Lowest Cap Rate
5.70%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.89%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
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
5.90
5.80
5.35
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
Smithfield, NC5.85%
Smyrna, TN5.75%
Kennesaw, GA5.90%
Top Consumer Traffic
Smithfield, NC541,700
Middlesboro, KY501,400
Clarksville494,500
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
