1025 N Hermitage Rd - Restaurant FOR SALE
Hermitage, PA 16148 |
$300,000 USD
646-921-8951
1025 N Hermitage Rd
Hermitage, PA 16148
HIGHLIGHTS
- Brand-new 15-year absolute NNN sale-leaseback with long-standing Golden Corral franchisee
- 5% rental increases every 5 years, including option periods — built-in rent growth
- Outparcel to Walmart Supercenter with 20,100 VPD on N Hermitage Rd
- New Target development underway 1 mile away with additional national credit tenants
- Tenant recently completed interior/exterior remodel showing long-term site commitment
- High-performing site with below 7% rent-to-sales ratio — Golden Corral #56 Franchise Times Top 500
FOR SALE DETAILS
PRICE
$300,000 USD
PRICE/SF
$29 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Golden Corral
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
64
LAND DETAILS
LAND ACRES
1.87 AC
LAND SF
81,457 SF
ZONING
Commercial
APN/PARCEL ID
11-145-114
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646-921-8951
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646-921-8951
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