Thornton Package of Lithia Springs 535 Maxham Rd 10,400 SF Retail Building Austell, GA 30168 $5,500,000 ($528.85/SF) 13.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Priced to Sell with $2,000,000 Price Improvement!
- High Gross, High Net, High Margins
- 4,200 SF 2nd Floor Office Space for Additional Income or Expansion
- Prominent Package Store Established 2011
- Easily add $3M in Additional Revenue
- 28.74% margin on liquor sales
EXECUTIVE SUMMARY
Exciting Opportunity with $2,000,000 Price Realignment!
Welcome to your next investment in the thriving liquor retail market! This well-established liquor store has recently undergone a significant price improvement, making it an even more attractive opportunity for savvy investors. With a strong customer base and a prime location, this store is poised for continued growth and profitability.Key Highlights:
Impressive Sales Performance: The store boasts impressive annual sales figures, showcasing its strong market presence and customer loyalty. Recent adjustments in pricing strategies have further enhanced profit margins, making this an ideal time to invest.
Strategic Location: Situated in a high-traffic area, this liquor store benefits from excellent visibility and accessibility, attracting both local residents and visitors alike.
Diverse Product Range: The store offers a wide selection of wines, spirits, and craft beers, catering to a variety of customer preferences. Recent trends indicate a growing demand for unique and premium products, which this store is well-positioned to supply.
Enhanced Customer Experience: With a focus on efficient service and customer satisfaction, the store has implemented a modern POS system that streamlines transactions and reduces wait times, ensuring a pleasant shopping experience for all customers.
Growth Potential: The liquor industry continues to evolve, with increasing consumer interest in premium and craft offerings. This store is strategically positioned to capitalize on these trends, especially with the recent price improvements that enhance its competitive edge.
Don't miss out on this fantastic opportunity to own a profitable liquor store with a solid foundation and exciting growth potential. Contact us today to learn more about this exceptional listing! Financing available through our preferred lender.
***PLEASE BE ADVISED THAT DUE TO THE LARGE AMOUNT OF INTEREST IN LIQUOR/PACKAGE STORES, WE REQUIRE SERIOUS INTERESTED PARTIES TO MEET WITH AGENTS/BROKER TO DISCUSS PROPERTY AND SIGN NDA PRIOR TO RELEASING ANY CONFIDENTIAL INFORMATION***
Welcome to your next investment in the thriving liquor retail market! This well-established liquor store has recently undergone a significant price improvement, making it an even more attractive opportunity for savvy investors. With a strong customer base and a prime location, this store is poised for continued growth and profitability.Key Highlights:
Impressive Sales Performance: The store boasts impressive annual sales figures, showcasing its strong market presence and customer loyalty. Recent adjustments in pricing strategies have further enhanced profit margins, making this an ideal time to invest.
Strategic Location: Situated in a high-traffic area, this liquor store benefits from excellent visibility and accessibility, attracting both local residents and visitors alike.
Diverse Product Range: The store offers a wide selection of wines, spirits, and craft beers, catering to a variety of customer preferences. Recent trends indicate a growing demand for unique and premium products, which this store is well-positioned to supply.
Enhanced Customer Experience: With a focus on efficient service and customer satisfaction, the store has implemented a modern POS system that streamlines transactions and reduces wait times, ensuring a pleasant shopping experience for all customers.
Growth Potential: The liquor industry continues to evolve, with increasing consumer interest in premium and craft offerings. This store is strategically positioned to capitalize on these trends, especially with the recent price improvements that enhance its competitive edge.
Don't miss out on this fantastic opportunity to own a profitable liquor store with a solid foundation and exciting growth potential. Contact us today to learn more about this exceptional listing! Financing available through our preferred lender.
***PLEASE BE ADVISED THAT DUE TO THE LARGE AMOUNT OF INTEREST IN LIQUOR/PACKAGE STORES, WE REQUIRE SERIOUS INTERESTED PARTIES TO MEET WITH AGENTS/BROKER TO DISCUSS PROPERTY AND SIGN NDA PRIOR TO RELEASING ANY CONFIDENTIAL INFORMATION***
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
10,400 SF
Building Class
C
Year Built/Renovated
1989/2011
Price
$5,500,000
Price Per SF
$528.85
Cap Rate
13.98%
NOI
$768,713
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
1.00 AC
Zoning
CG - General Commercial
Parking
70 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
208’ on Maxham Rd
AMENITIES
- Signage
- Storage Space
- Monument Signage
ABOUT 535 MAXHAM RD , AUSTELL, GA 30168
Former 10,400 SF office building on 1 acre converted to liquor store in 2011. 4,200 SF of unused office space on 2nd floor can be used for extra lease income or expansion with two separate entrances. Tons of possibilities.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4182-03-7-0-003 | Improvements Assessment | $272,680 (2024) |
| Land Assessment | $124,800 (2024) | Total Assessment | $397,480 (2024) |
