Lowest Cap Rate
5.50%
Lowest Cap Rate over past 24 months
Average Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Hooters, one of the most recognized casual dining and sports bar brands in the US, is known for its distinctive atmosphere, wings, and sports entertainment concept. Strong name recognition and loyal customer base make it a notable option for net lease investors seeking exposure to the casual dining sector. Hooters locations are typically freestanding buildings or pad sites situated in high-traffic retail and entertainment corridors. Hooters offers investors a net lease asset with long-term potential in the casual dining space.
Property & Lease
Sales Price Range$2,500,000 - $3,000,000
NOI Range$150,000 - $175,000
Building SF4,500-6,000
Lease Term20 Years
EscalationsVaries
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
N/A
7.15
6.92
6.00
8.19
N/A
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Pearland, TX6.00%
Mason, OH8.80%
Chicago, IL5.50%
Top Consumer Traffic
Port Charlotte, FL341,600
Long Beach, CA328,300
Orland Park, IL268,100
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
