5700 US Highway 278 E
Hokes Bluff, AL 35903
Huddle House | Corporate Guaranty · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Brand New 20-Year Sale Leaseback
- Attractive Rental Increases | Strong Hedge Against Inflation | 7.50% Every Five (5) Years
- Dominant Market Share in Underserved Markets
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Corporate Guarantee from a ~360 Unit Operator
- Three Schools Located Within A Two-Mile Radius of the Subject Property |Total Enrollment of Approximately 1,300 Students
PROPERTY FACTS
ABOUT 5700 US HIGHWAY 278 E , HOKES BLUFF, AL 35903
This Huddle House Property is located at 5700 Hwy 278 East in Hokes Bluff. Hokes Bluff is a city in Etowah County and is a part of the Gadsden Metropolitan Statistical Area. SURROUNDING RETAIL & POINTS OF INTEREST The subject property is well-positioned off of a main highway leading in and out of Gadsden. The property is an outparcel to one of the main shopping centers in the city. In addition to the Cash Saver grocery store, other national tenants in the immediate area include Sonic, Peoples Independent Bank, KFC, Taco Bell, and Subway. Another attraction to the immediate area is the Maraella Winery, which has been a part of the Hokes Bluff community since 2005. The winery offers a bottle shop, tours, and tastings, along with numerous other activities. Additionally, the subject property is located within a two-mile radius of Hokes Bluff Elementary School, Hokes Bluff Middle School, and Hokes Bluff High School. Together, these schools have a total enrollment of 1,300 students. TRAFFIC COUNTS & DEMOGRAPHICS There are 12,852 individuals residing within a five-mile radius and 60,500 individuals within a ten-mile radius of the subject property. This Huddle House is located on Highway 278 East, a major thoroughfare passing through the area, and also benefits from additional traffic brought in by Herman Nelson Highway and Bernard St. GADSDEN, AL Gadsden is a city in, as well as the county seat of, Etowah County. The city is located on the Coosa River approximately 60 miles northeast of Birmingham and 90 miles southwest of Chattanooga, TN. It is the primary city of the Gadsden Metropolitan Statistical Area and is one of the major cities in the triangular area defined by interstate highways between Atlanta, Birmingham, and Chattanooga. The economy of Gadsden is that of a smaller city, but it continues to show signs of growth. Since 2000, the average value of a home has nearly doubled and future job growth is expected to increase by approximately 32% over the next ten years. In addition to a growing economy, there are numerous attractions to the city. Some of these attractions include Noccalula Falls Park, Neely Henry Lake, and Martin Wildlife Park. These attractions bring numerous tourists to the area to hike, swim, and take in the natural beauty of the city.
LINKS
PROPERTY TAXES
Parcel Number | 14-06-14-0-001-250.018 | Improvements Assessment | $281,640 |
Land Assessment | $84,800 | Total Assessment | $366,440 |
Listing ID: 17188072
Date on Market: 9/13/2019
Last Updated:
Address: 5700 US Highway 278 E, Hokes Bluff, AL 35903
The Retail Property at 5700 US Highway 278 E, Hokes Bluff, AL 35903 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.