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Restaurant

GOLDEN CORRAL | LONG TERM 15-YEAR ABSOLUTE NET (NNN) | HIGH SALES | Conyers GA

Old Hwy 138 NE, Conyers, GA 30013

Listing Price: $6,951,480

Cap Rate
6.25%
Tenant Name
Golden Corral
Guarantor
Franchisee Guarantee
Rentable SF
13,051
Lease Type
Absolute Net
Rent Per Square Feet
$33.29

Investment Overview

Marcus & Millichap is pleased to offer this property paired with an absolute net long term lease with zero landlord responsibilities. Golden Corral is an American restaurant chain which offers an all-you-can-eat buffet and grill. It is a privately held company headquartered in the U.S. city of Raleigh, North Carolina, with locations in 43 U.S. states. Golden Corral was incorporated in 1972 and the first Golden Corral Family Steak House opened on January 3, 1973, in Fayetteville, North Carolina. The company has since expanded to nearly 500 locations across the United States; about 100 of them are company-owned. The others are franchised stores. Gross sales are over $1.53 billion. #1 Ranking - Entrepreneur magazine named Golden Corral #1 in category in their 2019 Annual Franchise 500, as well as, #1 in category in their 2019 Top Food Franchises.

Investment Highlights

  • 15-Year Lease – Lease Commences at Closing
  • One of the Top Producing Golden Corrals in Georgia
  • Large Lot Size –4.309 Acres

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

GOLDEN CORRAL | LONG TERM 15-YEAR ABSOLUTE NET (NNN) | HIGH SALES | Conyers GA

Listing Price: $6,951,480

Cap Rate
6.25%
Tenant Name
Golden Corral
Guarantor
Franchisee Guarantee
Rentable SF
13,051
Lease Type
Absolute Net
Rent Per Square Feet
$33.29

Investment Highlights

  • 15-Year Lease – Lease Commences at Closing
  • One of the Top Producing Golden Corrals in Georgia
  • Large Lot Size –4.309 Acres

Investment Overview

Marcus & Millichap is pleased to offer this property paired with an absolute net long term lease with zero landlord responsibilities. Golden Corral is an American restaurant chain which offers an all-you-can-eat buffet and grill. It is a privately held company headquartered in the U.S. city of Raleigh, North Carolina, with locations in 43 U.S. states. Golden Corral was incorporated in 1972 and the first Golden Corral Family Steak House opened on January 3, 1973, in Fayetteville, North Carolina. The company has since expanded to nearly 500 locations across the United States; about 100 of them are company-owned. The others are franchised stores. Gross sales are over $1.53 billion. #1 Ranking - Entrepreneur magazine named Golden Corral #1 in category in their 2019 Annual Franchise 500, as well as, #1 in category in their 2019 Top Food Franchises.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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