Tag: casual dining

Tenant Profile – Ruby Tuesday

From humble beginnings in 1972 in Knoxville, TN, Ruby Tuesday has grown into one of the premier casual dining chains not just in the United States, but around the world. Currently operating over 500 locations with over 32,000 employees, we can see how far this restaurant has come. In 2017, the chain went private after being acquired by NRD Capital Management, based out of Atlanta, GA.…

Amanda WillisTenant Profile – Ruby Tuesday

Miller’s Ale House Sells for $3,250,000 in Alpharetta, GA

Ft. Lauderdale, FL – The Calkain team of Patrick Nutt, Sheree Strome and Keelee Peterson represented the seller in the disposition of Miller’s Ale House in Alpharetta, Georgia earlier this week.  Selling at $3,250,000 with a 6.61% cap rate, the deal illustrates the strength in the restaurant sector of the net lease marketplace.

Miller’s Ale House is located in an extremely high traffic area in the core of Atlanta’s retail market with over 3,000,000 square feet of surrounding retail.  Having recently extended their lease with a new 10 year term, this long-tenured Ale House location was attractive to investors.

Patrick …

Traci BidingerMiller’s Ale House Sells for $3,250,000 in Alpharetta, GA