110 Hancock Ln - Restaurant FOR SALE
Mount Holly, NJ 08060 |
$4,698,123 USD
203-610-1541
110 Hancock Ln
Mount Holly, NJ 08060
HIGHLIGHTS
- 16+ years remaining with 10, five year options providing long term passive control.
- Situated adjacent to the New Jersey Turnpike, seeing more than 88,000+ cars per day
- The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL).
- Located in an affluent area with an average household income of $142,000 within a 1 mile radius.
- The store exhibits strong underlying store-level performance metrics, boasting a rent to sales ratio of 7%.
FOR SALE DETAILS
PRICE
$4,698,123 USD
PRICE/SF
$455 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cracker Barrel Old Country Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
149
LAND DETAILS
LAND ACRES
4.68 AC
LAND SF
203,861 SF
ZONING
-
APN/PARCEL ID
37-00905-0000-00001
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203-610-1541
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Please correct the highlighted field(s).
203-610-1541
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