Restaurant
Cracker Barrel Ground Lease
11612 Amargosa Road, Victorville, CA 92392
Listing Price: $5,400,000
Investment Overview
The subject property consists of newly constructed prototypical Cracker Barrel restaurant consisting of 9,113 square feet sitting on an approximate 2.2 acre parcel of land.
The building was tastefully constructed with all of the rustic features Cracker Barrel Old Country Store restaurants are well known for, covered front porch with rocking chairs, brown paneled siding, metal roof and authentic Americana antiques. The offering is a 15 year corporate ground lease ( fee interest ), with publicly traded Cracker Barrel restaurant (Nasdaq:CBRL) with 10% rent increases every 5 years. This is southern Californias first Cracker Barrel and the grand opening was an overwhelming success that generated a tremendous wait from loyal Cracker Barrel patrons.
Exclusively Listed By
Restaurant
Cracker Barrel Ground Lease
Listing Price: $5,400,000
Investment Highlights
- NNN Ground Lease with 10% Increases
- Excellent Location, Explosive Trade Area
- Tremendous Demographic Growth. Diverse and Experienced pool of Workers
Investment Overview
The subject property consists of newly constructed prototypical Cracker Barrel restaurant consisting of 9,113 square feet sitting on an approximate 2.2 acre parcel of land.
The building was tastefully constructed with all of the rustic features Cracker Barrel Old Country Store restaurants are well known for, covered front porch with rocking chairs, brown paneled siding, metal roof and authentic Americana antiques. The offering is a 15 year corporate ground lease ( fee interest ), with publicly traded Cracker Barrel restaurant (Nasdaq:CBRL) with 10% rent increases every 5 years. This is southern Californias first Cracker Barrel and the grand opening was an overwhelming success that generated a tremendous wait from loyal Cracker Barrel patrons.
Exclusively Listed By
