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McAlister's Deli | 13yrs Remain NNN w/ Incrs 6768 Pearl Road Rd 3,429 SF Retail Building Middleburg Heights, OH 44130 $3,474,047 CAD ($1,013.14 CAD/SF) 6% Cap Rate

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Investment Highlights

13 Years Remaining | Southern Rock Restaurants Operator (190+ Units)
Directly Across From Southland Shopping Center (9.1 M Annual Visits)
Strong Demographics and Daytime Population in 5-Mile Trade Area

NNN | New 20-Year Roof Warranty | Minimal Landlord Responsibilities
New ALDI & Starbucks Development | Frontage to 35,820 VPD

Executive Summary

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest in a newer (2024) McAlister’s Deli with a drive-thru, featuring the company’s latest prototype design. The lease is guaranteed by Southern Rock Restaurants, LLC, the largest McAlister’s franchisees with 165+ locations with an additional 73 units in active development, providing a strong corporate-backed security. The property has 13 years remaining on the lease, with 10% rent increases every 5 years, delivering consistent NOI growth and protection against inflation, making it an attractive, long-term investment. The property includes a new 20-year roof warranty, which will be transferred to the Buyer at Closing, and features minimal landlord responsibilities, making this an ideal, low-management investment for out-of-state or passive investors.