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5608 Wendy Bagwell Pky
Hiram, GA 30141

$3,062,800 USD

Restaurant For Sale  •  3,726 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,726 SF
  • Lot Size 1.47 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning GC
0 Transit Score
51 Walk Score

Highlights

• The tenant currently has 18+ 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
Cap Rate: 6.25 %

Amenities

  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 49 min - 33.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Michael Berk 470-344-2586 SRS Real Estate Partners
Michael Berk 470-344-2586 SRS Real Estate Partners