Pinnacle Bank - Raleigh, NC (Falls of Neuse Rd)
4525 Falls of Neuse Road, Raleigh, NC, 27609, US
3 219 000 $ | 395 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Cracker Barrel Old Country Store, Inc (the “Tenant”) at 5 Crowell Road in Asheville, NC (the “Property”). The Property is located just 10 minutes from downtown Asheville in a high trafficked area along I-40 and Smokey Park HWY with a combined 123,000 VPD. Net sales at the subject location total $3.5 million annually resulting in a 4.19% rent-to-sales and a 2.98x EBITDAR coverage ratio.
Positioned strategically in Ashville’s strong retail, hospitality, and residential corridor with excellent visibility from major highways, this absolute NNN Cracker Barrel investment
opportunity offers a secure income stream backed by a nationally recognized brand with over five decades of operational success and continued revenue growth.
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Attributs
Superficie du bâtiment nette
1 020 mètres carrés
Année de construction
1992
Superficie du terrain brute
1,56 ha
Prix demandé
3 468 000 $
Taux de capitalisation
5,85 %
Type de bail
Triple Net Absolu
RNI
203 000 $
Durée restante du bail
15 années
Média
Points forts de l'investissement
• Adjacent to 4 hotels (300+ keys) and 500 multifamily units
• 10 Miles away from Downtown Asheville, NC
• Strong average household income of $111K within 3-mile radius
• Population of 70,000 within five-mile radius
• 3.86 Acres situated on an oversized parcel
• Established National Tenant (Cracker Barrel) operating for over 55 years
• Absolute NNN with Zero Landlord Responsibilities
• Adjacent to Interstate 40 & Along Smoky Park HWY with a combined 123,000 VPD
Contactez les courtiers
Ares - Cracker Barrel - Asheville (0 Propriétés)
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Dernière mise à jour
24 juil. 2025
