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Restaurant

McAlister's Deli | Corporate | 3.5% Assumable Loan

5721 AL-157, Cullman, AL 35055

Listing Price: $2,960,000

Cap Rate
5.50%
Tenant Name
McAlister's Deli
Years Remaining On Lease
16.1
Guarantor
Corporate Guarantee
Rentable SF
2,800
Lease Type
Absolute Net
Rent Per Square Feet
$58.15

Investment Overview

Founded in 1989, McAlister’s Deli® is a fast casual restaurant chain known for its genuine hospitality, sandwiches, spuds, soups, salads, desserts and McAlister’s Famous Sweet Tea™. In addition to dine-in and take-out service, McAlister’s Deli also offers catering with a selection of sandwich trays, box lunches,
desserts, a hot spud bar and more. With numerous industry accolades, the McAlister’s Deli brand had approximately 550 restaurants in 29 states as of June 30, 2024. The company is headquartered in Atlanta, GA.

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE | 15 YEARS REMAINING
  • 1.75% ANNUAL RENTAL INCREASES
  • OUTPARCEL TO WALMART SUPERCENTER
  • STRONG DEMOGRAPHICS | 55,000+ 5-MILE POPULATION
  • ASSUMABLE LOAN AT 3.50% INTEREST RATE
  • CORPORATE GUARANTY FROM FOCUS BRANDS, LLC (NOW GOTO FOODS)
  • 550+ McALISTER'S DELI LOCATIONS ACROSS 30 STATES
  • McALISTER'S DELI IS OWNED BY GOTO FOODS (FORMERLY FOCUS BRANDS) | FRANCHISOR AND OPERATOR OF 6,600+ LOCATIONS WORLDWIDE

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Restaurant

McAlister's Deli | Corporate | 3.5% Assumable Loan

Listing Price: $2,960,000

Cap Rate
5.50%
Tenant Name
McAlister's Deli
Years Remaining On Lease
16.1
Guarantor
Corporate Guarantee
Rentable SF
2,800
Lease Type
Absolute Net
Rent Per Square Feet
$58.15

Investment Highlights

  • ABSOLUTE TRIPLE NET (NNN) LEASE | 15 YEARS REMAINING
  • 1.75% ANNUAL RENTAL INCREASES
  • OUTPARCEL TO WALMART SUPERCENTER
  • STRONG DEMOGRAPHICS | 55,000+ 5-MILE POPULATION
  • ASSUMABLE LOAN AT 3.50% INTEREST RATE
  • CORPORATE GUARANTY FROM FOCUS BRANDS, LLC (NOW GOTO FOODS)
  • 550+ McALISTER'S DELI LOCATIONS ACROSS 30 STATES
  • McALISTER'S DELI IS OWNED BY GOTO FOODS (FORMERLY FOCUS BRANDS) | FRANCHISOR AND OPERATOR OF 6,600+ LOCATIONS WORLDWIDE

Investment Overview

Founded in 1989, McAlister’s Deli® is a fast casual restaurant chain known for its genuine hospitality, sandwiches, spuds, soups, salads, desserts and McAlister’s Famous Sweet Tea™. In addition to dine-in and take-out service, McAlister’s Deli also offers catering with a selection of sandwich trays, box lunches, desserts, a hot spud bar and more. With numerous industry accolades, the McAlister’s Deli brand had approximately 550 restaurants in 29 states as of June 30, 2024. The company is headquartered in Atlanta, GA.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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