Hiram Square II 5077 Jimmy Lee Smith Pkwy., Hiram, GA 30141

Exclusively Presented by: Schair and Associates, Inc. ■ Richard Schair ■ 770.533.9585

5592 Cool Springs Road, Gainesville, GA 30506 rschair@schairinc.com ■ www.schairinc.com

• 10,700+/- S.F. Value Add Retail Strip Center• Anchor Tenant: Cheeseburger Bobby’s• 100% Occupied• CAP Rate: 8.0% on Actual Existing NOI• 8.9% - As Is – 5 Year Unleveraged Return• 14.7% - 5 year Leveraged Return

Demographics (2021 projection)

1 mile 3 mile 10 mile

Population 3,310 30,351 360,611

Households 1,087 10,700 123,168

2016 Avg. HH Income

$63,635 $ 76,281 $83,036

Property Type

Value Add Neighborhood Strip Center

Size 10,700 S.F.

Occupancy 100% occupied

Frontage 163 feet

Traffic Count - 34,520 VPD at Site

Year Built 2005

Land Area 1.43 Acres

Utilities All utilities available at site

Parking 4.3/1,000: 46+/- spaces 2 ADA spaces

Zoning B2-100

Parcel ID - 176.2.1.014.0000

Visibility The center has excellent visibility from Jimmy Lee Smith Pkwy (main thoroughfare). The centers prominently located signage attracts the attention of traffic traveling from both directions along Jimmy Lee Smith Pkwy.

Accessibility The property has two entrances. One is accessed from Jimmy Lee Smith Pkwy with right-in/right- out only. The other entrance is via an access road with a traffic light. Jimmy Lee Smith Pkwy is a major divided median thoroughfare connecting the city of Hiram with Dallas, the county seat.

Location The center is located at 5077 Jimmy Lee Smith Pkwy in Hiram Georgia, 0.75 miles east of the intersection of Jimmy Lee Smith Pkwy and Poplar Springs Rd. The property is 22.6 miles west northwest of downtown Atlanta which equates to a 33-minute drive time from downtown Atlanta to property.

Surrounding Retail Hiram Square II is located along Hiram’s primary retail corridor. The Hiram retail market consists of 138 properties totaling 2.45 million square feet with 9,891 S.F. having been delivered in the past year. The area’s average starting NNN rent per square foot is $15.68 The current area vacancy rate is 5.4%.

CURRENT OCCUPANCY 100%

• Rentable Square Footage: 10,700• Occupancy:• Purchase Price:• Square Foot Price:• Current NOI:• CAP Rate on Actual NOI:

100% $2,150,000 $2011 $171,915 8.0%

Based on a 5% vacancy & 5% Cost of Sale

CURRENT TENANTS S.F. Cheeseburger Bobby’s 2,000 Hiram Books 1,200

Chartwell Staffing 1,200 Ambassador Barber 1,200

Restoration Therapy 1,800

Satin Dollzz 1,500 IC Hot 1,800

TOTAL S.F. 10,700

METRO ATLANTA MAP VIEW

Hiram Square II ● 5077 Jimmy Lee Smith Pkwy. ● Hiram, GA ● 30141

LOCAL MAP VIEW

Hiram Square II ● 5077 Jimmy Lee Smith Pkwy. ● Hiram, GA ● 30141

SITE PLAN

Hiram Square II ● 5077 Jimmy Lee Smith Pkwy. ● Hiram, GA ● 30141

Suite Tenant

101 Cheeseburger Bobby’s

107 Satin Dollzz

109 Hiram Books

111 Chartwell Staffing

113 Ambassador Barber

115 IC HOT

119 Physical Therapy

Aerial Market View

Hir

PROPERTY PHOTOS