Starbucks/Heartland Dental - Lino Lakes, MN
601 Apollo Dr, Lino Lakes, MN, 55014, US
CHF 3,930,000 | 598 m²
Description
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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Attributes
Building area net
993 m²
Year built
1990
Land area gross
1.49 ha
Asking price
CHF 2,002,000
Cap rate
5.85%
Lease type
Absolute Triple Net
NOI
CHF 118,000
Remaining lease term
15 years
Media
Investment Highlights
• 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
Contact brokers
Ares - Cracker Barrel - Athens, AL (0 Properties)
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Last updated
24 Jul 2025
