This Retail Property is no longer advertised on LoopNet.com.
5223 Jimmy Lee Smith Pkwy
Hiram, GA 30141
Chick-fil-A Ground Lease | Rare Relocation · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Chick-fil-A relocation after 26+ years of occupancy, showing strong commitment to the Hiram market
- Below market rent of approximately $29 PSF with extremely high barriers to entry
- Hard signalized corner with 38,000+ VPD | Prime location adjacent to 2M+ SF of retail and nearby 294-bed Wellstar Paulding Hospital
- Brand new 15-year ground lease with 10% increases every 5 years during the initial term and seven, 5-year renewal options
- Adjacent To super-regional Hiram Pavilion anchored by Target, Sam’s Club, Home Depot, Kohl’s, Ross, Marshalls, HomeGoods, Michaels, Ulta and more
- 92,659 residents and $104,419 Average Household Income within a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Restaurant
- General Retail Fast Food
- General Retail Freestanding
- General Retail Restaurant
Building Size
4,997 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.37 AC
Zoning
B2 - Commercial Business
Parking
60 Spaces (12.01 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Restaurant
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
Parcel Number | 013002 | Improvements Assessment | $549,200 |
Land Assessment | $240,000 | Total Assessment | $789,200 |
Learn More About Investing in Retail Properties
Listing ID: 27192602
Date on Market: 11/28/2022
Last Updated:
Address: 5223 Jimmy Lee Smith Pkwy, Hiram, GA 30141
The Retail Property at 5223 Jimmy Lee Smith Pkwy, Hiram, GA 30141 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.