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Investment Highlights

  • Cracker Barrel Old Country Store Restaurant With 10+ Years Remaining
  • Most Secure Form of Ownership
  • Excellent Visibility From US Hwy 27, Being a Great Resting Spot for Travelers and Locals Alike
  • Ground Lease Requiring Zero Landlord Responsibilities
  • Healthy 5-Mile Demographics With 21,838+ Residents
  • Attractive 13.75% Rental Increase to Occur in September 2028

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Cracker Barrel in Harriman, TN. The subject property is a ground lease with absolutely zero landlord responsibilities, being the most secure form of ownership.
Broker of Record - Brian Brockman - (513) 898-1551 - Bang Realty-Tennessee Inc - TN #343847

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,000 SF
Building Class
C
Year Built
1998
Price
$2,556,720
Price Per SF
$255.67
Cap Rate
5%
NOI
$127,836
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.21 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
65 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
269’ on Roane St

Amenities

  • Pylon Sign
  • Car Charging Station
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Cracker Barrel Old Country Store
Krystal
Shoney's
Ruby Tuesday
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
035-038.01
Land Assessment
$260,000
Improvements Assessment
$312,520
Total Assessment
$572,520
  • Listing ID: 29995574

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 1839 S Roane St, Harriman, TN 37748

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