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 $4,698,123 ($455/SF) 5.65% Cap Rate
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
$4,698,123
Price Per SF
$455
Cap Rate
5.65%
NOI
$265,464
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.68 AC
Zoning
C-N - Commercial Neighborhood
Parking
149 Spaces (14.42 Spaces per 1,000 SF Leased)
Frontage
42 FT on Hancock Lane
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $9,043,600 | |
Land Assessment | $4,175,700 | Total Assessment | $13,219,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,175,700
Improvements Assessment
$9,043,600
Total Assessment
$13,219,300
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Cracker Barrel Old Country Store | 110 Hancock Ln
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