1260 Ga-21 Springfield, GA 31329
High-yield Huddle House NNN lease investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Triple-net (NNN) lease; tenant responsible for all operating expenses.
- 1,328 SF building constructed in 1998, renovated in 2005.
- Strong demographics: over 16,000 residents and $98,000+ average household income within a 5-mile radius.
- High visibility location with over 11,000 vehicles per day.
- Huddle House corporate guarantee on a 16-year remaining lease term (20-year lease with 3 (5) year options), offering 7.5% rent bumps every 5 years.
Property Details for 1260 Ga-21
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,328 SF
- Year Built/Renovated
- 1998/2005
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 43,996 SF
- Units
- 1
Location Insight
- City
- Springfield
- County
- Effingham
- State
- Georgia
- Latitude
- 32.3507998
- Longitude
- -81.2968758
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Huddle House NNN lease investment.
- Where is the retail property located?
- The property is located at 1260 Ga-21 Springfield, GA.
- What is the asking price?
- The asking price for this property is $1,559,400.
- What are key features of this property?
- This property features: Triple-net (NNN) lease; tenant responsible for all operating expenses.; 1,328 SF building constructed in 1998, renovated in 2005.; Strong demographics: over 16,000 residents and $98,000+ average household income within a 5-mile radius.
- How can I contact the broker?
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