Cracker Barrel NNN Investment 1927 Stanton Way Local commercial 1 000 m² À vendre Lexington, KY 40511 2 063 790 € (2 063,01 €/m²) Taux de capitalisation 5,78 %

LONG TERM ABSOLUTE NNN LEASE: Fresh 10 year extension with 9+ years remaining with annual rental increases. Absolute NNN lease structure with no Landlord responsibility makes this a great long term, passive investment opportunity

CORPORATE GUARANTEED LEASE: The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL)
LONG UNIT OPERATING HISTORY: Cracker Barrel opened at this location in 1978 showing their commitment to this location and the market

STRONG INTERSTATE EXIT: Situated at Interstate Exit 115 where I-75 and I-64 are merged, seeing more than 100,000+ cars per day. This is the first interest exit for Lexington if you are coming south on I-75 from Cincinnati, OH or east on I-64 from Louisville, KY.

QUALITY UNDERLYING REAL ESTATE LOCATION: Stanton Way has 5 hotels with over 450 rooms along with the new +/- 300 acre Providence Business Center where new building construction has recently started.

LARGER LOT SIZE: With a large lot size over 4 acres, this location has a RV and Bus parking lot that adds value for this Cracker Barrel location, as well as adds value for future redevelopment potential