1200 Boone Avenue Ext - Restaurant FOR SALE


Kingsland, GA 31548
$3,748,046 USD
703-477-1315
1200 Boone Avenue Ext, Kingsland, GA for Sale
$3,748,046 USD
Restaurant - FOR SALE
1/6
null | 5.85% Cap Rate

1200 Boone Avenue Ext
Kingsland, GA 31548


HIGHLIGHTS

  • Excellent Performer with Strong Sales
  • Excellent Interstate 95 (66,100 VPD) Access & Visibility
  • Surrounded by Retail & Commercial Corridors

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 9,995-square-foot Cracker Barrel Old Country Store situated on 4.90 acres in Kingsland, Georgia (MSA Population: 58,683). Cracker Barrel's absolute NNN lease features ±15.0 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.

FOR SALE DETAILS

PRICE

$3,748,046 USD

PRICE/SF

$395 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Kingsland, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

-

APN/PARCEL ID

095-009C

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.