Hiram Square 5157 Jimmy Lee Smith Pky Local commercial 2 626 m² 100 % Loué À vendre Hiram, GA 30141 7 538 581 € (2 870,34 €/m²) Taux de capitalisation 6,50 %

HIRAM SQUARE | ATLANTA MSA
• Hiram Square is a 28,270 SF unanchored retail strip center positioned in Hiram, GA, a dense and growing northwest Atlanta suburb.
• The center features a strong internet-resistant mix of restaurant, fitness, beauty, wireless, and service-based tenants
• Located in Hiram’s primary retail corridor, seeing 40K VPD, and surrounded by 2.1M+ SF of retail inventory
• The Jimmy Lee Smith Pkwy retail corridor sees 14M+ combined visits per year
• Hiram Square is the number 1 most visited strip center on Jimmy Lee Smith Pkwy
DAILY NEEDS TENANT MIX | LEASING MOMENTUM
• The center features a strong internet-resistant mix of restaurant, fitness, beauty, wireless, and service-based tenants
• The tenant mix is destination-driven, creating repeat customer traffic
• Recent leasing activity has fully occupied the property with new tenants like American Deli, Green Tomato Buffet, and Shwarma King
• Proven leasing momentum and foot traffic to the center demonstrate tenant demand and reduced downtime risk
RENT GROWTH
• Average in-place rent is 12% below market rents of $24.10 (Costar)
• 70% of the center has contractual rent bumps in their initial terms and options, giving the buyer the ability to grow income over time
HIGH-TRAFFIC RETAIL CORRIDOR | JIMME LEE SMITH PKWY (40K VPD)
• Located in Hiram, GA’s primary retail corridor, surrounded by 2.1M+ SF of retail inventory
• Jimmy Lee Smith Parkway is the primary artery connecting the west Atlanta Suburbs (Austell, Powder Springs, Hiram, Dallas, etc.)
• The center has seen a 24% YOY growth in visitations due to recent leasing activity
• Placer.ai data:
• The combined visits for the Jimmy Lee Smith Pkwy totals more than 14M visits per year
• Hiram Square is the number 1 most visited strip center on Jimmy Lee Smith Pkwy
• The Center ranks in the top 5% in Georgia and the top 10% nationwide in strip center visits
• Hiram Square ranks 9/333 strip centers in a 30-mile radius (Includes the Cobb, Marietta, Roswell, Kennesaw, Woodstock, Sandy Springs, and Buckhead)
GROWING ATLANTA SUBURB
• Hiram Square serves a growing suburban trade area with a 92K 5-mile population and an average household income of $114K
• Surrounding national retailers include Target, Walmart, Sam’s Club, Home Depot, Aldi, Kohl’s, Ross, Marshalls, Ulta, Academy Sports, and numerous other brand-name tenants
• Located just 25 miles from Atlanta