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    OFF-MARKET
    Retail properties & Spaces

    Tara Blvd, Jonesboro, GA 30236

    12,600 SF 1.15 ac lot Built 1996
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully established, high-volume retail center in Jonesboro, GA. The property boasts a substantial 12,600 square feet of space, strategically situated on a 1.15-acre lot with 147 feet of prominent road frontage. The property includes a well-established adult novelty store operating for over two decades, complemented by a thriving tattoo parlor and smoke shop, all operating within the main building. This unique combination generates a significant net operating income (NOI) of $1,110,620, translating to an attractive 30% capitalization rate. The sale includes the real estate, existing inventory, and all three established businesses. The clean and well-maintained building offers ample space, including several offices, bathrooms, and warehouse storage. Additional value-added opportunities exist, such as the potential development of a game machine room. This prime location in a rapidly growing area ensures continued high traffic and strong potential for future growth. The property is offered at $3,650,000. A non-disclosure agreement (NDA) is required before providing the full address and detailed due diligence materials.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1996
    Total area 12,600 SF
    Lot 1.15 ac (50,094 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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