McAlister's Deli
3,429 SF | 100% Leased | Retail Building | Crossville, TN 38555 | $2,542,373 ($741/SF) | 5.90% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,542,373
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,429 SF
- Price / Square Foot
- $741
Listing Contacts
Glen Kunofsky
Verified Profile
Alexandre Marietto
Verified Profile
James Westerberg
Verified Profile
Howie Curd
Verified Profile
- Property Info
Property Overview
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.
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.
Property Details
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 29,621 SF
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 Responsibilities 5
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