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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

Fee Simple Absolute NNN investment with a Corporate Guarantee by Access Hospitality. 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 owner/seller and sale is subject to a 1031 Exchange. Huddle House has not decided to renew. They want to assign. Please submit all offers.

Data Room Click Here to Access

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
$700,000
Price Per SF
$264.85
Cap Rate
10.32%
NOI
$72,250
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
  • 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 began in 1964 in Decatur, Georgia, as a neighborhood restaurant built around a place for people to gather after games, and the company began offering franchises in 1966. The company focuses on cooked-to-order homestyle meals and serves breakfast, lunch, dinner, and late-night snacks, with menu offerings that include waffles, burgers, sandwiches, bowls, wraps, homestyle dinners, appetizers, and desserts. Huddle House operates across the Southeast, Mid-Atlantic, Midwest, and Southwest and continues to expand through franchise development, with new agreements and openings in 2024.

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
$25,700
Improvements Assessment
$12,360
Total Assessment
$38,060
  • Listing ID: 39405136

  • Date on Market: 2/11/2026

  • Last Updated:

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

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