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McAlister's Deli 2539 SE Washington Blvd 3,759 SF Retail Building Bartlesville, OK 74006 $2,850,000 ($758.18/SF) 5.75% Cap Rate
Executive Summary
True NNN Lease | Tenant Responsible for Roof & Structure, Delivering Passive, Management-Free Ownership With No Landlord Capital Obligations or Operating Expense Exposure
Scheduled 8% Rent Increase in November 2027 Lifts the Going-In Yield from 5.75% to Approximately 6.21%, a ~46 Basis Point Increase in Return Within the First Five Years of Ownership
Anchored by a Stable Corporate Employment Base | Bartlesville is the Birthplace And Longtime Home of Phillips Petroleum, Now Phillips 66 And ConocoPhillips, Whose Major Bartlesville Campus Remains the Area’s Largest Employer (Click HERE for More Info)
McAlister’s Deli | 500+ Restaurants Across 29 States And a Flagship Brand Within GoTo Foods, the Roark Capital-Owned Platform Operating Over 7,400 Locations in All 50 States And 71 Countries
Positioned on Bartlesville’s Primary Retail Corridor | SE Washington Boulevard Along U.S. Highway 75 is the City’s Dominant Commercial Artery, Surrounded by Established National Retail Including Walgreens, Chili’s, Freddy’s, And Atwoods
Regional Hub of Northeast Oklahoma | County Seat of Washington County And the Dominant Retail, Medical, And Employment Center for a Broad Rural Trade Area, Roughly 50 Miles North of Tulsa, Pulling Demand Well Beyond the City’s ~39,000 Residents
Property Facts
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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McAlister’s Deli is a fast-casual restaurant chain known for its handcrafted sandwiches, fresh salads, giant spuds, and signature sweet tea. Founded in 1989 in Oxford, Mississippi, the brand has grown into a national concept offering dine-in, takeout, delivery, and catering services. McAlister’s menu emphasizes variety, featuring classic deli sandwiches, soups, and lighter options to accommodate diverse dietary preferences. The company also provides family-friendly meals and customizable catering packages for events and business gatherings. McAlister’s Deli operates under the umbrella of Focus Brands, a leading developer of global foodservice brands. The chain is recognized for its casual dining atmosphere and commitment to convenience, with locations across the United States. McAlister’s Deli is privately held and continues to expand its footprint through a combination of company-owned and franchised restaurants.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - |
Nearby Major Retailers
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McAlister's Deli | 2539 SE Washington Blvd
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