800 Happy Valley St - Restaurant FOR SALE


Cave City, KY 42127
$3,568,639 USD
703-477-1315
800 Happy Valley St, Cave City, KY for Sale
$3,568,639 USD
Restaurant - FOR SALE
1/9
null | 5.75% Cap Rate

800 Happy Valley St
Cave City, KY 42127


HIGHLIGHTS

  • Absolute NNN lease with annual rent increases.
  • Strong sales and a low rent-to-sales ratio.
  • Excellent interstate access and visibility.
  • Major draw to Mammoth Cave National Park.

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 10,0009-square-foot Cracker Barrel Old Country Store situated on 2.26 acres in Cave City, KY. Cracker Barrel's absolute NNN lease features ±14.9 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

$3,568,639 USD

PRICE/SF

$357 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Cave City, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

159

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

C

APN/PARCEL ID

60-6F-1

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 Notice.