Cracker Barrel NNN Property For Sale
This investment offering presents a compelling opportunity to acquire a net-leased Cracker Barrel property. Cracker Barrel is a well-known American chain of restaurant and gift stores with a distinctive Southern country theme, established in 1969. The company operates over 660 stores across 45 states, making it a highly recognizable and stable tenant. This property benefits from a long-term NNN lease with attractive rent escalations, providing a predictable income stream for investors.
- Asking price $3.25M
- 5.75% cap rate
- NOI $194,375
- 10 years remaining
- NNN lease
- Building size: 9,250 SF
- Lot size: 2.50 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: NNN