Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Great location at the apex of the town entry and exit. Adjacent to heavy truck traffic coming and going.
  • APN 14-04-174-000-018.004 2643sqft building on a 43,560sfft lot. Built in 1995 and remodeled in 2012 Zoning is Res/Com 11, 583-FST FD
  • Building in very good condition, lots of parking and room for expansion on unused portion of the property.

Executive Summary

Fee Simple Absolute NNN investment with a Corporate Guarantee by Acnet Hospitality Group. Remodeled in 2012 in a prime location. Lease ends on 3/31/2027 and has 3 Five year options to renew. Heavy truck and vehicle traffic and a huge portion of the property is vacant land and could be used for additional development. Amazing signage and Broker Coop. Broker is owner/seller and sale is subject to a 1031 Exchange. Please submit all offers.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,643 SF
Building Class
C
Year Built/Renovated
1995/2012
Price
$1,108,192 CAD
Price Per SF
$419.29 CAD
Cap Rate
9.03%
NOI
$100,084 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
Commercial - Res/Com 11, 583-FST FD

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 2,692 SF
  • -
  • Triple Net
  • Mar 2027

Huddle House was founded in 1964 by John Sparks. Having already opened a few restaurants under various names, he needed a great name for his restaurant chain. One evening in Decatur, Georgia, he saw a boy meeting friends after football practice holding his helmet in one hand and a football in the other. It looked as if the group were "huddled up" talking and laughing together. It was at that moment he decided that Huddle House was the perfect name for the restaurant chain and it would be the place where folks would gather, or "huddle up," for great food and good times after Friday night football games. So, with its new name, was born.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 2,692 SF - Triple Net Mar 2027
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Nearby Major Retailers

Ingles Markets
CrossFit
Waffle House

Property Taxes

Property Taxes

Parcel Number
14-04-17-4-000-018.004
Land Assessment
$35,601 CAD
Improvements Assessment
$17,122 CAD
Total Assessment
$52,722 CAD
  • Listing ID: 39405136

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 1580 W Main St, Centre, AL 35960

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}