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Restaurant

McAlister's Deli

1150 Glynn St N, Fayetteville, GA 30214

Listing Price: $2,259,328

Cap Rate
6.25%
Tenant Name
McAlister's Deli
Years Remaining On Lease
18.2
Gross SF
3,530
Guarantor
Franchisee Guarantee
Rentable SF
3,530
Price/Gross SF
$640.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.00

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in a single-tenant, absolute NNN McAlister's Deli in Fayetteville, GA.
This McAlister's Deli is located at 1150 Glynn Street N, Fayetteville, Georgia. The property consists of a 3,530 SF building situated on a 1.93 AC parcel that was built in 2021.
The property sits along Glynn Street N/State Highway 85 (33,000 VPD), directly adjacent to Fayette Pavilion, a 1,063,000+ SF open-air power center anchored by Target, Ross, Publix, Home Depot, Walmart Supercenter, Hobby Lobby, and Old Navy. The site benefits from strong tenant synergy within a dense retail corridor that also includes Lowe's, Kroger, Food Depot, Starbucks, Staples, and Harbor Freight, and is located approximately 21–24 miles south of downtown Atlanta within the Atlanta-Sandy Springs-Roswell MSA.

Investment Highlights

  • • 18+ Years Remaining | Scheduled 10% Rental Increases Every 5 Years | 3 (5-Year) Options to Extend | Established National Brand
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Tenant Pays CAM, Taxes, Insurance & All Maintenance | True Passive, Management-Free Investment
  • McAlister's Deli Headquartered in Atlanta, GA | ±550 Restaurants Across 29 States (as of 6/30/2024)
  • Growing Franchisee Operator | Red Door Brands Recently Acquired Main Squeeze Juice Co. | Targeting 100 Units by 2028
  • Adjacent to Fayette Pavilion (1,063,000+ SF) | Anchored by Target, Ross, Publix, Home Depot, Walmart Supercenter & More
  • Dense Retail Corridor | Strong National/Credit Tenant Presence Nearby Including Lowe's, Kroger, Starbucks & Harbor Freight
  • Along Glynn St N/Hwy 85 | ±33,000 VPD | Excellent Visibility & Multiple Points of Ingress/Egress

Exclusively Listed By

Broker of Record

  • John Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

McAlister's Deli

Listing Price: $2,259,328

Cap Rate
6.25%
Tenant Name
McAlister's Deli
Years Remaining On Lease
18.2
Gross SF
3,530
Guarantor
Franchisee Guarantee
Rentable SF
3,530
Price/Gross SF
$640.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.00

Investment Highlights

  • • 18+ Years Remaining | Scheduled 10% Rental Increases Every 5 Years | 3 (5-Year) Options to Extend | Established National Brand
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Tenant Pays CAM, Taxes, Insurance & All Maintenance | True Passive, Management-Free Investment
  • McAlister's Deli Headquartered in Atlanta, GA | ±550 Restaurants Across 29 States (as of 6/30/2024)
  • Growing Franchisee Operator | Red Door Brands Recently Acquired Main Squeeze Juice Co. | Targeting 100 Units by 2028
  • Adjacent to Fayette Pavilion (1,063,000+ SF) | Anchored by Target, Ross, Publix, Home Depot, Walmart Supercenter & More
  • Dense Retail Corridor | Strong National/Credit Tenant Presence Nearby Including Lowe's, Kroger, Starbucks & Harbor Freight
  • Along Glynn St N/Hwy 85 | ±33,000 VPD | Excellent Visibility & Multiple Points of Ingress/Egress

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in a single-tenant, absolute NNN McAlister's Deli in Fayetteville, GA. This McAlister's Deli is located at 1150 Glynn Street N, Fayetteville, Georgia. The property consists of a 3,530 SF building situated on a 1.93 AC parcel that was built in 2021. The property sits along Glynn Street N/State Highway 85 (33,000 VPD), directly adjacent to Fayette Pavilion, a 1,063,000+ SF open-air power center anchored by Target, Ross, Publix, Home Depot, Walmart Supercenter, Hobby Lobby, and Old Navy. The site benefits from strong tenant synergy within a dense retail corridor that also includes Lowe's, Kroger, Food Depot, Starbucks, Staples, and Harbor Freight, and is located approximately 21–24 miles south of downtown Atlanta within the Atlanta-Sandy Springs-Roswell MSA.

Exclusively Listed By

Broker of Record

  • John Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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