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