Established Liquor Store Investment
For Sale
Contact for pricing
535 Maxham Rd, Lithia Springs, GA 30122
Profitable liquor store with strong sales and growth potential.
Property Size10,400 SF
Price / SF$471.15
Days on Market1379
Property Features for 535 Maxham Rd
General Information
Standard status
Active
Size
10,400 SF
Property subtype
Retail
Building Details
Year Built
1989
Listing Agency:
Keller Williams Rlty Atl. Part
(770) 412-3126
Listed By:
Christian Swann · License #GA 345777
Source:
Crexi
Added: Oct 21, 2022
Changed: Jul 6
Last Checked: Jul 29 at 4:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Rlty Atl. Part
Investment Insights
Based on property information with market context.
This well-established liquor store presents an investment opportunity in the liquor retail market. The store benefits from a strong customer base and a prime location in a high-traffic area, providing excellent visibility and accessibility to local residents and visitors. The store offers a diverse product range, including wines, spirits, and craft beers, catering to a variety of customer preferences. There is a growing demand for unique and premium products, which this store is well-positioned to supply. The store has implemented a modern POS system that streamlines transactions and reduces wait times, ensuring a pleasant shopping experience for all customers. The liquor industry continues to evolve, with increasing consumer interest in premium and craft offerings. The property size is 10400 square feet.
Key Highlights
- Substantial $2,500,000 price reduction makes this an attractive investment opportunity.
- Impressive annual sales figures demonstrate a strong market presence and customer loyalty.
- Strategic location in a high‑traffic area provides excellent visibility and accessibility.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $239.6k | $23.04 |
| − Vacancy | −$16.8k | −$1.61 |
| EGI | $222.8k | $21.43 |
| − OpEx | −$55.7k | −$5.36 |
| NOI | $167.1k | $16.07 |
10,400 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.39M
$2.09M – $2.79M
NOI $167,132 @ 7.0% cap · market cap 3.41%
Second Best
Retail
$2.09M
$1.83M – $2.44M
NOI $146,280 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,504 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
268k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 36%
Groceries 17%
Home Improvements & Furnishings 4%
QuikTrip
Shops & Services
52,932 visits/mo
0.2 miles
Kroger
Groceries
43,955 visits/mo
0.2 miles
RaceTrac
Shops & Services
25,530 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
17,480 visits/mo
0.2 miles
Wendy's
Dining
16,157 visits/mo
0.1 miles
Demographics for 30122, GA
24,044
Population
11,679
Households
2.1
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
24.7 sq mi
ZIP Area
973
Density / Sq Mi
$64,072
Median Household Income
$41,835
Median Earnings
$1,496
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Super Mi Pueblo — 411 Maxham Rd #600, Austell, GA 30168
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Profitable liquor store with strong sales and growth potential.
Where is this grocery and convenience store located?
The property is located at 535 Maxham Rd Lithia Springs, GA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Substantial $2,500,000 price reduction makes this an attractive investment opportunity.; Impressive annual sales figures demonstrate a strong market presence and customer loyalty.; Strategic location in a high‑traffic area provides excellent visibility and accessibility.
