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200 Basic Drive - Golden Corral, West Monroe, LA

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200 Basic Drive - Golden Corral

West Monroe, LA 71292


Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:-
Building Size:11,186 SF Land Area:1.81 AC (78,844 SF)
For Sale Price:$4,625,962 Price/SF:$413.55
Cap Rate:6.15 %



Sale Notes:
Marcus & Millichap is pleased to present the exclusive listing for Golden Corral located at 200 Basic Drive in West Monroe, Louisiana. The property is roughly 11,186 square feet and is situated on approximately 1.81 acres of land.
The subject Golden Corral will be subject to a 15-year triple-net (NNN), with Golden Corral corporate. The lease will commence upon close of escrow and the base annual rent will be $284,497. The rent will increase five percent every five years, through the four, five-year option periods.

Marcus & Millichap Inc
Glen Kunofsky
(212) 430-5100

Alex Marietto
(212) 430-5182

  
Marcus & Millichap Inc
Chris Shaheen
(225) 376-6800




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