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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.

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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