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1580 W Main St 2,643 SF Retail Building Centre, AL 35960 $750,000 ($283.77/SF) 9.63% Cap Rate
Investment Highlights
- Great location at the apex of the town entry and exit. Adjacent to heavy truck traffic coming and going. Great signage and proximity entire town.
- 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 excellent, condition, lots of parking and room for expansion on unused portion of the property.
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- 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 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-04-17-4-000-018.004 | Improvements Assessment | $12,360 |
| Land Assessment | $25,700 | Total Assessment | $38,060 |
Property Taxes
Presented by
1580 W Main St
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