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McAlister’s Deli

Crossville, Tennessee

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NNN Pro is pleased to present the exclusive listing for a McAlister’s Deli
located at 2293 North Main Street, Crossville, TN 38555. The site consists
of roughly 3,429 rentable square feet of building space on an estimated
0.68-acre parcel of land. This McAlister’s Deli is subject to a 20-year Triple
Net (NNN) lease which will commence upon close of escrow. The annual
rent will be $150,000 and is scheduled to increase by 10.00% Every 5 Years.

Investment Highlights:

  • Brand New Construction | Priced Below Development Cost
  • Southern Rock Restaurants | Largest McAlister’s Deli Franchisee with 150+ Units in 12 States
  • Long-Term, 20-Year Triple Net Lease | Lease to Commence at the Close of Escrow with Zero Landlord

Key Details

Price:
$2,654,867
Cap Rate:
5.65%
Annual Rent:
$150,000
Address:
2293 North Main Street, Crossville, Tennessee 38555
Property Type:
Restaurant - Quick Service
Lease Type:
Triple Net (NNN)

Original Lease Term:
20
Lease Commencement:
Upon Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20
Rental Increases:
10.00% Every 5 Years
Lot Size:
0.68 Acres
Building Size:
3,429 SF
Year Built:
2023
Tenant:
McAlister’s Deli

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Alexandre Marietto

License: 10401294047

James Westerberg

License: 10401304686

Howard Curd

License: 10401339720

Broker of record

Brian Brockman

Bang Realty-Tennessee, Inc

License: 343847


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