Restaurant
Huddle House
459 Washington St, Clarkesville, GA 30523
Listing Price: $1,147,582
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for Huddle House located at 459 Washington Street, Clarkesville, GA. The property consists of 2,080 square feet of building space and is situated on approximately 0.44 acres of land. The Huddle House is subject to an original 20-year triple-net (NNN) lease with 17-years of lease term remaining. The lease features 7.50% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal options. The lease features a corporate guaranty from Huddle House, Inc.
Listing Price: $1,147,582
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Approximately 17.0 Years Remaining
- Seven and a Half Percent (7.5%) Rental Increases Occurring Every Five (5) Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for Huddle House located at 459 Washington Street, Clarkesville, GA. The property consists of 2,080 square feet of building space and is situated on approximately 0.44 acres of land. The Huddle House is subject to an original 20-year triple-net (NNN) lease with 17-years of lease term remaining. The lease features 7.50% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal options. The lease features a corporate guaranty from Huddle House, Inc.
