Cracker Barrel - Murrells Inlet, SC

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Cracker Barrel (the "Tenant") located in Murrells Inlet, SC (the "Property" or "Asset"). The Tenant executed a 20-year absolute NNN lease with 1.00% annual rental escalations in 2020. The lease has 15 years remaining with ten, 5-year renewal options. The Property has over 209,000+ visits annually (per Placer.ai).

The immediate trade area has strong demographics with a dense local population of 66,000+ and an average household income of $100K+ within a five-mile radius. This offering presents the opportunity to acquire long term passive income with zero landlord obligations from a widely recognized American casual dining operator with high value intrinsic real estate.