Lowest Cap Rate
5.70%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.91%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
6.05%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Cracker Barrel is a popular casual dining restaurant with over 660 locations in 45 states. Cracker Barrel is in a category of their own with the classic home-cooking menu options they offer. On average Cracker Barrel offers a 10-year lease period with a 10% rent escalation each of the 5 years in addition to 5-year options periods after the base term. Since Cracker Barrel does not franchise their restaurants, they are difficult to find in the market.
Property & Lease
Sales Price Range$2,500,000 - $5,500,000
NOI Range$120,000 - $250,000
Building SF10,000
Lease Term20 Years
Escalations10% Every 5 Years
Stock SymbolNASDAQ:CBRL
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
N/A
5.93
5.70
5.54
N/A
6.83
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Gastonia, NC5.75%
Athens, AL5.85%
Virginia Beach, VA6.58%
Top Consumer Traffic
Smithfield, NC541,700
Middlesboro, KY501,400
Clarksville494,500
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
