA, 30236

$3,650,000


$289.68 per sqft

Active

12,600 sqft

Commercial

Built in 1996

Presenting an exceptional investment opportunity to acquire a high-performing, established & prominent, massive retail adult novelty store with a separate tattoo supply counter and a smoke shop within, sold fully TURN-KEY with the land, building, business & all inventory. Extremely high-traffic business with expansive exposure on fast-growing Tara Blvd in the city of Jonesboro, with nearly 147 ft of road frontage. The pristine, solid brick, fenced-in building spans on 1.15 acres, offering 35 parking spaces with maximum visibility to 54,000 VPD. Meticulously maintained, the stand-alone building is 12,600 square feet, including two large warehouses sized at 38 ft. x 40 ft. and 28 ft. x 48 ft for creative income-added opportunities such as a game machine room, an entertainment lounge and/or flexible range of other uses. The current owner is nearly absent and the business is being managed with stable, long-term management who aspire to continue under new ownership if needed. With returning and growing clientele for over a decade, the total sales for 2024 calculated about $806,000 +/-, easily making this an incredible investment with an approximately 16% CAP rate, not including the running inventory. Additional property features include a 32-camera security system, an integrated irrigation system, a freestanding shed in the back of the lot, a fully updated AC system that was replaced a few years ago as well as multiple organized offices, restrooms for employees as well as customers and sufficient storage. The layout provides ample room for future growth, offering significant potential for creative development. This gold-mine opportunity is ideal for a savvy investor looking to expand their portfolio with an already highly profitable turn-key business and fantastic margins. Virtual tour and additional photos are available upon request with a signed NDA.

10384773

MLS ID

September 25, 2024

Listed

February 20, 2025

Updated

Interior Features

Floor Description

Carpet, Concrete, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.15 Acres


Lot Features

Near Public Transit, Level, Semi Turning Available


Roof

Metal


Sewer

Public Sewer

Other Property Details

Taxes

$14,496


Tax Frequency

Annually


Days on Market

134


Accessibility

Accessible Hallway(s)


Garage

No


Parking

Paved, Parking Lot


Parking Total

35


View

No


County

Clayton


Water Source

Public


Pool

No


Utilities

Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available

Listing History

Date

Event

Price

12/9/2024

Price change

$3,650,000

-2%

Listed with Keller Williams Realty Atl. Partners

Based on information from Georgia MLS as of 2/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2025 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 7:40 PM UTC, 2/20/2025

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