Restaurant
Golden Corral
1521 James Ave, Bedford, IN 47421
Listing Price: $5,942,857
Cap Rate
7.00%
Tenant Name
Golden Corral
Guarantor
Personal Guarantee
Rentable SF
7,826
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.16
Investment Overview
20 Year Sale-Leasback | Golden Corral Bedford, IN | Strong Sales
Investment Highlights
- Situated Along State Road 37, a Major Thoroughfare in Indiana, Offering High Visibility and Easy Access w/ Strong Traffic Counts Exceeding 36,000 VPD
- Nearby Several Retailers Including Lowe's, Big Lots, Harbor Freight, ALDI, Durham Sports, KFC, Joann, Goodwill, Walmart Supercenter, Dollar Tree
- Part of Bloomington Metropolitan Area – An Important Hub in Indiana With a Population Exceeding 160,000
- Brand New 20 Year Lease to Begin at COE
- Absolute Triple Net (NNN) Lease – Absolute NNN Lease With Zero Landlord Responsibilities
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
Exclusively Listed By
Broker of Record
Listing Price: $5,942,857
Cap Rate
7.00%
Tenant Name
Golden Corral
Guarantor
Personal Guarantee
Rentable SF
7,826
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.16
Investment Highlights
- Situated Along State Road 37, a Major Thoroughfare in Indiana, Offering High Visibility and Easy Access w/ Strong Traffic Counts Exceeding 36,000 VPD
- Nearby Several Retailers Including Lowe's, Big Lots, Harbor Freight, ALDI, Durham Sports, KFC, Joann, Goodwill, Walmart Supercenter, Dollar Tree
- Part of Bloomington Metropolitan Area – An Important Hub in Indiana With a Population Exceeding 160,000
- Brand New 20 Year Lease to Begin at COE
- Absolute Triple Net (NNN) Lease – Absolute NNN Lease With Zero Landlord Responsibilities
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
Investment Overview
20 Year Sale-Leasback | Golden Corral Bedford, IN | Strong Sales
Exclusively Listed By
Broker of Record
-
Josh Caruana
First Vice President/District Manager