For Sale
$1,300,000

4645 Hiram Sudie RdHiram, GA 30141

Georgia retail investment, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional retail property, Hiram Plaza, presents a compelling investment opportunity. Located at 4645 Hiram Sudie Rd, Hiram, GA 30141, this single-story, 8,900 square foot building sits on a 1.19-acre lot at the corner of Hwy 120 and Hwy 92, offering excellent visibility and accessibility. Currently boasting 100% occupancy across its four units, ranging from 1250 to 3750 square feet, the property generates a strong NOI of $97,200, resulting in a 6.70% cap rate. Built in 2006 and extensively renovated in 2021, the property features new HVAC systems, flooring, and ceilings. The ample parking lot is in excellent condition. The B-2 zoning provides flexibility for a variety of retail uses. The current tenants are on a mix of long-term and short-term leases, presenting opportunities for owner-occupancy or further lease diversification. This is a turnkey operation with significant upside potential. The asking price is $1,300,000.

Highlights

  • Hiram Plaza, a single-story, 8,900 SF retail building on a 1.19-acre lot in Hiram, GA.
  • Located at the hard corner of Hwy 120 and Hwy 92, offering high visibility and accessibility.
  • 100% occupied with four units (1,250 SF - 3,750 SF), generating a $97,200 NOI and a 6.70% cap rate.
  • Recently renovated (2021) with new HVAC, flooring, and ceilings; ample parking.
  • B-2 zoning allows for diverse retail uses; mix of short and long-term leases; $1,300,000 asking price.

Property Details for 4645 Hiram Sudie Rd

Property type
Retail properties
Square Feet
8,900 SF
Class
C
Year Built/Renovated
2006/2021
Buildings
1
Stories
1
Lot Size (sq. ft)
51,836 SF
Units
4

Location Insight

City
Hiram
County
Paulding
State
Georgia
Latitude
33.8703582
Longitude
-84.7665453
4645 Hiram Sudie Rd, Hiram, Georgia

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4645 Hiram Sudie Rd
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