Restaurant
Huddle House | New 15-Year Lease
5300 University Pkwy, Natchitoches, LA 71457
Listing Price: $550,500
Investment Overview
Marcus & Millichap is pleased to present a Huddle House restaurant, located at 5306 University Parkway, Natchitoches, LA 71457. Huddle House is positioned along Natchitoches Highway (8,000+ Vehicles per Day) and directly off Interstate 49 (12,000+ Vehicles per Day). It is anchored by a 74-room Hampton Inn and surrounded my multiple other national hotel brand properties. The 2,000 SF structure is situated on 0.568 acres and was built in 2003. The property has been operating as a Huddle House for over 20 years. In 2023, the business operations were taken over by Over Easy Management, Inc, the largest franchisee operator for Huddle House with approximately 24 units. As part of this transition, the Tenant and Landlord both contributed significant capital towards renovations and remodeling of the property including a brand-new roof, new HVAC systems and major upgrades to the facade and signage. The Tenant executed a new 15-year lease with rent based on six percent of gross revenue. The lease includes three, five-year renewal options.
Huddle House | New 15-Year Lease
Investment Highlights
- 2,000 Square Foot Huddle House Casual Restaurant in Natchitoches, LA
- Newly Executed 15 Year Triple Net Lease
- Extensive Remodel in 2023 | Brand New Roof, New HVAC Units and Upgrades to the Facade and Signage
- Operated by Over Easy Management, Inc – the Largest Huddle House Franchisee with 24+ Units
- Situated Along Natchitoches Highway (8,000 VPD) and Directly Off Interstate 49 (12,000+ VPD) | Outparcel to Hampton Inn
- Huddle House Operates Approximately 275 Locations Throughout 25 States
- Surrounded by Multiple Hotels with Brands Including Hampton Inn, Quality Inn, Econo Lodge, Holiday Inn, Days Inn, Best Western, Comfort Suites and Fairfield Inn
- Natchitoches is Home to Northwestern State University | 70 miles South of Shreveport
Exclusively Listed By
Listing Price: $550,500
Investment Highlights
- 2,000 Square Foot Huddle House Casual Restaurant in Natchitoches, LA
- Newly Executed 15 Year Triple Net Lease
- Extensive Remodel in 2023 | Brand New Roof, New HVAC Units and Upgrades to the Facade and Signage
- Operated by Over Easy Management, Inc – the Largest Huddle House Franchisee with 24+ Units
- Situated Along Natchitoches Highway (8,000 VPD) and Directly Off Interstate 49 (12,000+ VPD) | Outparcel to Hampton Inn
- Huddle House Operates Approximately 275 Locations Throughout 25 States
- Surrounded by Multiple Hotels with Brands Including Hampton Inn, Quality Inn, Econo Lodge, Holiday Inn, Days Inn, Best Western, Comfort Suites and Fairfield Inn
- Natchitoches is Home to Northwestern State University | 70 miles South of Shreveport
Investment Overview
Marcus & Millichap is pleased to present a Huddle House restaurant, located at 5306 University Parkway, Natchitoches, LA 71457. Huddle House is positioned along Natchitoches Highway (8,000+ Vehicles per Day) and directly off Interstate 49 (12,000+ Vehicles per Day). It is anchored by a 74-room Hampton Inn and surrounded my multiple other national hotel brand properties. The 2,000 SF structure is situated on 0.568 acres and was built in 2003. The property has been operating as a Huddle House for over 20 years. In 2023, the business operations were taken over by Over Easy Management, Inc, the largest franchisee operator for Huddle House with approximately 24 units. As part of this transition, the Tenant and Landlord both contributed significant capital towards renovations and remodeling of the property including a brand-new roof, new HVAC systems and major upgrades to the facade and signage. The Tenant executed a new 15-year lease with rent based on six percent of gross revenue. The lease includes three, five-year renewal options.
Exclusively Listed By
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