MCALISTER’S DELI – FAYETTEVILLE, GA

1150 GLYNN ST N, FAYETTEVILLE, GA

$2,259,328 For Sale
Property

Details

1150 GLYNN ST N,
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
Interested Request OM
Property

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

• Affluent, Growing Trade Area | ±96,749 Residents & ±25,939 Employees within a 5-Mile Radius | $104,195 Average HH Income