McAlister’s Deli

Crossville, Tennessee

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

gkunofsky@nnnpro.com

License: 49KU1129178

Alexandre Marietto

amarietto@nnnpro.com

License: 10401294047

James Westerberg

jwesterberg@nnnpro.com

License: 10401304686

Howard Curd

hcurd@nnnpro.com

License: 10401339720

Broker of record

Brian Brockman

Bang Realty-Tennessee, Inc

License: 343847

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