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
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

  • Listing ID: 27192602

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 5223 Jimmy Lee Smith Pkwy, Hiram, GA 30141