Investment Highlights

20-YEAR ABSOLUTE NNN GUARANTEED LEASE WITH ANNUAL RENTAL INCREASES
» Guaranteed by Focus Brands, Inc., a leading developer of global multi channel foodservice brands ($3.4 billion in revenue, 6,000+ locations in 50 countries)
» 20-year initial term, plus three (3) five-year options
» No landlord management, ideal for an out-of-area investor
» 1.75 percent annual rental increases, providing a hedge against inflation

EASILY ACCESSIBLE LOCATION IN HIGHLY POPULATED AREA
» 79,148 residents within a five-mile radius of the property
» Easily accessibly location near the signalized four-way intersection of McMillan Road and Thomas Road (32,515 AADT)
» Beneficial proximity to highly trafficked Louisiana thoroughfares, including Interstate 20 (80,748 AADT) and Cypress Street (18,910 AADT)
» Excellent location in a major commuter corridor, with close proximity to several high-density single-family developments
» Projected nine percent average annual household income increase within five miles of the site in the next five years, poising McAlister’s Deli and West Monroe for concurrent growth

CENTRAL LOCATION NEAR LARGE EMPLOYERS, RETAILERS, AND COMMUNITY HUBS
» Relocation from a highly successful site across the street, ensuring a strong existing customer base for the property
» Property is shadow-anchored by West Monroe Plaza, which features Big Lots, Hobby Lobby, Office Depot, and more
» Across the street from Glenwood Regional Medical Center, one of West Monroe’s largest employers (278 beds, 1,156 employees) and part of the Steward Health Care System, the largest private, tax-paying physician-led health care network in the U.S.
» Glenwood offers comprehensive healthcare services, including emergency care, heart care, advanced surgical procedures, diagnostic imaging, maternity care, rehabilitation services, and help for a broad range of medical conditions
» Surrounded by a strong mix of well-established national tenants in a dense retail corridor, including Walmart Supercenter, Harbor Freight Tools, Academy Sports + Outdoors, McDonald’s, Cracker Barrel, Chick-fil A, and many more

NEW 2021 CONSTRUCTION
» Features latest McAlister’s Deli prototype
» Includes drive-thru pick-up window for take-out orders made online or via phone

Property Description

SOLD

Road, with visibility and access to 32,515 vehicles per day. The site also maintains beneficial access to highly trafficked Louisiana thoroughfares, including Interstate 20 (80,748 AADT) and Cypress Street (18,910 AADT). The property benefits from its central location in a highly populated area, with 79,336 residents living within a five-mile radius of the location. The site maintains an excellent location in a major commuter corridor, with close proximity to several high-density single family developments. With a projected nine percent average annual household income increase within five miles of the site in the next five years, McAlister’s Deli and West Monroe are poised for concurrent growth.

The site benefits from its location near large employers, retailers, and community hubs. The site is a relocation restaurant from a highly successful site across the street, ensuring a strong existing customer base. The location is shadow-anchored by West Monroe Plaza, which features Big Lots, Hobby Lobby, Office Depot, and more. The site is across the street from Glenwood Regional Medical Center, one of West Monroe’s largest employers (278 beds, 1,156 employees) and part of the Steward Health Care System, the largest private, tax-paying physician-led health care network in the U.S. Glenwood offers comprehensive healthcare services, including emergency care, heart care, advanced surgical procedures, diagnostic imaging, maternity care, rehabilitation services, and help for a broad range of medical conditions. The property is also surrounded by a strong mix of national tenants in a dense retail corridor, including Walmart Supercenter, Harbor Freight Tools, Academy Sports + Outdoors, McDonald’s, Cracker Barrel, Chick-fil-A, and many more.