Cracker Barrel Old Country Store

14 Frontage Rd, Clinton, NJ
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Landlord Responsibilities:
Renewal Options:
10, Five year
Building Sq. Ft.:
9,696 SF
Rent Increases:
1% Annually
Site Size:
2.42 Acres

Investment Highlights

  • Long Term Absolute NNN Lease: 16+ years remaining with 10, five year options providing long term passive control.
  • Well Positioned: Situated along Route 78, seeing over 100,000+ cars per day directly adjacent to the property.
  • Corporate Guaranteed Lease: The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL)
  • Strong Local Demographics: Located in an affluent area with an the average household income of $162,000 within a 3 mile radius.
  • Healthy Rent to Sales: The store exhibits strong underlying store-level performance metrics, boasting a rent to sales ratio of 6%.
  • Walmart Anchored Center: Situated next to national anchors such as Walmart Supercenter and T.J. Maxx.

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]
Joe DiGennaro Stream Capital Partners

Joe DiGennaro

203 895 1171
[email protected]

Broker of Record: Michael Antonplos, NJ – 8132327


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