Restaurant

Huddle House

5408 New Jesup Hwy, Brunswick , GA 31525

Listing Price: $1,226,666

Cap Rate
6.75%
Tenant Name
Huddle House
Years Remaining On Lease
13.00
Gross SF
1,858
Guarantor
Limited Corporate Guarantee
Rentable SF
1,858
Price/Gross SF
$660.21
Lease Type
Absolute Net
Rent Per Square Feet
$44.56

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of a freestanding Huddle House located at 5408 New Jesup Hwy, Brunswick, GA. The property consists of 1,858 square feet of building space and is situated on approximately 0.59 acres of land. The lease features 3.5 increases every five years that will continue through the base term and into the three, five-year renewal options. The tenant is a generational operator with over twenty-years of historical performance at this given location. The lease will carry a franchisee and limited corporate guarantee from Huddle House, Inc. The subject property is currently undergoing renovations as part of Huddle Houses plan to bring all existing buildings up to the newest building model as part of future growth.

Investment Highlights

  • Building Re-model is set to be completed by the end of July 2019.
  • Location possesses quality service and value of loyal customer base.
  • Huddle House features nearly a 25 year history in this given location.

Exclusively Listed By

Listing Price: $1,226,666

Cap Rate
6.75%
Tenant Name
Huddle House
Years Remaining On Lease
13.00
Gross SF
1,858
Guarantor
Limited Corporate Guarantee
Rentable SF
1,858
Price/Gross SF
$660.21
Lease Type
Absolute Net
Rent Per Square Feet
$44.56

Investment Highlights

  • Building Re-model is set to be completed by the end of July 2019.
  • Location possesses quality service and value of loyal customer base.
  • Huddle House features nearly a 25 year history in this given location.

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of a freestanding Huddle House located at 5408 New Jesup Hwy, Brunswick, GA. The property consists of 1,858 square feet of building space and is situated on approximately 0.59 acres of land. The lease features 3.5 increases every five years that will continue through the base term and into the three, five-year renewal options. The tenant is a generational operator with over twenty-years of historical performance at this given location. The lease will carry a franchisee and limited corporate guarantee from Huddle House, Inc. The subject property is currently undergoing renovations as part of Huddle Houses plan to bring all existing buildings up to the newest building model as part of future growth.

Exclusively Listed By

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