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Cracker Barrel: Pooler, GA 1000 E Highway 80 E 9,667 SF Retail Building Pooler, GA 31322 $6,817,669 CAD ($705.25 CAD/SF) 5.95% Cap Rate
Investment Highlights
- The subject property is an excellent performer with strong sales.
- Absolute NNN lease with annual increases.
- The property is surrounded by a wealth of hospitality with 3,854 total rooms within a 3-mile radius.
Executive Summary
The CBRE Net Lease Property Group is pleased to offer for sale the 9,667-square-foot Cracker Barrel Old Country Store situated on 2.86 acres in Pooler, GA- a component of the Savannah, GA MSA (population: 437,261). Cracker Barrel's absolute NNN lease features ±14.4 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,667 SF
Building Class
B
Year Built
1998
Price
$6,817,669 CAD
Price Per SF
$705.25 CAD
Cap Rate
5.95%
NOI
$405,651 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.86 AC
Zoning
C-2 - Commercial
Parking
162 Spaces (16.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 5098502011 | Improvements Assessment | $312,535 CAD |
| Land Assessment | $545,927 CAD | Total Assessment | $858,462 CAD |
Property Taxes
Parcel Number
5098502011
Land Assessment
$545,927 CAD
Improvements Assessment
$312,535 CAD
Total Assessment
$858,462 CAD
Contacts
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Cyrus Felfeli -
Leah Lindell -
Katie Goldberg -
Abby Kelly -
Kaitlyn Wolf -
CBRE
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Cracker Barrel: Pooler, GA | 1000 E Highway 80 E
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