Ares - Cracker Barrel - Athens, AL_Propriété à vendre
Ares - Cracker Barrel - Athens, AL_Propriété à vendre

Ares - Cracker Barrel - Athens, AL

1212 Kelli Drive, Athens, AL, 35613, US

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 1212 Kelli Drive, Athens, AL (the “Property”). The Property is located just 20 miles from downtown Huntsville, AL in a high trafficked area along Interstate 65 & US HWY 72 with a combined 66,200 VPD. Net sales at the subject location total $4.4 million annually resulting in a 3.36% rent-to-sales and a 5.63x EBITDAR coverage ratio.


Positioned strategically in Athens 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
993 mètres carrés
Année de construction
1990
Superficie du terrain brute
1,49 ha
Prix demandé
3 446 000 $
Taux de capitalisation
5,85 %
Type de bail
Triple Net Absolu
RNI
202 000 $
Durée restante du bail
15 années

Média

Points forts de l'investissement

• 10 hotels in the immediate surrounding area totaling 707 keys

• 25 miles away from downtown Huntsville, AL

• $130K strong average household income within a 1-mile radius

• 5.63x Rent/EBITDAR coverage at the subject location

• 3.68 acres situated on an oversized parcel

• Established national tenant operating for over 55 years

• Absolute NNN with zero landlord responsibilities

• Adjacent to Interstate 65 & US HWY 72 with a combined 66,200 VPD



Ares - Cracker Barrel - Athens, AL 4_Propriété à vendre
Ares - Cracker Barrel - Athens, AL 4_Propriété à vendre

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Dernière mise à jour
24 juil. 2025