Pinnacle Bank - Kernersville, NC
211 Broad Street, Kernersville, NC, 27284, US
2.998.000 € | 613 m²
Beschreibung
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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Eigenschaften
Gebäudefläche netto
1.020 m²
Baujahr
1992
Grundstücksfläche brutto
1,56 Hektar
Angebotspreis
2.169.000 €
Rendite
5,85 %
Mietvertragstyp
Absolute-Triple-Net
NOI
127.000 €
Restlaufzeit des Mietvertrags
15 Jahre
Medien
Investment-Highlights
• 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
Makler kontaktieren
Cracker Barrel - Asheville (0 Objekte)
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Zuletzt aktualisiert
5. Aug. 2025
