Thornton Package of Lithia Springs
$6,600,000
530 Maxham Road, Austell, GA 30168
12.23
Cap Rate
1,503,740
NOI
Details:
Description:
Established in 2011, this liquor store makes money! Absentee owner is cash-flowing $1.53M on $5M in sales. There is plenty of untapped potential. Opportunity to easily add another $3M gross. Ask us how. There is 4,200 SF of leasable office space or room to expand operations or inventory.
***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***
Thornton Package is located at the corner of Thornton Rd and Maxham Rd in The Pointe at Lithia Springs anchored by Walgreens with traffic counts of 47,000 and 31,000, respectively. The center is positioned with excellent visibility and two curb cuts along the going-holme side of Thornton Road and two curb cuts from Maxham Rd. at its signalized intersection. Thornton Road is a major exit off of I-20, Atlanta' s only east-west interstate highway. In addition to a high evening-time population, there are 35,744 residents within a three-mile radius with an average household income of $51,827.
Prominent Package Store Established 2011
High Gross, High Net, High Margins
Easily add $3M in Additional Revenue
4,200 SF 2nd Floor Office Space for Additional Income or Expansion
$1.53M cash-flow
High margin on liquor sales
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