Restaurant
New Construction Corporate Jack's | 20 Year Ground Lease | 10% Increases Every 5 Years
380 US-51, Dyersburg, TN 38024
Listing Price: $1,294,118
Cap Rate
4.25%
Tenant Name
Jack's Family Restaurants
Years Remaining On Lease
18.4
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Ground Lease
Rent Per Square Feet
$18.33
Investment Overview
Marcus & Millichap is pleased to bring to market Jack's Family Restaurant located in Dyersburg, TN.
New Construction Corporate Jack's | 20 Year Ground Lease | 10% Increases Every 5 Years
Investment Highlights
- Brand New Twenty (20)-Year Ground Lease | 10 Percent Rental Increases Every Five Years
- High Quality 2021 Construction with Drive-Thru | Corporate Lease with over 220 Locations and Expanding
- Jack's is an American Fast Food Chain Operating in the Southern U.S. | All Locations are Corporate Owned/Guaranteed | New Locations Open at a Rate of 15 Per Year
- Outparcel to Dyersburg Commons a Nationally Anchored Power Center
- Dyersburg Commons Tenants Include Hobby Lobby, Marshall's, Old Navy, Ulta Beauty, Five Below, PetSense, Hibbett Sporting Goods, Maurice's, Rack Room Shoes, and Bath and Body Works
- Positioned Along US-51 a Four-Lane Bypass with Dedicated Turns Which Sees Over 19,000 VPD and Troy Road Which Sees Nearly 10,000 VPD
- Dyersburg is the Main Retail, Medical, and Employment Hub for the TN, AR, and MO Tri-State Region | Other Surrounding Retailers Include Walmart, Kroger, Lowe's, Tractor Supply Co, Harbor Freight Tools, Dollar Tree, and CVS
- County Seat of Dyer County | Just 50-Miles from Jackson and 75-Miles Northeast of Downtown Memphis
Exclusively Listed By
Broker of Record
Financing By
Restaurant
New Construction Corporate Jack's | 20 Year Ground Lease | 10% Increases Every 5 Years
Listing Price: $1,294,118
Cap Rate
4.25%
Tenant Name
Jack's Family Restaurants
Years Remaining On Lease
18.4
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Ground Lease
Rent Per Square Feet
$18.33
Investment Highlights
- Brand New Twenty (20)-Year Ground Lease | 10 Percent Rental Increases Every Five Years
- High Quality 2021 Construction with Drive-Thru | Corporate Lease with over 220 Locations and Expanding
- Jack's is an American Fast Food Chain Operating in the Southern U.S. | All Locations are Corporate Owned/Guaranteed | New Locations Open at a Rate of 15 Per Year
- Outparcel to Dyersburg Commons a Nationally Anchored Power Center
- Dyersburg Commons Tenants Include Hobby Lobby, Marshall's, Old Navy, Ulta Beauty, Five Below, PetSense, Hibbett Sporting Goods, Maurice's, Rack Room Shoes, and Bath and Body Works
- Positioned Along US-51 a Four-Lane Bypass with Dedicated Turns Which Sees Over 19,000 VPD and Troy Road Which Sees Nearly 10,000 VPD
- Dyersburg is the Main Retail, Medical, and Employment Hub for the TN, AR, and MO Tri-State Region | Other Surrounding Retailers Include Walmart, Kroger, Lowe's, Tractor Supply Co, Harbor Freight Tools, Dollar Tree, and CVS
- County Seat of Dyer County | Just 50-Miles from Jackson and 75-Miles Northeast of Downtown Memphis
Investment Overview
Marcus & Millichap is pleased to bring to market Jack's Family Restaurant located in Dyersburg, TN.
Exclusively Listed By
Broker of Record
Financing By
