x
By submitting, you're allowing YAFC Team to email you regarding available listings. You can unsubscribe anytime.

x

McAlister’s Deli – Corporate Guaranty, Pascagoula, MS

McAlister’s Deli – Corporate Guaranty

Price $2,646,000
Cap Rate 5.50%
NOI $145,500
Lease Term 20 Years
Lease Type Absolute NNN, With Tenant Responsible For All Taxes, Insurance, And Maintenance, Including Roof, Structure, And Parking Lot
Rental Increases 1.75% Annual Rental Increases
Year Built Q4 2019
Building Size 3,188 SF
Lot Size 1.28 Acres (55,757 SF)
Status Available
Lead Broker Information Michael T. Yuras, CCIM
Cushman & Wakefield
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Senior Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Ryan Forsyth
Cushman & Wakefield
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Vincent Aicale
Cushman & Wakefield
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Investment Highlights

20-YEAR CORPORATE ABSOLUTE NNN LEASE WITH SCHEDULED RENTAL INCREASES
» Guaranteed by Focus Brands Inc. (over 6,000 locations in 50 countries)
» 20-year initial term, plus three five-year options
» No landlord management, ideal for an out-of-area investor
» 1.75 percent annual rental increases, providing a hedge against inflation

CENTRAL LOCATION NEAR LARGE EMPLOYERS AND RECREATION AREAS
» Across from the Singing River Health System (390 beds, 2,500 employees, $270 million annual economic impact)
» Surrounded by national retailers like Lowe’s Home Improvement, Wendy’s, Pizza Hut, Popeye’s, Office Depot, McDonald’s, Dairy Queen, and much more
» Within two miles of 15 apartment complexes and nine schools
» Easy accessibility to the Gulf of Mexico, Krebs Lake, Pascagoula River, Grand Bay Savannah Coastal Preserve, Bangs Lake, and Pascagoula Bay

NEW 2019 CONSTRUCTION
» Features latest McAlister’s Deli prototype
» Includes drive-thru pick-up window for take-out orders made online or via phone



Property Description

The property is conveniently located on Hospital Road, an outlet road for Denny Avenue, with excellent visibility and access to 10,000 vehicles per day in front of the site. The property is centrally located near large employers and recreation areas. Visibility is increased by the site within walking distance of Pascagoula’s primary health care provider, Singing River Health System (390 beds, 2,500 employees, $270 million annual economic impact). The location is also minutes from some of the most popular recreational attractions in the region, including the Gulf of Mexico, Krebs Lake, Pascagoula River, Grand Bay Savannah Coastal Preserve, Bangs Lake, and Pascagoula Bay.

The site benefits from its location in a highly populated residential area, as it is within two miles of 15 apartment complexes and nine schools. Located in a dense retail corridor, the property is 1.5 miles from a Walmart Supercenter-anchored shopping plaza that features notable tenants like Big Lots, Hibbett Sports, AT&T, T-Mobile, GNC, and GameStop. The property is surrounded by several other major retailers, including Lowe’s Home Improvement, Wendy’s, Taco Bell, Pizza Hut, Popeye’s, KFC, Office Depot, Hardee’s, Burger King, McDonald’s, Dairy Queen, Krystal, and many more.

Contact Us About This Property

JOIN OUR
EMAIL LIST
SUBSCRIBE
Receive Our Latest Single and Multi-Tenant Listings
close-link