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Huddle House | Corporate | Annual Increases 611 Martin St N 2 379 pi² Commerce de détail Immeuble Pell City, AL 35125 2 096 430 $ CAD (881,22 $ CAD/pi²) 5,85% Taux de capitalisation

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Faits saillants de l'investissement
- Solid Store Sales with 8.58% Rent to Sales Ratio
- Very Little Landlord Responsibilities | Tenant Responsible for Roof, Structure, Taxes, Insurance & Maintenance
- Positioned Just Off Interstate 20 with Combined Traffic Counts Exceeding 57,000 Vehicles Per Day
- Approximately 14 Years Remaining on a Corporately Guaranteed Triple Net (NNN) Lease
- Rare 2% Annual Rent Increases Corporate Guaranteed Lease
- Less Than Two Miles from Jefferson State Community College
Résumé de l'annonce
NNN Retail Group is pleased to present the exclusive listing for Huddle House located at 611 Martin Street, Pell City, Alabama. This investment offers a rare opportunity to acquire a corporately guaranteed Huddle House with annual rent increases with approximately 14 years remaining on the initial lease term. The property is secured by Huddle House, Inc., one of the nation's longest standing family dining concepts with approximately 256 locations. The lease is an absolute NNN lease, which provides investors with passive ownership along with a rare 2% annual rent increases that continue throughout the remainder of the base term and renewal options, providing built-in income growth while protecting against inflation.
Strategically positioned just off Interstate 20, the property benefits from exceptional visibility and accessibility along one of Alabama's primary transportation corridors connecting Birmingham and Atlanta. Martin Street experiences approximately 17,500 vehicles per day while Interstate 20 carries nearly 39,700 vehicles daily, generating significant exposure to both local residents and regional travelers. The property is situated within one of Pell City's primary retail corridors and is surrounded by a strong lineup of national retailers including Walmart, Chick-fil-A, McDonald's, Burger King, Walgreens, Buffalo Wild Wings, Wendy's, Home Depot, Waffle House, KFC, Pizza Hut, Subway and very close to Iola Roberts Elementary School.
Pell City serves as the county seat of St. Clair County and continues to benefit from its strategic location along the Interstate 20 corridor between Birmingham and Atlanta. The city offers a diverse employment base supported by healthcare, education, retail, and manufacturing industries while attracting visitors through Logan Martin Lake and regional recreation. Jefferson State Community College, located less than two miles from the property, serves more than 7,500 students and contributes additional daytime traffic to the surrounding area. Combined with nearly 20,000 residents within a five-mile radius and a growing regional population, the property is well positioned to provide long-term stability for both the tenant and future ownership.
Strategically positioned just off Interstate 20, the property benefits from exceptional visibility and accessibility along one of Alabama's primary transportation corridors connecting Birmingham and Atlanta. Martin Street experiences approximately 17,500 vehicles per day while Interstate 20 carries nearly 39,700 vehicles daily, generating significant exposure to both local residents and regional travelers. The property is situated within one of Pell City's primary retail corridors and is surrounded by a strong lineup of national retailers including Walmart, Chick-fil-A, McDonald's, Burger King, Walgreens, Buffalo Wild Wings, Wendy's, Home Depot, Waffle House, KFC, Pizza Hut, Subway and very close to Iola Roberts Elementary School.
Pell City serves as the county seat of St. Clair County and continues to benefit from its strategic location along the Interstate 20 corridor between Birmingham and Atlanta. The city offers a diverse employment base supported by healthcare, education, retail, and manufacturing industries while attracting visitors through Logan Martin Lake and regional recreation. Jefferson State Community College, located less than two miles from the property, serves more than 7,500 students and contributes additional daytime traffic to the surrounding area. Combined with nearly 20,000 residents within a five-mile radius and a growing regional population, the property is well positioned to provide long-term stability for both the tenant and future ownership.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
2 379 pi²
Classe d’immeuble
B
Année de construction
1994
Prix
2 096 430 $ CAD
Prix par pi²
881,22 $ CAD
Taux de capitalisation
5,85%
Revenu net d’exploitation
122 641 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,10
Taille du lot
0,55 AC
Zone de développement économique
Oui
Façade
102’ sur Martin St
Commodités
- Enseigne sur pylône
- Service au volant
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 23-07-36-3-005-012.002 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 167 095 $ CAD |
Impôts fonciers
Numéro de lot
23-07-36-3-005-012.002
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
167 095 $ CAD
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Huddle House | Corporate | Annual Increases | 611 Martin St N
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