- The tenant currently has 19+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site
- The lease features 10% increases every 5 years during the initial term and options, growing NOI and hedging against inflation
- McAlister’s Deli brand, headquartered in Atlanta GA, has approximately 550 restaurants in 29 states as of June 30, 2024
Investment Offering
Hiram, GA - McAlister's Deli
$3,062,800
Price6.25%
Cap Rate$191,425
NOI2018
Year Built3,726
± SF Offering GLA1.47
± AC Land AreaDescription
Location
Documents & Links
| View | ||
|---|---|---|
 Offering Memorandum |  |  |