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Cracker Barrel: Harrison, OH 615 Ring Rd 10,027 SF Retail Building Harrison, OH 45030 $6,313,369 CAD ($629.64 CAD/SF) 5.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Annual Rent Increases
- Top Visited Location | Top 13% of Cracker Barrel's in the state of Ohio by visits (Placer.ai)
- Outparcel to 166,000 SF New Haven Center | Remke, Family Farm & Home, Anytime Fitness, Dollar Tree
- Strong Performance | Low Rent-To-Sales Ratio
- Excellent Interstate Access & Visibility | I-74 (44,982 VPD)
- Cincinnati, OH-KY-IN MSA (Population: 2.29M+)
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 10,027-square-foot Cracker Barrel Old Country Store situated on 2.50 acres in Harrison, Ohio — part of the Cincinnati, OH-KY-IN MSA (MSA Population: 2.29M+). Cracker Barrel's absolute NNN lease features ±14.7 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 (six fixed renewal terms, followed by four FMV renewal terms).
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,027 SF
Building Class
C
Year Built
1998
Price
$6,313,369 CAD
Price Per SF
$629.64 CAD
Cap Rate
5.75%
NOI
$363,019 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.50 AC
Zoning
Commercial
Parking
153 Spaces (15.26 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 561-0011-0041 | Improvements Assessment | $679,939 CAD |
| Land Assessment | $501,821 CAD | Total Assessment | $1,181,759 CAD |
PROPERTY TAXES
Parcel Number
561-0011-0041
Land Assessment
$501,821 CAD
Improvements Assessment
$679,939 CAD
Total Assessment
$1,181,759 CAD
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Cracker Barrel: Harrison, OH | 615 Ring Rd
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