5223 Jimmy Lee Smith Pkwy | Hiram, GA 30141
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- LoopNet Team
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
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 | 176.2.1.011.0000 | Improvements Assessment | $484,320 |
| Land Assessment | $240,000 | Total Assessment | $724,320 |
PROPERTY TAXES
Parcel Number
176.2.1.011.0000
Land Assessment
$240,000
Improvements Assessment
$484,320
Total Assessment
$724,320
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