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McAlister’s Deli 2511 Beene Blvd | Bossier City (Shreveport), LA
71111
N
Actual Location
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Confidential Disclaimer
Stan Johnson Company6120 S Yale Ave Suite 300 Tulsa, OK 74136P:
918.494.2690
stanjohnsonco.com
In Association with: Brad Pepin LA License
#BROK.0995687899-ASA
Gill Warner, CCIM Senior [email protected] P: +1
918.794.9512
Sharon JordanSenior [email protected] P: +1
918.794.9513
Offered Exclusively by
This Confidential Offering Memorandum (“COM”) is provided by
Stan Johnson Company (“SJC”), solely for your consideration of the
opportunity to acquire the commercial property described herein
(the “Property”). This COM may be used only as stated herein and
shall not be used for any other purpose, or in any other manner,
without prior written authorization and consent of SJC.
This COM does not constitute or pertain to an offer of a
security or an offer of any investment contract. This COM contains
descriptive materials, financial information and other data
compiled by SJC for the convenience of parties who may be
interested in the Property. Such information is not all inclusive
and is not represented to include all information that may be
material to an evaluation of the acquisition opportunity presented.
SJC has not independently verified any of the information contained
herein and makes no representations or warranties of any kind
concerning the accuracy or completeness thereof. All summaries and
discussions of documentation and/or financial information contained
herein are qualified in their entirety by reference to the actual
documents and/or financial statements, which upon request may be
made available. An interested party must conduct its own
independent investigation and verification of any information the
party deems material to consideration of the opportunity, or
otherwise appropriate, without reliance upon SJC.
The Property may be financed or withdrawn from the market
without notice, and its owner(s) reserve(s) the right to negotiate
with any number of interested parties at any time. The Property is
offered and sold by its owner(s) as is, where is, and with all
faults, without representation or warranty of any kind except for
any customary warranties of title.
BY ACCEPTING THIS COM, YOU AGREE THAT: (1) all information
contained herein, and all other information you have received or
may hereafter receive from SJC relating to the Property, whether
oral, written or in any other form (collectively, the
“Information”), is strictly confidential; (2) you will not copy or
reproduce, and claim as your own without attribution to SJC, all or
any part of this COM or the Information; (3) upon request by SJC at
any time, you will return and/or certify your complete destruction
of all copies of this COM and the Information; (4) for yourself and
all your affiliates, officers, employees, representatives, agents
and principals, you hereby release and agree to indemnify and hold
harmless SJC all of its affiliates, officers, employees,
representatives, agents and principals, from and with respect to
any and all claims and liabilities arising from or related to the
receipt or use of this COM and/or any other Information concerning
the Property; (5) you will not provide this COM or any of the
Information to any other party unless you first obtain such party’s
acceptance and approval of all terms, conditions, limitations and
agreements set forth herein, as being applicable to such party as
well as to you; and (6) monetary damages alone will not be an
adequate remedy for a violation of these terms and that SJC shall
be entitled to equitable relief, including, but not limited to,
injunctive relief and specific performance, in connection with such
a violation and shall not be required to post a bond when obtaining
such relief.
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McAlister’s Deli - Bossier City, LA2
The Offering
Investment HighlightsWell Established Location This Property has
been at this location for over 11 years and is in the “hot spot” of
the Bossier City market.
New Extended Lease Term McAlister’s Corporation exercised their
first five (5) year renewal option in April 2016 which extends the
lease to March 31, 2021.
Strong Annual Increases The lease offers 2% annual increases for
the extended term and the remaining one (1), five (5) year renewal
option.
Great Demographics The Property is located in an affluent area
with an average household income of over $91,600 in a 1-mile
radius.
Dense Location The Property is located in a dense retail area
with no additional lots available near major, well-known tenants
that include Target, Academy Sports + Outdoors, Sam’s Club, Best
Buy, The Home Depot, Old Navy, Chick-fil-A, and Olive Garden, among
others; it is on the same street as the Willis-Knighton Bossier
Health Center, a very large and successful hospital and medical
complex. Limited Landlord Responsibilities The NN lease has the
Landlord responsible for only the roof and structure and Tenant
responsible for all other expenses including taxes, insurance,
utilities and common area maintenance.
