Starbucks/Heartland Dental - Lino Lakes, MN
601 Apollo Dr, Lino Lakes, MN, 55014, US
$4,940,000 | 6,440 sf
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.
...
Attributes
Building area net
10,687 sf
Year built
1990
Land area gross
3.68 acres
Asking price
$2,516,000
Cap rate
5.85%
Lease type
Absolute Triple Net
NOI
$148,000
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)
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 24, 2025
