611 Martin St N - Fast Food FOR SALE


Pell City, AL 35125
$1,490,000 USD
626-631-4824
611 Martin St N, Pell City, AL for Sale
$1,490,000 USD
Fast Food - FOR SALE
1/1
null | 5.85% Cap Rate

611 Martin St N
Pell City, AL 35125


HIGHLIGHTS

  • Solid Store Sales with 8.58% Rent to Sales Ratio
  • Approximately 14 Years Remaining on a Corporately Guaranteed Triple Net (NNN) Lease
  • Very Little Landlord Responsibilities | Tenant Responsible for Roof, Structure, Taxes, Insurance & Maintenance
  • Rare 2% Annual Rent Increases Corporate Guaranteed Lease
  • Positioned Just Off Interstate 20 with Combined Traffic Counts Exceeding 57,000 Vehicles Per Day
  • Less Than Two Miles from Jefferson State Community College

OVERVIEW

NNN Retail Group is pleased to present the exclusive listing for Huddle House located at 611 Martin Street, Pell City, Alabama. This investment offers a rare opportunity to acquire a corporately guaranteed Huddle House with annual rent increases with approximately 14 years remaining on the initial lease term. The property is secured by Huddle House, Inc., one of the nation's longest standing family dining concepts with approximately 256 locations. The lease is an absolute NNN lease, which provides investors with passive ownership along with a rare 2% annual rent increases that continue throughout the remainder of the base term and renewal options, providing built-in income growth while protecting against inflation. Strategically positioned just off Interstate 20, the property benefits from exceptional visibility and accessibility along one of Alabama's primary transportation corridors connecting Birmingham and Atlanta. Martin Street experiences approximately 17,500 vehicles per day while Interstate 20 carries nearly 39,700 vehicles daily, generating significant exposure to both local residents and regional travelers. The property is situated within one of Pell City's primary retail corridors and is surrounded by a strong lineup of national retailers including Walmart, Chick-fil-A, McDonald's, Burger King, Walgreens, Buffalo Wild Wings, Wendy's, Home Depot, Waffle House, KFC, Pizza Hut, Subway and very close to Iola Roberts Elementary School. Pell City serves as the county seat of St. Clair County and continues to benefit from its strategic location along the Interstate 20 corridor between Birmingham and Atlanta. The city offers a diverse employment base supported by healthcare, education, retail, and manufacturing industries while attracting visitors through Logan Martin Lake and regional recreation. Jefferson State Community College, located less than two miles from the property, serves more than 7,500 students and contributes additional daytime traffic to the surrounding area. Combined with nearly 20,000 residents within a five-mile radius and a growing regional population, the property is well positioned to provide long-term stability for both the tenant and future ownership.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Huddle House | Corporate | Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

23-07-36-3-005-012.002

ASK ABOUT THIS PROPERTY

Kevin LeNNN Retail GroupMore Info
626-631-4824

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Kevin LeNNN Retail GroupMore Info
626-631-4824

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