Restaurant
Golden Corral | 16+ Years Remaining | Washington, D.C. MSA | Affluent Growing Area
5621 Spectrum Dr, Frederick, MD 21703
Listing Price: $5,200,000
Investment Overview
The Tenant, Valley Corral, LLC (“Valley”) has more than 16 years of lease term remaining with seven percent rental increases every five years. The lease is effectively NNN as Landlord’s responsibility is limited to replacement of the roof. (The roof was partially replaced in 2020). Valley is an established franchisee with four locations in Virginia, Pennsylvania and Maryland. The lease is personally guaranteed by the five individuals, and financials can be provided upon request.
Restaurant
Golden Corral | 16+ Years Remaining | Washington, D.C. MSA | Affluent Growing Area
Listing Price: $5,200,000
Investment Highlights
- Prime Real Estate; Highly Accessible 2.58-Acre Signalized Corner Parcel
- State's Top Location by Placer.ai Data
- Established Location with 25-Year Operating History
Investment Overview
The Tenant, Valley Corral, LLC (“Valley”) has more than 16 years of lease term remaining with seven percent rental increases every five years. The lease is effectively NNN as Landlord’s responsibility is limited to replacement of the roof. (The roof was partially replaced in 2020). Valley is an established franchisee with four locations in Virginia, Pennsylvania and Maryland. The lease is personally guaranteed by the five individuals, and financials can be provided upon request.
