McAlister's Deli

Address

2744 N County Rd W
Odessa, TX 79764

Executive Summary

McAlister's Deli (the “Property”) is a freestanding restaurant property prominently located at 2744 N County Road W in Odessa, Texas, positioned near the signalized intersection of North County Road West and Kermit Highway. The Property benefits from strong visibility, convenient access, and proximity to surrounding retail and commercial developments that generate consistent traffic to the area.

The Property comprises approximately 3,894 square feet situated on approximately 0.69 acres, with an additional adjacent parcel (0.89 acres) totaling approximately 1.55 acres under ownership. Originally constructed in 2012, the building was developed specifically for restaurant use and features ample parking, efficient customer circulation, and a layout suitable for quick-service dining operations.

The Property is 100% leased to McAlister’s Deli, operated by Best Choice Restaurants, LLC, under a 15-year lease that commenced January 1, 2019 and expires December 31, 2033, providing approximately 7.59 years of remaining lease term. The lease includes scheduled rental increases throughout the term, providing built-in income growth and predictable cash flow.

This offering presents investors the opportunity to acquire a stabilized, income-producing restaurant asset with long-term tenancy, located in the heart of the Permian Basin energy market.

Investment Highlights

Long-Term Lease Stability (±7.59 Years Remaining): McAlister’s Deli operates under a 15-year lease (2019–2033) with approximately 7.59 years remaining, providing stable and predictable cash flow for net lease investors.

Scheduled Rental Increases: The lease includes contractual rent escalations during the primary term, increasing monthly rent from $14,000 to $15,400 and ultimately $16,940, providing built-in income growth and inflation protection.

Established National Restaurant Brand: McAlister’s Deli is a nationally recognized fast-casual restaurant concept with hundreds of locations across the United States, supported by strong brand recognition and a loyal customer base.

Well Performing Location: Ranked in the top 1/2 McAlister's Deli Nationwide ~ 140k visits in the last 12 months. Per Placer.ai sales $2.1M ($506.10/psf)

Freestanding Retail Asset: The Property consists of a 3,894-square-foot freestanding restaurant building designed specifically for food service operations, featuring ample parking, strong visibility, and efficient site circulation.

Strategic Retail Corridor Location: Positioned along N County Road W near Kermit Highway, the Property benefits from strong accessibility and visibility within a retail corridor supported by surrounding national retailers and commercial development.

Permian Basin Economic Hub: Located in Odessa, Texas, within the Permian Basin—one of the most productive oil-producing regions in the United States—supporting strong employment, population stability, and long-term retail demand.