5608 Wendy Bagwell Pky Hiram, GA 30141
3,726 Gross SQFT McAlister`s Deli - Hiram, GA
Property size:
3,726 SFLot size:
1.46 AcresPrice / SF:
$934/SF- Added:
- Jan 16, 2025
- Days on Market:
- 468
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 5608 Wendy Bagwell Pky
General Information
- Standard status
- Active
- Property type
- Other retail properties, Individual retail properties, Retail properties & Spaces
- Size
- 3,726 SF
- Class
- B
- Elevators
- N/A
- Lot size
- 1.46 Acres
- Net Operating Income
- $191,426
Building Details
- Year Built
- 2019
- Buildings
- 1
- Stories
- 1
Listing agent Bennett (770) 316-3926
Listing office Matthews Real Estate Investment Services | Atlanta (770) 316-3926
Listing date Jan 16, 2025
Overview
McAlister's Deli Investment Opportunity
This investment opportunity features a 3,726 square foot McAlister's Deli building on 1.46 acres in Hiram, Georgia. Constructed in 2019, the property has a modern design, including a drive-thru and outdoor patio seating. It is located in a major retail corridor, surrounded by national retailers such as Walmart, Hobby Lobby, Home Depot, Sam's Club, Target, JCPenney, AMC Theatres, and ALDI. The property is near Wellstar Paulding Medical Center, a 294-bed Level IV Trauma center. The location benefits from strong demographics, with significant population density and high average household incomes within a 5-mile radius (approximately 3,899 within 1 mile, 35,694 within 3 miles, and 97,351 within 5 miles; average household incomes of approximately $93,800, $114,100, and $115,700 respectively). A new 20-year lease commenced in December 2024, featuring a built-in inflation hedge with 10% rent increases every five years, and three additional five-year renewal options, each with a 10% rent increase. The lease is an absolute NNN lease, eliminating all landlord responsibilities. The lease is guaranteed by Red Door Brands, LLC, the franchisee, and personally guaranteed by the operator. Red Door Brands operates 25 stores across multiple brands. The property's location is within the Atlanta MSA. The net operating income is $191,426.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
McAlister's Deli
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Hiram
- County
- Paulding
- State
- Georgia
- Longitude
- -84.735494
- Latitude
- 33.8845
Nearby Similar for Sale
FAQs
What type of property is this?
Other retail property - 3,726 Gross SQFT McAlister`s Deli - Hiram, GA
Where is this other retail property located?
The property is located at 5608 Wendy Bagwell Pky Hiram, GA.
What is the asking price?
The asking price for this property is $3,480,471.
What are key features of this property?
This property features: Lease Guaranty from Red Door Brands, LLC, the franchisee, and Personal Guaranty from the Operator; Red Door Brands operates 25 stores for multi‑brands including McAlister’s, Arby’s, Del Taco, and Little Caesars; McAlister’s Deli, headquartered in Atlanta, has over 550 locations in 29 states. The fast‑casual restaurant chain is known for its sandwiches, soups, sweet tea, and hospitality.
