STREAM Capital Partners > Properties > All Properties > Jack’s Family Restaurant

Jack’s Family Restaurant

Sale Leaseback

6625 Caroline St., Milton, Florida
Ownership Type:
Fee Simple
Price:
$2,182,000
Cap Rate:
5.50%
Current Rent:
$120,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
3,572 SF
Rent Increases:
10% every 5 years

Investment Highlights

  • Long-Term Lease Commitment: The 20-year net lease provides substantial term stability, ensuring reliable and predictable cash flow.
  • Excellent Local Demographics: Located in an affluent trade area with average household incomes exceeding $90,000 within a seven-mile radius, supporting strong and consistent tenant performance
  • Prime Location: Situated along Caroline Street, a major commuter corridor, the property benefits from excellent visibility and traffic counts of approximately 26,000 vehicles per day.
  • Strong Surrounding Retail: Surrounded by leading national retailers including McDonald’s, Tractor Supply, Arby’s, and Regions Bank, which provide consistent traffic and consumer draw to the area.
  • Corporate Ownership Guarantee: All units are corporately operated; Jack’s benefits from centralized management, operational consistency, and strong support systems, reducing uncertainty for investors regarding a franchisee’s performance
  • Established Brand Recognition: Jack’s Family Restaurants is a well-established fast-food brand across its footprint, recognized for its strong market presence and loyal customer base drawn to its distinctive Southern-style menu and consistent dining experience.
  • Scalable Growth Strategy: With an ongoing expansion strategy of 20 new locations annually, investing in Jack’s aligns with the growth trajectory of a brand committed to increasing its market footprint, resulting in enhanced long-term value for investors.
  • Proven successful Business Model: Jack’s Family Restaurants operates under a successful and proven business model, allowing for operational efficiencies and effective marketing strategies that contribute to consistent performance and profitability
Ownership Type:
Fee Simple
Price:
$2,182,000
Cap Rate:
5.50%
Current Rent:
$120,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
3,572 SF
Rent Increases:
10% every 5 years

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Ben Hollis

Senior Associate
256.595.2574[email protected]

Broker of Record: Sasha Dominguez, BK3339010

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