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    4374 Atlanta Hwy Hiram, GA 30141

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    For Lease
    Contact for pricing

    Multi-use office, retail & medical space near Wellstar Hospital.

    Lot size:
    37,500 SF

    Property Features for 4374 Atlanta Hwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,500 SF
    Total Rate
    57812.5

    Building Details

    Stories
    1

    Spaces For Lease

    at 4374 Atlanta Hwy, Hiram, GA 30141 Contact us
    Unit Suite Available

    $18 /Mo

    Size
    12,000 SF
    Contact us

    We can help!

    Listing Contact
    Cory Whitman
    Cory Whitman

    Listing Agency: Whitman Associates DBA A Plus Realty Georgia Listing Agent: Cory Whitman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Westside Pavilion, a single-story, 37,500 square foot commercial building situated on a 3.5-acre lot in Paulding County, offers a unique opportunity for businesses seeking high-visibility space. Currently, 12,000 square feet is available, divisible into units as small as 2,400 square feet, with a maximum contiguous space of 12,000 square feet. The building features five total suites and ample parking with 215 spaces. Its strategic location provides unparalleled access to Wellstar Paulding Hospital (less than one mile away), major retailers including Walmart, Home Depot, Academy Sports, and Best Buy (within a five-minute drive), and Paulding County Airport (within a 20-minute drive). The property is zoned commercial and serviced by Greystone power. The building boasts four on-site LED sign boards, ideal for business marketing and brand visibility. Current tenants include MRI Imaging of Georgia, Hiram Center for Family Dentistry, and several other businesses. This property presents a rare opportunity to establish a presence in a thriving commercial area with excellent visibility and convenient access to key amenities and transportation routes. The cross street is Highway 278.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tracie Zielinski DMD ... Dental Office Hiram Center for Family ... Dental Office Imperial palace thai ... Restaurant Marco's Pizza Restaurant A Plus Realty Georgia: ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hiram
    County
    Paulding
    State
    Georgia
    Longitude
    -84.7729246
    Latitude
    33.9033001

    Nearby Similar for Lease

    • Contact for pricing
      6,400 SF

      Hiram Restaurant - Prime Location

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      140 Depot Dr, Hiram, GA 30141
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    • Contact for pricing
      1,400 SF

      Hiram Retail Shop For Lease

      1,400 SF Retail Space, Ample Parking
      4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141
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    FAQs

    What type of property is this?
    Lifestyle center - Multi-use office, retail & medical space near Wellstar Hospital.
    Where is this lifestyle center located?
    The property is located at 4374 Atlanta Hwy Hiram, GA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 37,500 SF multi-tenant office/retail building on 3.5 acres in Paulding County.; 12,000 SF of vacant space available, divisible to 2,400 SF minimum, with a maximum contiguous space of 12,000 SF.; Located near Wellstar Paulding Hospital, major retailers (Walmart, Home Depot, etc.), and Paulding County Airport.
    (770) 505-7272 Call to check price and availability
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    4374 Atlanta Hwy Hiram, GA 30141
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4374 Atlanta Hwy Hiram, GA 30141
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    Contact for Pricing
    Please call us for current price
    and status of this listing Cory Whitman
    Cory Whitman
    Real Estate License ID: 179381
    (770) 505-7272 (770) 505-0416 (770) 505-3232
    Learn more
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