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Cracker Barrel: Kingman, AZ 3520 Stockton Hill Rd 9,948 SF Retail Building Kingman, AZ 86409 $5,801,395 ($583.17/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- The subject property is an excellent performer with strong sales.
- Approximately 91 miles southeast of Las Vegas and 166 miles northwest of Phoenix.
- By visits, this Kingman location ranks among the top 15% of Cracker Barrel's in the state of Arizona, according to Placer.ai.
EXECUTIVE SUMMARY
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 ±14.9 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,948 SF
Building Class
B
Year Built
1999
Price
$5,801,395
Price Per SF
$583.17
Cap Rate
5.75%
NOI
$333,580
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.18 AC
Opportunity Zone
Yes
Parking
112 Spaces (11.26 Spaces per 1,000 SF Leased)
Frontage
327’ on Stockton Hill Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 320-03-193 | Improvements Assessment | $987,922 |
| Land Assessment | $1,404,490 | Total Assessment | $2,392,412 |
PROPERTY TAXES
Parcel Number
320-03-193
Land Assessment
$1,404,490
Improvements Assessment
$987,922
Total Assessment
$2,392,412
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Leah Lindell -
Abby Kelly -
Kaitlyn Wolf -
Katie Goldberg -
Ben Farthing -
CBRE
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Cracker Barrel: Kingman, AZ | 3520 Stockton Hill Rd
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