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McAlister's Deli - Hiram GA 5608 Wendy Bagwell Pky 3,726 SF Retail Building Hiram, GA 30141 $4,178,915 CAD ($1,121.56 CAD/SF) 6.25% Cap Rate

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Investment 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
  • • McAlister’s Deli brand, headquartered in Atlanta GA, has approximately 550 restaurants in 29 states as of June 30, 2024
  • • The lease features 10% increases every 5 years during the initial term and options, growing NOI and hedging against inflation

Executive Summary

• 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

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,726 SF
Building Class
B
Year Built
2019
Price
$4,178,915 CAD
Price Per SF
$1,121.56 CAD
Cap Rate
6.25%
NOI
$261,182 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.47 AC
Zoning
GC - General Commercial
Parking
72 Spaces (19.32 Spaces per 1,000 SF Leased)
Frontage
149’ on Wendy Bagwell Parkway

Amenities

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

Nearby Major Retailers

Flagstar Bank N.A.
Taco Mac
McAlister's Deli
Buffalo's Cafe
Synovus Bank
Truist
Chase Bank
Ww - Weight Watchers
Starbucks
CrossFit

Property Taxes

Property Taxes

Parcel Number
176.2.3.026.0000
Land Assessment
$305,990 CAD
Improvements Assessment
$438,788 CAD
Total Assessment
$744,778 CAD
  • Listing ID: 38225940

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: 5608 Wendy Bagwell Pky, Hiram, GA 30141

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