McAlister's Deli | 19570 Cochran Blvd
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McAlister's Deli 19570 Cochran Blvd
3,100 SF Retail Building Port Charlotte, FL 33948 $3,043,000 ($982/SF) 5.35% Cap Rate
Investment Highlights
- 20-year absolute NNN lease, plus three (3) five-year options
- 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 ($3.4B in revenue)
- Outparcel to Kohl’s and PetSmart in a Major Retail Corridor
- 1.75% rental increase every year, providing a hedge against inflation
- The McAlister’s brand has over 420 restaurants in 28 states and has been awarded numerous industry accolades for its service and customer service
Executive Summary
Prominent Location in a Major Retail Center: Located near the intersection of Cochran Boulevard and U.S. Route 41 / Tamiami Trail with access to more than 76,000 vehicles per day
Outparcel to The Home Depot, Kohl’s, and PetSmart: This McAlister’s Deli will capture a significant amount of crossover traffic from shoppers in this major retail center as well as from other nearby national retailers including Walmart Supercenter, Target, Best Buy, and Sam’s Club
Reliable Customer Base: Less than two miles from Port Charlotte High School (1,559 students) and Charlotte Technical College (250+ students and faculty)
Surrounded by Community Hubs: This property is less than two miles from Port Charlotte Town Center, the largest mall in the area with over 100 stores and 1,000,000 SF of retail space including major anchor tenants Regal, JCPenney, Bealls, and Dillard’s
Strong Demographics: Surrounded by dense residential neighborhoods and just 10 minutes from the new West Port master planned community with approximately 2,000 single family homes and multi family buildings
Outparcel to The Home Depot, Kohl’s, and PetSmart: This McAlister’s Deli will capture a significant amount of crossover traffic from shoppers in this major retail center as well as from other nearby national retailers including Walmart Supercenter, Target, Best Buy, and Sam’s Club
Reliable Customer Base: Less than two miles from Port Charlotte High School (1,559 students) and Charlotte Technical College (250+ students and faculty)
Surrounded by Community Hubs: This property is less than two miles from Port Charlotte Town Center, the largest mall in the area with over 100 stores and 1,000,000 SF of retail space including major anchor tenants Regal, JCPenney, Bealls, and Dillard’s
Strong Demographics: Surrounded by dense residential neighborhoods and just 10 minutes from the new West Port master planned community with approximately 2,000 single family homes and multi family buildings
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,100 SF
Building Class
B
Year Built
2024
Price
$3,043,000
Price Per SF
$982
Cap Rate
5.35%
NOI
$162,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
1.37 AC
Nearby Major Retailers
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Power Broker Michael Yuras -
Power Broker Scott Crowle -
Power Broker Vincent Aicale -
Power Broker Ryan Forsyth -
Cushman & Wakefield
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McAlister's Deli | 19570 Cochran Blvd
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