Jack’s Family Restaurants

819 Forrest Ave., East Brewton, AL
Deal Type:
Sale Leaseback
Price:
$1,695,000
Cap Rate:
5.90%
Current Rent:
$100,000
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
Site Size:
0.54 Acres

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 with truck parking
  • Affluent submarket as the average household income is nearly $60,000 within a five-mile radius of the store
  • Traffic counts in front of the property exceed 11,200 vehicles per day
  • The city of East Brewton is located in south central Alabama, approximately two hours North of the gulf coast beaches, a popular tourist destination

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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