Cracker Barrel Old Country Store | 110 Hancock Ln
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Cracker Barrel Old Country Store 110 Hancock Ln
10,333 SF Retail Building Mount Holly, NJ 08060 £3,706,819 (£359/SF) 5.65% Net Initial Yield
Investment Highlights
- 16+ years remaining with 10, five year options providing long term passive control.
- The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL).
- The store exhibits strong underlying store-level performance metrics, boasting a rent to sales ratio of 7%.
- Situated adjacent to the New Jersey Turnpike, seeing more than 88,000+ cars per day
- Located in an affluent area with an average household income of $142,000 within a 1 mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,333 SF
Building Class
C
Year Built
2000
Price
£3,706,819
Price Per SF
£359
Net Initial Yield
5.65%
NOI
£209,451
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
4.68 AC
Parking
149 Spaces (14.42 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £7,135,400 | |
| Land Assessment | £3,294,627 | Total Assessment | £10,430,027 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,294,627
Improvements Assessment
£7,135,400
Total Assessment
£10,430,027
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Phil DiGennaro -
Jordan Koeppel -
Jordan Shtulman -
Joe DiGennaro -
Stream Capital Partners, LLC
1 of 6
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Cracker Barrel Old Country Store | 110 Hancock Ln
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