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Huddle House 1260 GA Highway 21 S 1,328 SF Retail Building Springfield, GA 31329 $1,559,400 ($1,174.25/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease/Zero Landlord Responsibilities
- Population exceeds 16K Residents within a 5 Mile Radius
- Over 11,000 Vehicles Per Day offering excellent visibility and exposure
- Built in 1998, renovated in 2005 for modern appeal
- Average Annual HH Income exceeds $98K within a 5 Mile Radius
EXECUTIVE SUMMARY
Exclusive Realty is pleased to present an exceptional investment opportunity in the heart of Springfield, GA. This Huddle House boasts a perfectly sized 1,328 SF building, thoughtfully updated in 2005 to meet modern standards. With 100% occupancy, it promises a strong and consistent rental income for the astute retail or restaurant investor. Its strategic location in the bustling Springfield area ensures high visibility and ample foot traffic, while the property's appealing architecture and well-maintained facilities make it a standout choice for any discerning investor looking to capitalize on a thriving market. Don't miss out on this turnkey business opportunity with endless potential.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,328 SF
Building Class
B
Year Built/Renovated
1998/2005
Price
$1,559,400
Price Per SF
$1,174.25
Cap Rate
6%
NOI
$93,564
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.01 AC
Zoning
B1
Parking
10 Spaces (7.53 Spaces per 1,000 SF Leased)
Frontage
297’ on Highway 21
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | S1150-00000-019-000 | Improvements Assessment | $112,861 |
| Land Assessment | $108,582 | Total Assessment | $221,443 |
PROPERTY TAXES
Parcel Number
S1150-00000-019-000
Land Assessment
$108,582
Improvements Assessment
$112,861
Total Assessment
$221,443
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Huddle House | 1260 GA Highway 21 S
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