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

Jack’s Family Restaurants

Net Lease

332 25th Street NE, Cleveland, Tennessee
Ownership Type:
Fee Simple
Price:
$2,051,282
Cap Rate:
5.85%
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.:
3,654 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
  • NNN Lease: Zero Landlord Responsibilities
  • Corporate Ownership: All units are corporately operated; Jack’s benefits from centralized management, operational consistency, and strong support systems, reducing uncertainty for investors regarding the franchisee’s performance
  • Established Brand Recognition: Jack’s Family Restaurants is well-known in the fast-food sector across its footprint, with a loyal customer base for its Southern-style menu
  • Growth: 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 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
  • Strong Retail Corridor: Strategically Located Nearby Numerous National Retailers Including Circle K, Dominoes, Walgreens, Taco Bell and Cookout
  • Chattanooga MSA: Located Just Outside Chattanooga with a MSA Population of over 600,000
  • Prime Location: Positioned Directly on 25th St NW, a High-Traffic Corridor With Over 28,000 Vehicles Per Day (VPD)
Ownership Type:
Fee Simple
Price:
$2,051,282
Cap Rate:
5.85%
Current Rent:
$120,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
3,654 SF
Rent Increases:
10% every 5 years

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Adam Baxter

Vice President
205 394 3520[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

Broker of Record: Connor Shell TN Lic: 371818

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