Established Cracker Barrel Restaurant For
188 Vann Dr Jackson, TN
For Sale
Contact for pricing
Single-tenant Cracker Barrel in Jackson, TN with strong revenue.
Property Size10,000 SF
Lot Size2.83 Acres
Price / SF$222.30
Days on Market333
Property Features for 188 Vann Dr
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.83 Acres
- Property subtype
- RETAIL
Listing Agency:
JLL | Miami
(305) 913-5545
Listed By:
Alex Sharrin · License #IL 475.170243
(305) 913-5545
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Miami
Investment Insights
Based on property information with market context.
The property is a single-tenant Cracker Barrel restaurant located at 188 Vann Drive, Jackson, TN. Situated strategically between Memphis and Nashville, the property benefits from high traffic along I-40 and U.S. Route 45, with a combined traffic volume of 81,000 vehicles per day. The Cracker Barrel location has been operating in Jackson, TN for over 10 years and ranks in the top 34% most visited in the state of Tennessee. Cracker Barrel has more than 660 locations across 44 states and reported nearly $3.5 billion in revenue during fiscal year 2024, representing a 0.8% year-over-year increase. The property offers a secure income stream backed by a nationally recognized brand with over five decades of operational success and continued revenue growth. The property size is 10,000 square feet.
Key Highlights
- Secure income stream from a nationally recognized brand (Cracker Barrel) with over 50 years of operational success.
- High‑traffic location situated between Memphis and Nashville along I‑40 and U.S. Route 45, with a combined 81,000 vehicles per day.
- Cracker Barrel's strong financial performance, reporting nearly $3.5 billion in revenue in fiscal year 2024.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.0k | $18.00 |
| − Vacancy | −$4.9k | −$0.49 |
| EGI | $175.1k | $17.51 |
| − OpEx | −$43.8k | −$4.38 |
| NOI | $131.4k | $13.14 |
10,000 SF · lease $18.00/SF/yr · vacancy 2.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.88M
$1.64M – $2.19M
NOI $131,355 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$1.46M
$1.28M – $1.70M
NOI $102,165 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,144 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cracker Barrel Old ...
Restaurant
FAQs
What type of property is this?
Breakfast & diner - Single-tenant Cracker Barrel in Jackson, TN with strong revenue.
Where is this breakfast & diner located?
The property is located at 188 Vann Dr Jackson, TN.
What is the asking price?
The asking price for this property is $2,223,000.
What are key features of this property?
This property features: Secure income stream from a nationally recognized brand (Cracker Barrel) with over 50 years of operational success.; High‑traffic location situated between Memphis and Nashville along I‑40 and U.S. Route 45, with a combined 81,000 vehicles per day.; Cracker Barrel's strong financial performance, reporting nearly $3.5 billion in revenue in fiscal year 2024.
