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27076368
27076369

1000 US-80, Pooler, GA 31322 For Sale

TC
GA 374849
CBRE Atlanta
CB
GA GA 248342
CBRE - Atlanta
BP
GA 349355
CBRE - Atlanta
CBRE - Atlanta
Listed by CBRE Atlanta, CBRE - Atlanta
$4,916,773
306 days on market
Updated 43 days ago

Cracker Barrel: Pooler, GA

Details
Property Type Retail
Sub Type Restaurant
Square Footage 9,667
Net Rentable (SqFt) 9,667
Units 1
Cap Rate 6.1%
NOI $299,923
Occupancy 100%
Tenancy Single
Brand/Tenant Cracker Barrel
Lease Type Absolute NNN
Lease Expiration 07/31/2040
Remaining Term 14
Rent Bumps Yes
Lease Options Ten, 5-Year Options (Six Fixed Renewal Terms, Followed by Four FMV Renewal Terms)
Price per SqFt $509
Year Built 1998
Buildings 1
Stories 1
Acreage 2.860
Parking Spaces 162 spaces
Parking per 1,000 SqFt 16.76
Investment Type Net Lease

Retail | 6.10% CAP | 9,667 SqFt

Marketing description

The CBRE Net Lease Property Group is pleased to offer for sale the 9,667-square-foot Cracker Barrel Old Country Store situated on 2.86 acres in Pooler, GA- a component of the Savannah, GA MSA (population: 437,261). 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.

STRATEGIC LOCATION WITH INTERSTATE ACCESS

Situated immediately adjacent to on/off ramps to Interstate 95 (97,700 VPD), Cracker Barrel benefits from a prime location with excellent access and visibility along US Highway 80 (14,500 VPD) less than 9 miles west of Savannah. The property is situated next to Quality Inn & Suites (55 rooms) and Taco Bell, with other nearby businesses including McDonald's, KFC, Waffle House, Subway, Burger King, Wendy's, Camping World RV Sales, EnMarket, Golden Root Yoga, Mr. Handyman, Fun Zone and The National Museum of the Mighty Eighth Air Force, to name a few.

DENSE HOSPITALITY NODE

The property is surrounded by a wealth of hospitality with 3,854 total rooms within a 3-mile radius. Numerous hotels, including Drury Inn, Savannah Hotel & Conference Center, Best Western, Quality Inn & Suites, Microtel Inn & Suites, Baymont Inn & Suites, Sleep Inn & Suites and LaQuinta, are located within one mile. Less than two miles north at the next interstate exit, 20+ hotels can be found, such as Hyatt Place, DoubleTree, Fairfield Inn & Suites, Hilton Garden Inn, Tru by Hilton, Hampton Inn & Suites, Courtyard, Aloft, and Residence Inn, among many others. Furthermore, the upscale Four Points by Sheraton is currently under construction with an anticipated delivery of January 2026.

Listing Contacts

TC
GA 374849
CBRE Atlanta
CB
GA GA 248342
CBRE - Atlanta
BP
GA 349355
CBRE - Atlanta
CBRE - Atlanta
Listed by CBRE Atlanta, CBRE - Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$299,923.00
$24,993.58/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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Additional Information

Name
Thomas Carr
License
374849
Brokerage Phone
703-477-1315
Title
GA
Name
Chris Bosworth
License
GA 248342
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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