Restaurant
HTeaO
2320 Capital Cir NE, Tallahassee, FL 32308
Listing Price: $2,049,333
Cap Rate
6.00%
Tenant Name
HTeaO
Years Remaining On Lease
8.8
Guarantor
Franchisee Guarantee
Rentable SF
2,250
Lease Type
Absolute Net
Rent Per Square Feet
$54.65
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire HTeaO located at 2320 Capital Circle NE in Tallahassee, FL.
HTeaO
Investment Highlights
- Rapid Expansion: HTeaO has awarded over 425 franchise licenses and operates 135 locations across five states, including Texas, Oklahoma, Florida, Kansas, and New Mexico.
- Impressive Financials: In 2023, HTeaO reported a revenue of $33.6 million, marking an 88% growth from 2021.
- Expansion into Florida: HTeaO is actively expanding into Florida, with plans for new locations in Houston, Humble, Conroe, and Prosper.
Exclusively Listed By
Financing By
Listing Price: $2,049,333
Cap Rate
6.00%
Tenant Name
HTeaO
Years Remaining On Lease
8.8
Guarantor
Franchisee Guarantee
Rentable SF
2,250
Lease Type
Absolute Net
Rent Per Square Feet
$54.65
Investment Highlights
- Rapid Expansion: HTeaO has awarded over 425 franchise licenses and operates 135 locations across five states, including Texas, Oklahoma, Florida, Kansas, and New Mexico.
- Impressive Financials: In 2023, HTeaO reported a revenue of $33.6 million, marking an 88% growth from 2021.
- Expansion into Florida: HTeaO is actively expanding into Florida, with plans for new locations in Houston, Humble, Conroe, and Prosper.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire HTeaO located at 2320 Capital Circle NE in Tallahassee, FL.
Exclusively Listed By
Financing By
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