5608 Wendy Bagwell Pky Hiram, GA 30141

This exceptional investment opportunity presents a 3,726 square foot McAlister's Deli building situated on 1.46 acres in Hiram, Georgia's primary retail corridor. Constructed in 2019, this property boasts a modern design, including a drive-thru and outdoor patio seating. The building benefits from a high-traffic location within a thriving retail area, surrounded by national retailers such as Walmart, Hobby Lobby, Home Depot, Sam's Club, Target, JCPenney, AMC Theatres, and ALDI. Its proximity to Wellstar Paulding Medical Center, a 294-bed Level IV Trauma center, further enhances its appeal. The property enjoys strong demographics, with significant population density and high average household incomes within a 5-mile radius (approximately 3,899 within 1 mile, 35,694 within 3 miles, and 97,351 within 5 miles; average household incomes of approximately $93,800, $114,100, and $115,700 respectively). A new 20-year lease commenced in December 2024, featuring a built-in inflation hedge with 10% rent increases every five years, and three additional five-year renewal options, each with a 10% rent increase. The lease is an absolute NNN lease, eliminating all landlord responsibilities. The lease is guaranteed by Red Door Brands, LLC, the franchisee, and personally guaranteed by the operator. Red Door Brands operates 25 stores across multiple brands. This investment offers a compelling combination of strong tenant, prime location, and a secure, long-term lease structure. The property's location within the Atlanta MSA, a rapidly growing region with a robust economy and major industries including financial services, technology, and telecommunications, further strengthens its investment potential. The net operating income is $191,426. The asking price is $3,480,471.