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Restaurant

Dairy Queen

3485 Jimmy Lee Smith Pkwy, Hiram, GA 30141

Listing Price: $2,415,000

Cap Rate
6.15%
Tenant Name
Dairy Queen
Years Remaining On Lease
13.6
Guarantor
Franchisee Guarantee
Rentable SF
3,589
Lease Type
Absolute Net
Rent Per Square Feet
$41.38

Investment Overview

This property features an absolute net lease with over 14 years remaining. Located along Jimmy Lee Smith Parkway, a high-traffic route connecting to Atlanta International Airport, the site enjoys excellent visibility and accessibility. With a strong operating history since 2000 and recent remodels, Dairy Queen anchors the property, surrounded by major retailers like Walmart, Home Depot, and Target. Close proximity to Wellstar Paulding Medical Center and several educational institutions ensures a steady customer base. Notably, it serves as the closest Dairy Queen to the area, providing a strategic advantage in capturing local market share.

Investment Highlights

  • Absolute-Net Lease (Zero Landlord Responsibilities) with Over 14 Years Remaining on Base Term.
  • Frontage Along Jimmy Lee Smith Parkway (39,000 VPD), Parkway Connects Eastbound to Atlanta International Airport (Worlds Busiest Airport by Passenger Traffic - 93.6 Million Passengers.
  • Strong Performing Location & Great Operating History: Dairy Queen has Operated at this Site Since 2000 with Recent Remodels Showing Further Commitment to Operators Business.
  • Positioned Along Hiram's Primary Retail Corridor. Notable National Brands in the Vicinity Include Walmart Supercenter, The Home Depot, Target, Sam's Club, and Costco.
  • Located Less than 1 Mile from Dairy Queen, Wellstar Paulding Medical Center has 294 Staffed Beds, 997 Employees, 400 Physicians, and 105 Volunteers.
  • The Property is Surrounded by Several Primary and Secondary Educational Institutions, Catering to a Total Student Population of 5,500 within a Five-Mile Radius.
  • Next Nearest Dairy Queen to this Location is in Powder Springs - 6 Miles away.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Listing Price: $2,415,000

Cap Rate
6.15%
Tenant Name
Dairy Queen
Years Remaining On Lease
13.6
Guarantor
Franchisee Guarantee
Rentable SF
3,589
Lease Type
Absolute Net
Rent Per Square Feet
$41.38

Investment Highlights

  • Absolute-Net Lease (Zero Landlord Responsibilities) with Over 14 Years Remaining on Base Term.
  • Frontage Along Jimmy Lee Smith Parkway (39,000 VPD), Parkway Connects Eastbound to Atlanta International Airport (Worlds Busiest Airport by Passenger Traffic - 93.6 Million Passengers.
  • Strong Performing Location & Great Operating History: Dairy Queen has Operated at this Site Since 2000 with Recent Remodels Showing Further Commitment to Operators Business.
  • Positioned Along Hiram's Primary Retail Corridor. Notable National Brands in the Vicinity Include Walmart Supercenter, The Home Depot, Target, Sam's Club, and Costco.
  • Located Less than 1 Mile from Dairy Queen, Wellstar Paulding Medical Center has 294 Staffed Beds, 997 Employees, 400 Physicians, and 105 Volunteers.
  • The Property is Surrounded by Several Primary and Secondary Educational Institutions, Catering to a Total Student Population of 5,500 within a Five-Mile Radius.
  • Next Nearest Dairy Queen to this Location is in Powder Springs - 6 Miles away.

Investment Overview

This property features an absolute net lease with over 14 years remaining. Located along Jimmy Lee Smith Parkway, a high-traffic route connecting to Atlanta International Airport, the site enjoys excellent visibility and accessibility. With a strong operating history since 2000 and recent remodels, Dairy Queen anchors the property, surrounded by major retailers like Walmart, Home Depot, and Target. Close proximity to Wellstar Paulding Medical Center and several educational institutions ensures a steady customer base. Notably, it serves as the closest Dairy Queen to the area, providing a strategic advantage in capturing local market share.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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