1580 W Main St - Restaurant FOR SALE


Centre, AL 35960
$800,000 USD
818-522-5558
1580 W Main St, Centre, AL for Sale
$800,000 USD
Restaurant - FOR SALE
1/5
null | 9.03% Cap Rate

1580 W Main St
Centre, AL 35960


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.
  • Building in excellent, condition, lots of parking and room for expansion on unused portion of the property.
  • 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

OVERVIEW

Fee Simple Absolute NNN investment with a Corporate Guarantee by Acnet Hospitality Group. 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 is owner/seller and sale is subject to a 1031 Exchange. Please submit all offers.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

9.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Huddle House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

14-04-17-4-000-018.004

ASK ABOUT THIS PROPERTY

Larry HellerHeller PropertiesMore Info
818-522-5558

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Larry HellerHeller PropertiesMore Info
818-522-5558

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.