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Highest & Best

Thornton Package Lithia Springs

High Gross and Net Liquor Store with Real Estate!

Listing Contacts

Highest & Best

Asking Price: $5,500,000

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Address 

535 Maxham Rd, Lithia Springs, GA 30122

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Date Added
Oct 21, 2022
Days on Market
875 days
Time Since Last Update
22 days

Details

Property TypeRetail
SubtypeConvenience Store
Investment TypeOwner/User
ClassC
TenancySingle
Square Footage10,400
Net Rentable (sq ft)4,200
Price/Sq Ft$528.85
Cap Rate13.98%
NOI$768,713
Units2
Year Built1989
Year Renovated2011
Buildings1
Stories2
ZoningCG
Lot Size (acres)1
Parking (per 1,000 sq ft)70
Rent Bumps3% annual
Broker Co-OpYes
APN4182-03-7-0-003
OwnershipFee Simple

Marketing Description

Exciting Opportunity with $2,000,000 Price Realignment!
Welcome to your next investment in the thriving liquor retail market! This well-established liquor store has recently undergone a $2,000,000 price improvement, making it an even more attractive opportunity for savvy investors.​ With a strong customer base and a prime location, this store is poised for continued growth and profitability.​
Key Highlights:

Impressive Sales Performance: The store boasts impressive annual sales figures, showcasing its strong market presence and customer loyalty.​ Recent adjustments in pricing strategies have further enhanced profit margins, making this an ideal time to invest.​

Strategic Location: Situated in a high-traffic area, this liquor store benefits from excellent visibility and accessibility, attracting both local residents and visitors alike.​

Diverse Product Range: The store offers a wide selection of wines, spirits, and craft beers, catering to a variety of customer preferences.​ Recent trends indicate a growing demand for unique and premium products, which this store is well-positioned to supply.​

Enhanced Customer Experience: With a focus on efficient service and customer satisfaction, the store has implemented a modern POS system that streamlines transactions and reduces wait times, ensuring a pleasant shopping experience for all customers.​

Growth Potential: The liquor industry continues to evolve, with increasing consumer interest in premium and craft offerings.​ This store is strategically positioned to capitalize on these trends, especially with the recent price improvements that enhance its competitive edge.​

Don't miss out on this fantastic opportunity to own a profitable liquor store with a solid foundation and exciting growth potential.​ Contact us today to learn more about this exceptional listing! Financing available through our preferred lender.​

***PLEASE BE ADVISED THAT DUE TO THE LARGE AMOUNT OF INTEREST IN LIQUOR/PACKAGE STORES, WE REQUIRE SERIOUS INTERESTED PARTIES TO MEET WITH AGENTS/BROKER TO DISCUSS PROPERTY AND SIGN NDA PRIOR TO RELEASING ANY CONFIDENTIAL INFORMATION***

Investment Highlights

Recent Price Improvement: The store has undergone a $2,000,000 price reduction, enhancing its attractiveness and potential return on investment.

Strong Sales Performance: With impressive annual sales figures, this liquor store demonstrates a solid market presence and consistent customer loyalty.

Prime Location: Located in a high-traffic area, the store benefits from excellent visibility and accessibility, driving foot traffic and sales.

Diverse Product Offering: The store features a wide range of wines, spirits, and craft beers, catering to evolving consumer preferences and increasing demand for premium products.

Growth Potential: The liquor industry is experiencing growth, particularly in premium and craft segments, positioning this store to capitalize on emerging trends and expand its market share.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$768,713.00
$64,059.42/mo

Valuation Metrics

0
DSCR
13.98%
Cap Rate
13.98%
ROI
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Due Diligence

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Listing Contacts


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