Restaurant
Huddle House
1209 E Bypass Rd, Andalusia, AL 36420
Listing Price: $1,916,666
Cap Rate
6.00%
Tenant Name
Huddle House
Years Remaining On Lease
19.4
Guarantor
Corporate Guarantee
Rentable SF
2,333
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.29
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Hudde House located at 1209 East Bypass Road in Andalusia, AL.
Broker of Record
Listing Price: $1,916,666
Cap Rate
6.00%
Tenant Name
Huddle House
Years Remaining On Lease
19.4
Guarantor
Corporate Guarantee
Rentable SF
2,333
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.29
Investment Highlights
- 20-Year Triple-Net (NNN) Lease with Zero Landlord Responsibilities
- 7.50% Rental Increases Every Five Years That Will Continue Through The Base Term And Into The Four, Five-Year Tenant Renewal Option Periods
- Corporate Guarantee
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Hudde House located at 1209 East Bypass Road in Andalusia, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
