Strip Mall Property less than 30 minutes from Lawrenceville, GA Available for Sale or Lease! Strip mall currently has 5 bays with no interior walls but can easily be built if needed. Includes a full commercial kitchen with all equipment in working order!
All businesses within the strip mall were operated by three partners that got into a dispute and the partner with all licenses in her name decided to cancel all of them which shut the strip mall down.
6,300 sq ft! The businesses that were operating before then include the following: Spanish Restaurant, an Ice Cream Parlor, Check Cashing Booth, C-store/Grocery Store with a Butcher Shop. This also includes a tortilla factory machine that makes fresh tortillas and one can supply at wholesale to local restaurants and grocery stores as well. When in operation, the business had a substantial clientele that used to pick up fresh tortillas everyday! Store used to do over $160,000 in monthly inside sales.
At this time we have a tenant for the Ice Cream Parlor that is willing to pay $1,000 monthly rent. The butcher that used to work there is willing to come back as well. We also have a Restaurant tenant that is willing to pay $1,500 monthly.
A MetroPCS franchisee wishes to take over one bay and pay $1,500 in rent.
The Check Cashing business can be easily rented out for $1,500 per month but it is almost better for the Convenience-store Operator to do their own check cashing as it is highly lucrative.
There are two manufacturing plants close by to the store and all the employees come to cash their paychecks at the store next door. The Convenience and Grocery store should cater to the Hispanic population as that would be optimal for that area. The Strip Mall can focus on a large sub-market that the neighboring convenience stores don’t necessarily provide for.
We have talked to a jobber that is willing to add gas pumps, tanks, and canopy if Buyer wanted to add a gas station.
Currently the Seller has signed a contract with a Billboard company that will construct a billboard on the property and pay $400 monthly.
One original partner, who is highly motivated and hard-working, is interested in helping the Buyer of the store. She has lived in the area for over 10 years and is very involved in the local Hispanic community! She would be an excellent Manager if needed!
There is NO COAM contract currently!
If you are only interested in leasing the store then call us as well.
Asking Price for Property: $1,099,000. Amazing opportunity for an Owner-Operator or Investor!
If interested, please email email@example.com with your full name and best contact number to reach you.