Stan Johnson Company is pleased to offer for sale to qualified
investors a McAlister’s Deli (the “Property”) located in Bossier
City, Louisiana. Bossier City is a city in Bossier Parish,
Louisiana, on the eastern bank of the Red River and is closely tied
to its larger sister city, Shreveport, on the opposite bank.
The Property is situated on a 1.07 acre site and is 100% leased
to McAlister’s Corporation. McAlister’s Deli has operated at this
location for over eleven (11) years and extended their first five
(5) year renewal option in April 2016 through March 2021. There are
2% annual increases during the remainder of the extended term and
the remaining five (5) year renewal option.
This Property is located in an extremely strong retail area with
no additional lots to build on in the immediate area. Beene
Boulevard, the street the Property sits on, leads to a very large
and successful hospital and medical complex that generates a lot of
business, in addition to the other activity in the immediate area.
The Property’s location is the “hot spot” in the Bossier City
market and will only continue to get better.
Purchase Price: $2,154,110 Cap Rate: 9.00%
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McAlister’s Deli - Bossier City, LA3
Rent Schedule
Years Annual Rent Annual % Increases
12 (4/1/17 – 3/31/18) (Current) $193,870 2.00%
13 (4/1/18 – 3/31/19) $197,747 2.00%
14 (4/1/19 – 3/31/20) $201,702 2.00%
15 (4/1/20 – 3/31/21) $205,736 2.00%
Tenant Name: McAlister’s Corporation
Property Address: 2511 Beene Blvd. | Bossier City, LA 71111
Building Size (SF): 4,176 SF (approximate)
Land Size: 1.07 Acres (approximate)
Year Constructed: 2006
Rent Commencement: April 1, 2006
1st Option Exercised: April 1, 2016
1st Option Expiration: March 31, 2021
Primary Term: Ten (10) years + Five (5) year (renewal exercised
4/1/16)
Options: One (1), five (5) year renewal
NOI: $193,870
Escalation: 2% annually
Lease Type: Fee Simple
Expenses: NN – Roof and structure
Actual Location
Lease Abstract
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Tenant OverviewMcAlister’s Deli was founded in 1989.
McAlister’s® Deli is a fast casual restaurant chain known for their
sandwiches, spuds, soups, salads, desserts and McAlister’s Famous
Sweet Tea. In addition to dine-in and take-out service, they also
offer catering with a selection of sandwich trays, box lunches,
desserts, a hot spud bar and more. With numerous industry
accolades, the McAlister’s brand has 341 restaurants in 24
states.
Technomic recognized McAlister’s twice in its Chain Restaurant
Consumers’ Choice Awards — in 2014 as the top kid-friendly fast
casual chain and in 2013 as the top fast casual chain for food and
beverage. In 2014, Nation’s Restaurant News named McAlister’s the
top limited-service sandwich chain in its Consumer Picks Survey.
Also in 2014, QSR Magazine recognized the brand as one of the “Best
Franchise Deals” and named McAlister’s to its QSR 50 list.
FastCasual.com also recognized the brand on its “Top 100 Movers and
Shakers” list of 2014, and Franchise Business Review named
McAlister’s one of 2014’s “Top Franchises” in the Food and Beverage
category based on franchisee satisfaction.
Representative Photo
Representative Photo
McAlister’s Deli offers:
• Extensive catering opportunities
• Favorable sales-to-investment ratio
• Attractively positioned in the growing fast casual restaurant
segment
• Award-winning quality food and beverages
• Industry leader in hospitality
For more than 20 years, McAlister’s Deli has been offering a
unique combination of hearty-sized deli fare, quick and exceptional
service and warm hospitality.
