5043 Jimmy Lee Smith Pky | Hiram, GA 30141
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5043 Jimmy Lee Smith Pky
Hiram, GA 30141
JCPenney Ground Lease: Hiram, GA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN ground lease has approximately 11.8 years of primary term remaining with a 5% rent increase in August of 2019.
- The property is located in the heart of Hiram’s most active retail corridor, directly across from Target, Marshalls, Kohl's, Ross, Bealls Outlet.
- Strong visibility and signalized access from Jimmy Lee Smith Parkway (Traffic Count: 34,520 VPD), directly adjacent to to Best Buy.
- Property is located 23 miles northwest of Atlanta north of Interstate 20, Hiram is a rapidly growing suburban community within the Altanta MSA.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
104,332 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.29
Lot Size
8.36 AC
Zoning
B2-0 - General Business
Frontage
559’ on Lake Road West
ABOUT 5043 JIMMY LEE SMITH PKY , HIRAM, GA 30141
Built in 2009, 5042 Jimmy Lee Smith Pky in Hiram, GA is a 104,332 SF retail property. The property is a single story building, and is zoned B2. It benefits from 3 exterior loading docks and features masonry construction. The property is in close proximity to the intersection of Hwy 92 and Jimmy Lee Smith Pky.
PROPERTY TAXES
| Parcel Number | 176.2.1.016.0000 | Improvements Assessment | $2,972,726 |
| Land Assessment | $444,754 | Total Assessment | $3,417,480 |
PROPERTY TAXES
Parcel Number
176.2.1.016.0000
Land Assessment
$444,754
Improvements Assessment
$2,972,726
Total Assessment
$3,417,480
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