5223 Jimmy Lee Smith Pkwy - Restaurant FOR SALE
Hiram, GA 30141 |
5223 Jimmy Lee Smith Pkwy
Hiram, GA 30141
HIGHLIGHTS
- Rare Chick-fil-A relocation after 26+ years of occupancy, showing strong commitment to the Hiram market
- Brand new 15-year ground lease with 10% increases every 5 years during the initial term and seven, 5-year renewal options
- Below market rent of approximately $29 PSF with extremely high barriers to entry
- Adjacent To super-regional Hiram Pavilion anchored by Target, Sam’s Club, Home Depot, Kohl’s, Ross, Marshalls, HomeGoods, Michaels, Ulta and more
- Hard signalized corner with 38,000+ VPD | Prime location adjacent to 2M+ SF of retail and nearby 294-bed Wellstar Paulding Hospital
- 92,659 residents and $104,419 Average Household Income within a 5-mile radius
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Chick-fil-A Ground Lease | Rare Relocation
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
4997
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
013002
