Cracker Barrel

5200 San Antonio Drive Northeast, Albuquerque, NM 87109

$2,718,488

Cap Rate 5.85%

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DOM: 70 Updated: 08.15.25 Posted: 08.15.25 Status: Active 08.15.25

Summary

Price $2,718,488	Built/Renov 1996	Tenant Cracker Barrel
Cap Rate 5.85%	Lease Type Abs NNN	Guarantor Corp Traded
Size/SF 10,137	Lease Start 08-04-2020	#Units 660
Price/SF $268.17	Expiration 07-31-2040	Tenant Type Casual Dining
NOI $159,032	R. Term 14.11	Ownership Fee Simple
Rent/SF $15.69	Increases 1.0%/2/yrs	Pop 5Mi 212,930
Lot/AC 3.05	Options 10/5yrs/1%	AHHI 5Mi $106,785

Highlights

Cracker Barrel has operated at this location since 1996 with 10 five-year renewal options followed by four FMV renewal terms.
The lease features 1% annual rental increases
Base Rent during any Fixed Renewal Term is initially set to 101% of the Base Rent for the immediately preceding year. Base Rent during any FMV Renewal Term is initially set to the Market Rate.
Absolute NNN Lease | Zero Landlord Responsibilities
Corporate guarantee

Location Description

Cracker Barrel is strategically located along San Antonio Drive NE in Albuquerque, New Mexico, with access to a combined daily traffic count of approximately 175,258 vehicles from San Antonio Drive NE (21,013 VPD), Pan American Frontage Road North (27,369 VPD), and Interstate 25 / CanAm Highway (126,876 VPD). The site is surrounded by major national retailers including Target, Walmart...

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Key Features

Oversized lot
In location for years
Freeway close
Highway location
Dense 100M+ pop 5 mi
Top 100 MSA
Long 15+ yr lease
Annual rent increases
Traded and rated company
Corporate Guarantee

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Links

Cracker Barrel Wikipedia Cracker Barrel Wikipedia Albuquerque, New Mexico Zip code 87109 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Cracker Barrel
Guarantor:Corp Traded
Company:Cracker Barrel Old Country Store, Inc.
# Units:660
Stock: NASDAQ: CBRL

About Tenant

Cracker Barrel Old Country Store, Inc., doing business as Cracker Barrel, is an American chain of restaurant and gift stores with a Southern country theme. The company was founded by Dan Evins...

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Demographics

	1 Miles	3 Miles	5 Miles
2030 Total Population :	8,835	93,373	214,326
2025 Total Population :	8,731	92,144	212,911
2025 Employed Civilian Pop :	4,550	48,122	113,057
2025 Total Businesses :	1,371	5,807	13,007
2025 Average Household Income :	$ 76,373	$ 103,356	$ 106,754
2025 Total Consumer Spending :	$ 293 M	$ 3748 M	$ 8956 M
2025 Median Age :	45	42	43
2025 Total Households :	4,414	41,925	97,206
2025 Pop Age 25+: Bachelor's Degree :	1,402	16,857	40,170
2025 Average Home Value :	$ 243,257	$ 370,271	$ 401,837

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Pan American Frontage Road Northbound	Forest Hills Dr NE	2022	13,996	0.05 mi
FR-2523-P	Forest Hills Dr NE	2021	13,844	0.05 mi
Pan American Frontage Road Northbound	Shcaranda	2022	10,028	0.08 mi
San Antonio Drive Northeast	Fern NE	2018	11,056	0.08 mi
Pan American Freeway	San Antonio Dr NE	2018	9,476	0.11 mi
Pan American Frontage Road Northbound	Forest Hills Dr NE	2018	3,520	0.11 mi
	Pan American Pl NE	2022	10,752	0.12 mi
	I- 25	2022	19,560	0.12 mi
I 25	San Antonio Dr NE	2021	120,822	0.12 mi
Pan American Frontage Road Southbound	Ellison St NE	2022	12,102	0.15 mi

Listing Broker

Brian Pfohl

CBRE: NLPG Atlanta

Contact

155 Listings
41659 Views
79 Sold

Chris Bosworth

CBRE: NLPG Atlanta

Contact

157 Listings
42199 Views
82 Sold

Brian Pfohl

Brian Pfohl is an Executive Vice President with CBRE’s Net Lease Property and Corporate Capital Markets practice groups. Mr. Pfohl’s singular focus is to advise corporate users, institutions, private equity firms, REITs, developers, and private individuals regarding all facets of net-leased properties. Mr. Pfohl’s expertise stems from the myriad of sale-leaseback transactions, net lease investment sales, programmatic portfolio dispositions, and advisement assignments he has completed throughout

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Chris Bosworth

Chris Bosworth is a Vice Chairman and Managing Director of the CBRE Net Lease Property Group and Corporate Capital Markets practice. Mr. Bosworth’s focus is to advise institutions, private equity firms, REITs, developers and corporate users regarding all facets of net-leased properties. In his career, Mr. Bosworth and his partners, Will Pike and Brian Pfohl, have been responsible for the disposition of 3,900 transactions valued in excess of $29 billion. Mr. Bosworth and Mr. Pike co-head the

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