Restaurant

McAlister's Deli with Drive-Thru

Listing Price: $2,575,000

Cap Rate
5.75%
Tenant Name
Best Choice Restaurants, LLC
Years Remaining On Lease
11.30
Gross SF
3,907
Guarantor
Franchisee Guarantee
Rentable SF
3,907
Price/Gross SF
$659.07
Lease Type
Absolute Net
Rent Per Square Feet
$38.39

Investment Overview

Marcus and Millichap is please to offer McAlister's Deli for sale in a high growth section of Abilene, TX. Built in 2013, the property consists of a free-standing restaurant and is situated on 0.69 acres. McAlister's Deli offers investors a stabilized cash flow with future rental increases in Abilene's strong primary retail corridor which includes Walmart Supercenter, Target, Lowe's, Home Depot, Khol's, Ross, TJ Maxx, Academy and PetSmart. McAlister's Deli is a chain of fast casual restaurants founded in 1989 in Oxford, Mississippi by retired dentist Dr. Don Newcomb. There are currently over 300 locations in 24 states. The menu includes deli sandwiches, "Texas-Sized" spuds (baked potatoes), soups, salads, and desserts, as well as catering items such as sandwich trays and boxed lunches. The chain is also known for its McAlister's Famous Sweet Tea, which is available by the glass or by the gallon.

Investment Highlights

  • 11.5 - Years Remaining Absolute NNN Lease
  • Trade Area Includes 100,000+ Residents
  • Generous Parking: 40 Stalls (10 per 1000sf)

Exclusively Listed By

Restaurant

McAlister's Deli with Drive-Thru

Listing Price: $2,575,000

Cap Rate
5.75%
Tenant Name
Best Choice Restaurants, LLC
Years Remaining On Lease
11.30
Gross SF
3,907
Guarantor
Franchisee Guarantee
Rentable SF
3,907
Price/Gross SF
$659.07
Lease Type
Absolute Net
Rent Per Square Feet
$38.39

Investment Highlights

  • 11.5 - Years Remaining Absolute NNN Lease
  • Trade Area Includes 100,000+ Residents
  • Generous Parking: 40 Stalls (10 per 1000sf)

Investment Overview

Marcus and Millichap is please to offer McAlister's Deli for sale in a high growth section of Abilene, TX. Built in 2013, the property consists of a free-standing restaurant and is situated on 0.69 acres. McAlister's Deli offers investors a stabilized cash flow with future rental increases in Abilene's strong primary retail corridor which includes Walmart Supercenter, Target, Lowe's, Home Depot, Khol's, Ross, TJ Maxx, Academy and PetSmart. McAlister's Deli is a chain of fast casual restaurants founded in 1989 in Oxford, Mississippi by retired dentist Dr. Don Newcomb. There are currently over 300 locations in 24 states. The menu includes deli sandwiches, "Texas-Sized" spuds (baked potatoes), soups, salads, and desserts, as well as catering items such as sandwich trays and boxed lunches. The chain is also known for its McAlister's Famous Sweet Tea, which is available by the glass or by the gallon.

Exclusively Listed By

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