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1260 Ga-21 Springfield, GA 31329

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For Sale
Contact for pricing

High-yield Huddle House NNN lease investment.

Property size:
1,328 SF

Property Features for 1260 Ga-21

General Information

Property type
Retail properties & Spaces
Square Feet
1,328 SF
Lot Size
43,996 SF

Building Details

Year Built/Renovated
1998/2005
Buildings
1
Stories
1
Units
1

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Listing Contact
Steve Sagmani
Steve Sagmani

Listing Agency: Exclusive Realty Listing Agent: Steve Sagmani

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Overview

This exceptional investment opportunity features a 1,328 square foot Huddle House restaurant located at 1260 GA-21, Springfield, Georgia 31329, in Effingham County. The property, built in 1998 and renovated in 2005, sits on a 1.01-acre lot and includes 10 parking spaces. Currently operating under a triple-net (NNN) lease with a corporate guarantee, the tenant is responsible for all operating expenses, minimizing landlord responsibilities. The lease has a remaining term of 16 years with three (5) year options and includes rent bumps of 7.5% every 5 years. The property boasts a strong 6.00% cap rate with a net operating income (NOI) of $93,564. The high-traffic location sees over 11,000 vehicles per day, ensuring excellent visibility. The surrounding area is densely populated, with over 16,000 residents and an average household income exceeding $98,000 within a 5-mile radius. The property is zoned B1 and offers a turnkey investment opportunity with significant potential for long-term returns. This single-unit, single-story building presents a stable and attractive investment for discerning buyers seeking a low-maintenance, high-income-producing asset. The 100% occupancy rate further solidifies this property's value and potential for continued success.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Springfield
County
Effingham
State
Georgia
Longitude
-81.2968758
Latitude
32.3507998

FAQs

What type of property is this?
Retail property - High-yield Huddle House NNN lease investment.
Where is this 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.
(248) 833-6601 Call to check price and availability
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