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5157 Jimmy Lee Smith Pky 1,700 SF of Retail Space Available in Hiram, GA 30141
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,700 SF | Negotiable | $19.06 /SF/YR $1.59 /SF/MO $32,402 /YR $2,700 /MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,700 SF | Total Land Area | 4.67 AC |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 9,794 SF |
| Total Space Available | 1,700 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,794 SF |
| Total Land Area | 4.67 AC |
| Year Built | 2005 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
(These are Open and Operating Businesses. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request) West Cobb & Hiram GA Yogli Mogli Frozen Yogurt National Franchises for Sale Locations: Unit One: 3600 Dallas Hwy Ste 290 Marietta, GA 30064 Unit Two: 5157 Jimmy Lee Smith Pkwy Suite 109, Hiram, GA 30141 Sizes: Unit One: 2100/SF Unit Two: 1700/SF Rent: Unit One: $5200 Monthly All-In. Several years remain on Lease with Option to Renew. Unit Two: $2700 Monthly All-In. Several years remain on Lease with Option to Renew. Operating History: Unit One: 2010 Unit Two: 2012 Sales & Profit: Unit One: 2023 $150,000 with $21,700 Net Profit. Unit Two: 2023 Gross Sales $248,669 with $75.000 Net Profit. Other Info: Both Units are experience higher numbers in 2024. Fully Staffed w/GM who operates both Units. Absentee Owner. $10,000 On-Hand Inventory per Unit. Each Unit has 8-Taylor Frozen Yogurt-Ice Cream Machines. Seller will convey at no cost almost enough FF&E in storage enough to open a third Unit. Priced at $325,000 for both Units. Some Owner Financing is available.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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5157 Jimmy Lee Smith Pky
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