Jack’s Family Restaurants

9783 Highway 43 South, Creola, AL
Deal Type:
Net Lease
Price:
$1,982,759
Cap Rate:
5.80%
Current Rent:
$115,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
4, 5-year options
Building Sq. Ft.:
3,572 SF
Rent Increases:
10% every 5 years

Investment Highlights

  • Corporately guaranteed by all 260+ Jack’s locations
  • “Built-in” credit enhancement – Jack’s is growing by approximately 20 new locations per year
  • Extremely conservative rent to sales ratio
  • Brand new, high quality construction
  • Affluent submarket as the average household income is ~ $103,400 within a three mile radius of the store
  • Situated along highly trafficked Highway 43, seeing more than 24,500 VPD

Listing Agents

Adam English

Managing Director
256 694 9803
[email protected]

Adam Baxter

Vice President
205 394 3520
[email protected]

Broker of Record: Jonathan Wolfe, Lic: #000116991 – 0

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