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- LoopNet Team
8180 Tara Blvd
Jonesboro, GA 30236
Aaron's Net Lease Investment | 8.5% Cap Rate · Retail Property For Sale
Property Facts
Amenities
- 24 Hour Access
- Storage Space
About 8180 TARA BLVD , JONESBORO, GA 30236
Bull Realty is pleased to offer this STNL property occupied by Aaron's Inc. in Jonesboro, Georgia (Atlanta MSA). Aaron's has occupied the property since 1997 and has recently extended their lease for an additional 5 years. The asset is generating a net operating income of $71,818 with the combined rent from Aaron's ($68,400) and the Clear Channel Billboard ($11,300). The 6,600 SF building sits on a 0.56 acre parcel and is strategically located along Tara Boulevard (traffic count: 59,600 VPD), the retail corridor in Jonesboro, Georgia. Jonesboro is located in Aaron’s target consumer markets close to retailers who have similar customer demographics. There are 8,021 multifamily units and an average household income of $51,049 within a 3-mile radius. Large retailers in the area include Walgreens, Quik Trip, CVS, McDonald's, Kroger, PepBoys, Wendy's, Dollar General and more.
Property Taxes
| Parcel Number | 13-0239B-00C-011 | Improvements Assessment | $250,600 |
| Land Assessment | $29,280 | Total Assessment | $279,880 |
Property Taxes
