Ares - Cracker Barrel - Asheville

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.