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Fayetteville, GA - McAlister's Deli

$2,353,000

1150 N Glynn St, Fayetteville, GA 30214

Active
Last Updated: 10/30/2025

6

Cap Rate

141,208

NOI

Details:
Cap Rate:    6%
NOI:    $141,208
Building Size:    3,530 sqft
Lot Area:    1.93 acres
Year Built:    2021
Zoning:    C-3, Highway Commercial
Description:

• 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

• The site is in close proximity to Fayette Pavilion, a 1,063,000+ SF open-air shopping center, that is anchored by Target, Ross, Publix, Home Depot, Walmart Supercenter, Hobby Lobby, Old Navy, and more
• The subject property is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Lowe’s, Kroger, Food Depot, Starbucks, Staples, Harbor Freight, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

Map:
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