MCALISTER’S DELI – FAYETTEVILLE, GA
1150 GLYNN ST N, FAYETTEVILLE, GA
$2,259,328 For Sale
FAYETTEVILLE, GA $2,259,328
- Status For Sale
- Term 18 Years
- Lease Type NNN
- Cap Rate 6.25%
- Building Size 3530 SQ. FT
- Options Three, 5-Year
• 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
• Affluent, Growing Trade Area | ±96,749 Residents & ±25,939 Employees within a 5-Mile Radius | $104,195 Average HH Income