For more information: www.mcalistersdeli.com
Recognitions | Awards
NRA Show - Interview - Carin Stutz NRN Top 100 List Fast Casual
Top 100 Movers & Shakers
Top 200 Franchise Systems - McAlister’s Ranked #143 Top Food
Franchises - Franchise Business Review Restaurant Development &
Design QSR Top 50 QSR - Fresh Ideas: Iced Tea List of Restaurant
Chains with Best Service
2015
2014
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Bossier City is a city located in Bossier Parish, Louisiana and
sits along the east bank of the Red River across from Shreveport in
Northwest Louisiana. The metropolitan area in Bossier City is
growing and has over 62,000 residents. Bossier City has easy access
by major highways including I-20, I-49, I-220, US Hwy. 80, 71, 171,
and State Hwy. 3. The Shreveport Regional Airport is located just
seven miles from Bossier City via I-20.
Bossier City is also home to four riverboat casinos/hotels:
Horseshoe, Diamond Jacks, Boomtown and Margaritaville. Harrah’s
Louisiana Downs, a first class thoroughbred racetrack with
slot machines, is located on the east side of the city with
three new hotels on the property. In May 2005, the Louisiana
Boardwalk, a 550,000-square-foot shopping and entertainment complex
opened in Bossier City, featuring outlet shopping, several
restaurants, a 14-screen movie theater, a bowling complex, and a
Bass Pro Shops.
Bossier City is full of beautiful parks and open spaces,
cultural events, and great restaurants. From the Outlets at
Louisiana Boardwalk with its unique outlet stores to world-class
entertainment, Bossier City is poised to deliver a memorable
experience to its guests.
Shreveport, just 2 miles west, is the third-largest city in the
state of Louisiana and the 113th-largest city in the United States.
It is the seat of Caddo Parish and extends along the Red River into
neighboring Bossier Parish. Shreveport is the commercial and
cultural center of the Ark-La-Tex region, where Arkansas,
Louisiana, and Texas meet.
Shreveport is home to several theatres, museums, and performing
arts groups such as: Academy of Children’s Theatre, Barnwell
Memorial Garden and Art Center, Louisiana Dance Theatre, and many
more.
Location Overview
Bossier City, LA
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McAlister’s Deli - Bossier City, LA6
NA
irlin
e D
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02
VP
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Viking Dr (8,671 VPD)
I - 220 (23,239 VPD)
Ben
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Rd
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VP
D) GREENACRES
MIDDLE SCHOOL
AIRLINE HIGH SCHOOL
WILLIS-KNIGHTON BOSSIER HEALTH
CENTER
PROMISE HOSPITAL - BOSSIER CITY
APOLLO ELEMENTARY
SCHOOL
PLANTATION PARK ELEMENTARY
SCHOOL
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McAlister’s Deli - Bossier City, LA7
Demographics2511 Beene Blvd. | Bossier City, LA 74441 0 - 1 mi.
0 - 3 mi. 0 - 5 mi.
Population
2016 Population 5,312 31,018 77,653
2021 Population 5,538 32,905 82,150
2010-2016 Annual Rate 0.83% 1.35% 1.28%
2016-2021 Annual Rate 0.84% 1.19% 1.13%
Households
2016 Total Households 2,333 12,580 30,196
2021 Total Households 2,458 13,418 32,075
2010-2016 Annual Rate 0.96% 1.39% 1.28%
2016-2021 Annual Rate 1.05% 1.30% 1.21%
2016 Average Household Income $91,623 $62,955 $61,023
2016-2021 Annual Rate 1.74% 1.69% 1.81%
2016 Median Household Income $70,922 $45,466 $41,296
2016-2021 Annual Rate 2.05% 2.28% 2.37% N
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going beyond
The information contained herein was obtained from sources
believed reliable, however, Stan Johnson Company makes no
guaranties, warranties or representations as to the completeness
thereof. The presentation of this property for sale, rent or
exchange is submitted subject to errors, omissions, change of price
or conditions, or withdrawal without notices.
Offered Exclusively by
Stan Johnson Company6120 S Yale Ave Suite 300 Tulsa, OK 74136P:
918.494.2690
stanjohnsonco.com
Gill Warner, CCIM Senior Director [email protected] P:
+1 918.794.9512
Sharon Jordan Senior Analyst [email protected] P: +1
918.794.9513
In Association with: Brad Pepin LA License
#BROK.0995687899-ASA
