Investment Highlights
20-year initial term, plus three (3) five-year options
1.75% rental increase every year, providing a stable long-term income generator
The McAlister?s brand has over 560 restaurants in 29 states and has been awarded numerous industry accolades for its service and customer satisfaction
No landlord management, ideal for an out-of-area investor
Guaranteed by Focus Brands, LLC, a leading developer of global multi-channel food service brands ($3.9B in revenue)
Executive Summary
High-visibility and easily accessible location at the signalized intersection of Saginaw Road and Reid Road, combining for 42,012 vehicles per dayProminent location in Downtown Grand Blanc surrounded by major national retailers including Walmart Supercenter, ALDI, Starbucks, Kohl?s, Kroger, Sam?s Club, Panera Bread, Wendy?s, Burger King, Tim Hortons, QDOBA, and several others.Less than one mile from Grand Bland High School (2,518 students and faculty) and Indian Hill Elementary School (530 students)Within five miles of Ascension Genesys Hospital (2,400+ employees and 353 staffed beds)Surrounded by dense residential neighborhoods and single-family housing developments, establishing a strong and stable customer base for the site85,106 residents live within five miles of the siteThe average household income within five miles of the property is projected to increase by 15% in the next five years, poising Grand Blanc and McAlister?s Deli for strong concurrent growthGateway to Flint, Michigan, the fourth-largest metropolitan area in Michigan with a population of 406,892 in 2020
