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Cracker Barrel Old Country Store 14 Frontage Dr

9,696 SF Retail Building Clinton, NJ 08809 £4,430,958 (£457/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 6%.
  • Situated along Route 78, seeing over 100,000+ cars per day directly adjacent to the property.
  • Located in an affluent area with an the average household income of $162,000 within a 3 mile radius.
  • Situated next to national anchors such as Walmart Supercenter and T.J. Maxx.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,696 SF
Building Class
C
Year Built
2000
Price
£4,430,958
Price Per SF
£457
Net Initial Yield
5.65%
NOI
£250,337
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
2.42 AC
Zoning
CN - Commercial Neighborhood
1 of 1

PROPERTY TAXES

Parcel Number 10-00005-0000-00001-0000-C0001 Improvements Assessment £207,869
Land Assessment £733,423 Total Assessment £941,292

PROPERTY TAXES

Parcel Number
10-00005-0000-00001-0000-C0001
Land Assessment
£733,423
Improvements Assessment
£207,869
Total Assessment
£941,292
(203) 610-1541

  • Listing ID: 31331500

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 14 Frontage Dr, Clinton, NJ 08809

The Retail Property at 14 Frontage Dr, Clinton, NJ 08809 is currently available For Sale. Contact Stream Capital Partners, LLC for more information.

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© 2024 CoStar Group

Cracker Barrel Old Country Store | 14 Frontage Dr
(203) 610-1541 x

Cracker Barrel Old Country Store | 14 Frontage Dr

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Phil DiGennaro

(203) 610-1541

(203) 610-1541

Jordan Koeppel

(561) 789-5504

(561) 789-5504

Jordan Shtulman

(847) 226-4133

(847) 226-4133

Joe DiGennaro

(203) 895-1171

(203) 895-1171

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