Jonesboro, GA 30236,8220 Tara
Jonesboro, GA 30236,8220 Tara
Jonesboro, GA 30236,8220 Tara
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$3,650,000
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12,600 SqFt
Active

8220 Tara Jonesboro, GA 30236

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UPDATED:

02/07/2025 03:24 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,600 sqft

Price per Sqft $289

MLS Listing ID 10384773

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1996

Annual Tax Amount $14,496

Tax Year 2023

Lot Size 1.149 Acres

Acres 1.149

Lot Dimensions 1.149

Property Description

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.

Location

State GA

County Clayton

Zoning GB

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Concrete, Hardwood

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Garage Spaces 35.0

Fence Fenced

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

View Y/N No

Roof Type Metal

Total Parking Spaces 35

Garage No

Private Pool No

Building

Lot Description Near Public Transit, Level, Semi Turning Available

Faces Note: The actual address is not 00000 Tara Blvd. A NDA MUST be signed PRIOR to disclosing the address of the property.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 13239B C006

Special Listing Condition Resale


Georgia MLS - GAMLS

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agent

Sarah Coleman

Agent | License ID: 371407

+1(770) 876-5578

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8220 Tara