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| Price $942,857 | Built/Renov 2022 | Tenant Huddle House |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,101
| Lease Start
06-01-2024
| #Units
290
|
| Price/SF $448.77 | Expiration
05-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $65,999 | R. Term 14.6 | Ownership Fee Simple |
| Rent/SF
$31.41
| Increases 2.0%/1/yrs | Pop 5Mi 28,285 |
| Lot/AC 0.00 | Options 4/5yrs/2% | AHHI 5Mi $54,052 |
| | |
Huddle House is strategically located at the signalized, hard corner intersection of E Hancock Street and N Elbert Street, which has a combined daily traffic count of 17,920 vehicles. It is conveniently situated just blocks away from Georgia College and State University. The immediate vicinity is surrounded by numerous prominent national retailers, including Ace Hardware, CVS Pharmacy,...
...Signalized intersection
Hard corner intersection
Near major nationals
Strategically located
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Over 1000 units backed
Huddle House, Inc. is an American casual dining restaurant chain. Their eateries’ menus feature their signature Big House Breakfast platters, “Pancakes Perfected” sweet cakes, in addition to...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,576 | 20,056 | 28,988 |
| 2023 Total Population : | 4,597 | 20,271 | 29,276 |
| 2023 Employed Civilian Pop : | 1,764 | 7,611 | 11,055 |
| 2023 Total Businesses : | 377 | 1,082 | 1,270 |
| 2023 Average Household Income : | $ 30,872 | $ 57,503 | $ 66,703 |
| 2023 Total Consumer Spending : | $ 41 M | $ 399 M | $ 625 M |
| 2023 Median Age : | 23 | 31 | 33 |
| 2023 Total Households : | 1,497 | 7,828 | 10,608 |
| 2023 Pop Age 25+: Bachelor's Degree : | 151 | 1,728 | 2,880 |
| 2023 Average Home Value : | $ 146,253 | $ 167,840 | $ 198,103 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Elbert Street | E McIntosh St | 2021 | 15,200 | 0.05 mi |
| N Jefferson St | E McIntosh St | 2005 | 10,730 | 0.13 mi |
| North Jefferson Street | E Montgomery St | 2021 | 7,750 | 0.17 mi |
| East Montgomery Street | N Elbert St | 2019 | 11,500 | 0.18 mi |
| East Montgomery Street | N Jefferson St | 2021 | 12,800 | 0.18 mi |
| East Hancock Street | S Wayne St | 2019 | 6,370 | 0.20 mi |
| N Wayne St | E Montgomery St | 2005 | 4,830 | 0.24 mi |
| S Wayne St | E Hancock St | 2005 | 10,430 | 0.24 mi |
| South Elbert Street | E Screven St | 2021 | 10,000 | 0.25 mi |
| North Wayne Street | E Montgomery St | 2021 | 2,680 | 0.27 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
