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Investment Highlights

  • 13 Years Remaining | Southern Rock Restaurants Operator (190+ Units)
  • Directly Across From Southland Shopping Center (9.1 M Annual Visits)
  • Strong Demographics and Daytime Population in 5-Mile Trade Area
  • NNN | New 20-Year Roof Warranty | Minimal Landlord Responsibilities
  • New ALDI & Starbucks Development | Frontage to 35,820 VPD

Executive Summary

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest in a newer (2024) McAlister’s Deli with a drive-thru, featuring the company’s latest prototype design. The lease is guaranteed by Southern Rock Restaurants, LLC, the largest McAlister’s franchisees with 165+ locations with an additional 73 units in active development, providing a strong corporate-backed security. The property has 13 years remaining on the lease, with 10% rent increases every 5 years, delivering consistent NOI growth and protection against inflation, making it an attractive, long-term investment. The property includes a new 20-year roof warranty, which will be transferred to the Buyer at Closing, and features minimal landlord responsibilities, making this an ideal, low-management investment for out-of-state or passive investors.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,714 SF
Year Built
2024
Price
$2,492,000
Price Per SF
$670.97
Cap Rate
6%
NOI
$149,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.03 AC
Zoning
GB - General Business
Parking
34 Spaces (9.15 Spaces per 1,000 SF Leased)
Frontage
302’ on PEARL RD

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

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 Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Crunch Fitness
UFC Gym
Starbucks
7 Brew Coffee
Fifth Third Bank
Applebee's
Dollar Bank
Citizens
Giant Eagle
PNC Bank

Property Taxes

Property Taxes

Parcel Number
372-20-031
Land Assessment
$737,600
Improvements Assessment
$763,300
Total Assessment
$1,500,900
  • Listing ID: 41625323

  • Date on Market: 8/10/2026

  • Last Updated:

  • Address: 6768 Pearl Road Rd, Middleburg Heights, OH 44130

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