Restaurant
Long John Silver's
1255 E DuBois Ave, DuBois, PA 15801
Listing Price: $929,293
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Long John Silver’s located at 1255 Dubois Avenue in Du Bois, Pennsylvania. The site constructed in 1990, consists of roughly 3,000 rentable square feet of building space on estimated 1.03 acre parcel of land. This Long John Silver’s is subject to a long term, 15-year triple-net (NNN) lease, which commences on close of escrow. The annual rent is $46,000 and will grow by 10% every 5 years during the base lease term and during the six, five year tenant renewal option periods.
Broker of Record
Listing Price: $929,293
Investment Highlights
- 15-Year Absolute Triple-Net (NNN) Sale-leaseback
- Corporate Guarantee from Long John Silver's
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Long John Silver’s located at 1255 Dubois Avenue in Du Bois, Pennsylvania. The site constructed in 1990, consists of roughly 3,000 rentable square feet of building space on estimated 1.03 acre parcel of land. This Long John Silver’s is subject to a long term, 15-year triple-net (NNN) lease, which commences on close of escrow. The annual rent is $46,000 and will grow by 10% every 5 years during the base lease term and during the six, five year tenant renewal option periods.
Broker of Record
