1898 N Morristown Rd, Shelbyville, IN 46176

ABSOLUTE NNN LEASE WITH ANNUAL RENT INCREASES

Cracker Barrel's absolute NNN lease features ±14.4 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.

excellent performer

The subject property is an excellent performer with strong sales and a low rent-to-sales ratio.

EXCELLENT INTERSTATE ACCESS & VISIBILITY

Located approximately 23 miles southeast of downtown Indianapolis and 74 miles northwest of downtown Cincinnati, Cracker Barrel is positioned with excellent access and visibility along State Route 9 (15,554 VPD), just feet from access to Interstate 74 (41,938 VPD) which provides direct connectivity from Indianapolis to Cincinnati.

STRATEGIC LOCATION

Cracker Barrel is immediately adjacent to Culver's and across State Route 9 from Wendy's and Speedway. Other proximate tenants include Texas Corral, MHP MedWorks Pharmacy, YMCA, Ashford Place Assisted Living and Walker Place Retirement Community.

PRIMARY RETAIL & COMMERCIAL CORRIDOR

In total, there are 1.9 MSF of retail and 1,808 multifamily units within a 3-mile radius of the site, with nearby businesses including Holiday Inn Express (74 rooms), Comfort Inn & Suites (58 rooms), EconoLodge (50 rooms), Hampton by Hilton (57 rooms), Super 8 (60 rooms), Waffle House, Zaxbys, Taco Bell, Emhardt Pediatric Dentistry, Shell, On the Hill Events and Hallmark Orthodontics, to name a few.

Additionally, there are 5.3 MSF of industrial within a 3-mile radius of Cracker Barrel, with tenants including KN Platech America, MBCI, Triumph Thermal Systems, Nucor, Shelby Materials, Runnebohm Construction, Pilkington North America and Indiana Precision Forge, among others.