Pinnacle Bank - Raleigh, NC (Falls of Neuse Rd)
4525 Falls of Neuse Road, Raleigh, NC, 27609, US
2 001 000 € | 395 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 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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Caractéristiques de l'actif
Surface de l'actif Net
1 020 m²
Année de construction
1992
Taille du terrain Brut
1,56 hectare
Prix attendu
2 156 000 €
Taux de capitalisation
5,85 %
Type de bail
Triple net
Revenu net
127 000 €
Durée restante du bail
15 ans
Média
Points clés d'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
Contacter l'équipe
Ares - Cracker Barrel - Asheville (0 actifs)
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
24 juil. 2025
