Restaurant

Huddle House - Lawrenceburg, KY

1014 Bypass S, Lawrenceburg, KY 40342

Listing Price: $898,436

Cap Rate
6.75%
Tenant Name
Huddle House
Years Remaining On Lease
20.0
Gross SF
1,860
Guarantor
Franchisee Guarantee
Rentable SF
1,860
Price/Gross SF
$483.03
Lease Type
Absolute Net
Rent Per Square Feet
$32.60

Investment Overview

Marcus & Millichap is pleased to present the Huddle House located at 1014 Bypass South, Lawrenceburg, KY 40342. The property consists of a 1,860 square foot building situated on roughly 0.68 acres of land. This is a Sale-leaseback Investment, and Huddle House will execute a new Twenty (20)-year lease at closing. The lease is absolute-net (NNN), providing zero landlord obligations, and 1.25% annual rent increases starting on year six and 7.50% increase beofre each option. Huddle House is well positioned along one of the main retail corridors with exceptional visibility to over 17,900 vehicles per day.

The property is located near multiple schools with a combined total enrollment of 2,400+ Students. Huddle House is situated within a retail corridor with close proximity to: Walmart Supercenter, Kroger, Tractor Supply Co, OReilly Auto Parts, Advance Auto Parts, and more.

Investment Highlights

  • 20-Year Absolute Net (NNN) Lease | Zero Landlord Responsibilities
  • 1.25% Annual Rent Increases Starting Year 6 | Three-(3), Five-(5) Year Renewal Option
  • Franchisee Guarantee with Six-(6) Total Units | Healthy Rent to Sales Ratio

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

Restaurant

Huddle House - Lawrenceburg, KY

Listing Price: $898,436

Cap Rate
6.75%
Tenant Name
Huddle House
Years Remaining On Lease
20.0
Gross SF
1,860
Guarantor
Franchisee Guarantee
Rentable SF
1,860
Price/Gross SF
$483.03
Lease Type
Absolute Net
Rent Per Square Feet
$32.60

Investment Highlights

  • 20-Year Absolute Net (NNN) Lease | Zero Landlord Responsibilities
  • 1.25% Annual Rent Increases Starting Year 6 | Three-(3), Five-(5) Year Renewal Option
  • Franchisee Guarantee with Six-(6) Total Units | Healthy Rent to Sales Ratio

Investment Overview

Marcus & Millichap is pleased to present the Huddle House located at 1014 Bypass South, Lawrenceburg, KY 40342. The property consists of a 1,860 square foot building situated on roughly 0.68 acres of land. This is a Sale-leaseback Investment, and Huddle House will execute a new Twenty (20)-year lease at closing. The lease is absolute-net (NNN), providing zero landlord obligations, and 1.25% annual rent increases starting on year six and 7.50% increase beofre each option. Huddle House is well positioned along one of the main retail corridors with exceptional visibility to over 17,900 vehicles per day.

The property is located near multiple schools with a combined total enrollment of 2,400+ Students. Huddle House is situated within a retail corridor with close proximity to: Walmart Supercenter, Kroger, Tractor Supply Co, OReilly Auto Parts, Advance Auto Parts, and more.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

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