Cracker Barrel: Kingman, AZ
Retail | 6.10% CAP | 9,948 SqFt
Marketing description
The CBRE Net Lease Property Group is pleased to offer for sale the 9,948-square-foot Cracker Barrel Old Country Store situated on 3.16 acres in Kingman, AZ (MSA population: 225,785). Cracker Barrel's absolute NNN lease features ±14.1 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.
Investment highlights
ABSOLUTE NNN LEASE WITH ANNUAL RENT INCREASES
Cracker Barrel's absolute NNN lease features ±14.1 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.
TOP VISITED LOCATION | #3 CRACKER BARREL IN THE STATE OF ARIZONA
By visits, this Kingman location ranks among the top 15% of Cracker Barrel's in the state of Arizona, according to Placer.ai.
EXCELLENT INTERSTATE ACCESS & VISIBILITY
Located approximately 91 miles southeast of Las Vegas and 166 miles northwest of Phoenix, Cracker Barrel is located at the hard-corner signalized intersection of Stockton Hill Road (23,669 VPD) and Airway Avenue (17,285 VPD), just feet from access to Interstate 40 (38,827 VPD).
STRATEGIC LOCATION
Cracker Barrel is immediately adjacent to Culver's and directly across the street from Kroger, CVS, Papa John's and T-Mobile. Other tenants in the vicinity include Dunkin', Lakeside Heart and Vascular, Fresnius Kidney Care, Jersey Mike's Subs, Great Clips, Cricket Wireless, Walgreens, Chipotle Mexican Grill, McDonald's, AutoZone and Discount Tire, among others.
PRIMARY RETAIL & COMMERCIAL CORRIDOR
The property is located within Kingman's primary retail and commercial corridor with a total of 2.4 MSF of retail, 1 MSF of office and 1,112 multifamily units within a 3-mile radius of the site. Additional retailers within 1 mile from the site include Walmart Supercenter, Safeway, The Home Depot, PetSmart, Petco, Staples, Ross Dress for Less, Boot Barn, O'Reilly Auto Parts, Taco Bell, Rent-A-Center, Big 5 Sporting Goods, Dutch Bros Coffee, TrueValue, Discount Tire, Jimmy John's, Subway, Chevron, KFC, Carl's Jr., Dominos and Sally Beauty, to name a few.
Additionally, Cracker Barrel is just feet from Kingman Regional Medical Center (235 beds), Kingman Academy of Learning (1,349 students), as well as Hampton Inn (86 rooms), LaQuinta (94 rooms) and the under-construction Avid (95 rooms), which has an estimated delivery of 2026.
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