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Restaurant

Golden Corral

5091 Okeechobee Rd, Fort Pierce, FL 34947

Listing Price: $3,300,000

Cap Rate
5.55%
Tenant Name
Golden Corral
Years Remaining On Lease
15.0
Gross SF
9,879
Guarantor
Franchisee Guarantee
Rentable SF
9,879
Price/Gross SF
$334.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.52

Investment Overview

Additional Highlights - Outstanding Traffic Counts of 38,000 VPD - Located Off Exit 129 from Interstate 95 (I-95) - Directly on Hwy 70 (Okeechobee Rd) which Extends Across the State of Florida from the Gulf (West) to the Atlantic (East) - Over Two Acres in one of Ft. Pierce’s Primary Retail Corridor - Minutes to Indian River State College Campus, Lawnwood Hospital and Health District, Downtown Ft. Pierce and Hutchinson Island Beaches and Parks - Nearby Retailers Include Wawa, Chick-fil-A, Home Depot, Cracker Barrel, and Red Lobster

Investment Highlights

  • Long-Standing Location with 25-Year Historical Presence
  • Recent 15-Year Lease Extension | Annual Increases | Three Five-Year Options
  • Recent Capital Improvement Investment of More Than $1.5MM

Exclusively Listed By

Financing By

Listing Price: $3,300,000

Cap Rate
5.55%
Tenant Name
Golden Corral
Years Remaining On Lease
15.0
Gross SF
9,879
Guarantor
Franchisee Guarantee
Rentable SF
9,879
Price/Gross SF
$334.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.52

Investment Highlights

  • Long-Standing Location with 25-Year Historical Presence
  • Recent 15-Year Lease Extension | Annual Increases | Three Five-Year Options
  • Recent Capital Improvement Investment of More Than $1.5MM

Investment Overview

Additional Highlights - Outstanding Traffic Counts of 38,000 VPD - Located Off Exit 129 from Interstate 95 (I-95) - Directly on Hwy 70 (Okeechobee Rd) which Extends Across the State of Florida from the Gulf (West) to the Atlantic (East) - Over Two Acres in one of Ft. Pierce’s Primary Retail Corridor - Minutes to Indian River State College Campus, Lawnwood Hospital and Health District, Downtown Ft. Pierce and Hutchinson Island Beaches and Parks - Nearby Retailers Include Wawa, Chick-fil-A, Home Depot, Cracker Barrel, and Red Lobster

Exclusively Listed By

Financing By

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