8220 Tara Blvd | Jonesboro, GA 30236
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- LoopNet Team
8220 Tara Blvd
Jonesboro, GA 30236
Adult Novelty Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Expansive Adult Novelty Store featuring Smoke Shop & Tattoo Supply Store - Property, Business & Inventory | Annual Sales for 2024: $816,205
- Complete Turn-Key Opportunity with Existing Management in place to take over with New Ownership | C3 Zoning in the Tara Blvd. Overlay
- Situated on 1.15 Acres with a Stand-Alone Building with Multiple Exterior Doors | Two Spacious Warehouses, Storage Areas, Offices, and Restrooms
- NOI: $623,350.83 (minus running inventory) | Incredible Cap Rate - 19.5% +/- (not including running inventory)
- 12,600 SQ FT Meticulously Maintained Building with a Proper Organized Store with Quality Showcases, Shelves, etc. | 35 Parking Spaces
- Reputable Business with Repeat Clientele ensuring Steady Long-Term Business | Located Amidst The Atlanta MSA, 3rd Fastest Growing
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,600 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.33 AC
Zoning
C3 - C3 in the Tara Blvd. Overlay
Parking
35 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
147’ on Tara Blvd
AMENITIES
- Security System
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 13-0239B-00C-006 | Improvements Assessment | $453,480 |
| Land Assessment | $60,080 | Total Assessment | $513,560 |
PROPERTY TAXES
Parcel Number
13-0239B-00C-006
Land Assessment
$60,080
Improvements Assessment
$453,480
Total Assessment
$513,560
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