6768 Pearl Road Rd - Fast Food FOR SALE


Middleburg Heights, OH 44130
$2,492,000 USD
619-997-1242
6768 Pearl Road Rd, Middleburg Heights, OH for Sale
$2,492,000 USD
Fast Food - FOR SALE
1/9
null | 6% Cap Rate

6768 Pearl Road Rd
Middleburg Heights, OH 44130


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,492,000 USD

PRICE/SF

$727 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McAlister's Deli | 13yrs Remain NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

CROSS STREETS

W 130th Street

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

GB

APN/PARCEL ID

372-20-049

ASK ABOUT THIS PROPERTY

Greg LabarreSRS Real Estate PartnersMore Info
619-997-1242

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Greg LabarreSRS Real Estate PartnersMore Info
619-997-1242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.