For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5608 Wendy Bagwell Pky Hiram, GA 30141

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,480,471

    3,726 Gross SQFT McAlister`s Deli - Hiram, GA

    Property size:
    3,726 SF
    Lot size:
    1.46 Acres
    Price / 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

    We can help!

    Listing Contact
    Bennett Holman

    Listing agent Bennett

    Listing office Matthews Real Estate Investment Services | Atlanta

    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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hiram
    County
    Paulding
    State
    Georgia
    Longitude
    -84.735494
    Latitude
    33.8845

    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.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message