Hiram, GA - McAlister's Deli
$3,190,000
5608 Wendy Bagwell Pkwy, Hiram, GA 30141
6
Cap Rate
191,425
NOI
Details:
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 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
Location
Gallery
