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Cracker Barrel Old Country Store 14 Frontage Dr

9,696 SF Retail Building Clinton, NJ 08809 $5,648,778 ($583/SF) 5.65% Cap Rate

Restaurants New Jersey Clinton 14 Frontage Dr, Clinton, NJ 08809

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
$5,648,778
Price Per SF
$583
Cap Rate
5.65%
NOI
$319,140
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.42 AC
Zoning
CN - Commercial Neighborhood
1 of 1

Nearby Major Retailers

Bubbakoo's Burritos
Orangetheory Fitness
ShopRite
Cracker Barrel Old Country Store
TD Bank
Wells Fargo Home Mortgage
Jazzercise
PNC Bank
Bank of America

PROPERTY TAXES

Parcel Number 10-00005-0000-00001-0000-C0001 Improvements Assessment $265,000
Land Assessment $935,000 Total Assessment $1,200,000

PROPERTY TAXES

Parcel Number
10-00005-0000-00001-0000-C0001
Land Assessment
$935,000
Improvements Assessment
$265,000
Total Assessment
$1,200,000
(203) 610-1541

Contacts

  • Listing ID: 31331500

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 14 Frontage Dr, Clinton, NJ 08809

More public record information on 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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Cracker Barrel Old Country Store | 14 Frontage Dr
(203) 610-1541 x

Cracker Barrel Old Country Store | 14 Frontage Dr

1/4

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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