Restaurant

Five Guys

79 Restaurant Row, Uniontown, PA 15401

Listing Price: $1,072,500

Cap Rate
8.00%
Tenant Name
Five Guys
Years Remaining On Lease
3.9
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$446.88
Lease Type
Double Net
Rent Per Square Feet
$35.75

Investment Overview

Marcus & Millichap is pleased to exclusively list for the single-tenant net lease building in Uniontown (Fayette County), Pennsylvania. The building is occupied by Five Guys and located at 79 Restaurant Row. The building was built in 2013 and is situated on a 0.75 acre lot. Five Guys has 5+ years remaining on their NNN lease (landlord responsibility limited to parking lot repairs and replacement). The building is well positioned in a heavy retail corridor with a diverse mix of national tenants such as Home Depot, Lowes Home Improvement, Target, and many more. The Five Guys is adjacent to Uniontown Mall and within proximity to numerous educational institution. The lease is guaranteed by the corporation. Five Guys can be purchased along with the Wendy's and Mattress Firm in Uniontown, Pennsylvania; which are conveniently located adjacent to the Mattress Firm.

Uniontown is a city located in Fayette County, Pennsylvania. Uniontown is the largest city in Fayette County, as well as the county seat. Uniontown is part of the Pittsburg Metro Area. The subject property is approximately 40 miles southeast of Pittsburgh, Pennsylvania. Uniontown shares its borders with the municipalities of East Uniontown, Hopwood, Leith-Hatfield, Amend, and Oliver. Some of the major roads that pass through or near Uniontown are Route 119, Route 40, PA 51, PA 21, PA 43, and Interstate 68. Local bus service is provided by Fayette Area Coordinated Transportation.

Within a five-mile radius of Uniontown, the average household income is $55,197 among the 38,478 individuals who reside within a five-mile radius of the subject property.

The asking price of $1,372,800 represents a 6.25 percent cap rate.

Investment Highlights

  • Over Four Years Remaining on NN Lease (Corporate Guarantee)
  • 10% Increases Every Five Years
  • Adjacent to Uniontown Mall (698,012 Square Foot Shopping Mall)
  • Proximity to Numerous Big Box Retail Tenants (Walmart, Target, Lowe's, Home Depot)
  • Located off Main Roadways in Area; Route 40 & Route 119

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Listing Price: $1,072,500

Cap Rate
8.00%
Tenant Name
Five Guys
Years Remaining On Lease
3.9
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$446.88
Lease Type
Double Net
Rent Per Square Feet
$35.75

Investment Highlights

  • Over Four Years Remaining on NN Lease (Corporate Guarantee)
  • 10% Increases Every Five Years
  • Adjacent to Uniontown Mall (698,012 Square Foot Shopping Mall)
  • Proximity to Numerous Big Box Retail Tenants (Walmart, Target, Lowe's, Home Depot)
  • Located off Main Roadways in Area; Route 40 & Route 119

Investment Overview

Marcus & Millichap is pleased to exclusively list for the single-tenant net lease building in Uniontown (Fayette County), Pennsylvania. The building is occupied by Five Guys and located at 79 Restaurant Row. The building was built in 2013 and is situated on a 0.75 acre lot. Five Guys has 5+ years remaining on their NNN lease (landlord responsibility limited to parking lot repairs and replacement). The building is well positioned in a heavy retail corridor with a diverse mix of national tenants such as Home Depot, Lowes Home Improvement, Target, and many more. The Five Guys is adjacent to Uniontown Mall and within proximity to numerous educational institution. The lease is guaranteed by the corporation. Five Guys can be purchased along with the Wendy's and Mattress Firm in Uniontown, Pennsylvania; which are conveniently located adjacent to the Mattress Firm.

Uniontown is a city located in Fayette County, Pennsylvania. Uniontown is the largest city in Fayette County, as well as the county seat. Uniontown is part of the Pittsburg Metro Area. The subject property is approximately 40 miles southeast of Pittsburgh, Pennsylvania. Uniontown shares its borders with the municipalities of East Uniontown, Hopwood, Leith-Hatfield, Amend, and Oliver. Some of the major roads that pass through or near Uniontown are Route 119, Route 40, PA 51, PA 21, PA 43, and Interstate 68. Local bus service is provided by Fayette Area Coordinated Transportation.

Within a five-mile radius of Uniontown, the average household income is $55,197 among the 38,478 individuals who reside within a five-mile radius of the subject property.

The asking price of $1,372,800 represents a 6.25 percent cap rate.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

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