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Restaurant

Huddle House |NNN Leases | Strong Demographics | Income Tax Free State

Reco Dr, Soddy-Daisy, TN 37379

Listing Price: $480,000

Cap Rate
6.25%
Tenant Name
Huddle House
Years Remaining On Lease
7.8
Guarantor
Corporate Guarantee
Rentable SF
1,851
Lease Type
Absolute Net
Rent Per Square Feet
$16.21

Investment Overview

Marcus & Millichap is pleased to bring to market the Absolute NNN Lease Huddle House located in Soddy-Daisy, TN.

Investment Highlights

  • Absolute NNN Lease with Over 7 Years Remaining | Zero Landlord Responsibilities | Two, Five-Year Renewal Options
  • Lease Guaranteed By 10+ Unit Franchisee | Huddle House has a Growing Footprint of Over 330 Location Nationwide
  • Situated in a Dense Retail Corridor Near Multiple National Tenants | Adjacent to Walmart Supercenter
  • Located Just off US-27 Which Sees Over 28,200 VPD
  • Strong Demographics | Over 60,000 Residents within 7-Miles | Average Household Income Exceeds $85,000
  • Chatanooga, TN MSA | 16-Miles from Downtown | Population of 553,000

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Restaurant

Huddle House |NNN Leases | Strong Demographics | Income Tax Free State

Listing Price: $480,000

Cap Rate
6.25%
Tenant Name
Huddle House
Years Remaining On Lease
7.8
Guarantor
Corporate Guarantee
Rentable SF
1,851
Lease Type
Absolute Net
Rent Per Square Feet
$16.21

Investment Highlights

  • Absolute NNN Lease with Over 7 Years Remaining | Zero Landlord Responsibilities | Two, Five-Year Renewal Options
  • Lease Guaranteed By 10+ Unit Franchisee | Huddle House has a Growing Footprint of Over 330 Location Nationwide
  • Situated in a Dense Retail Corridor Near Multiple National Tenants | Adjacent to Walmart Supercenter
  • Located Just off US-27 Which Sees Over 28,200 VPD
  • Strong Demographics | Over 60,000 Residents within 7-Miles | Average Household Income Exceeds $85,000
  • Chatanooga, TN MSA | 16-Miles from Downtown | Population of 553,000

Investment Overview

Marcus & Millichap is pleased to bring to market the Absolute NNN Lease Huddle House located in Soddy-Daisy, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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