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Golden Corral | NNN | True 6.5% Cap 9711 E 71st St
10,500 SF Retail Building Tulsa, OK 74133 $8,709,750 CAD ($830 CAD/SF) 7% Cap Rate
Investment Highlights
- Absolute NNN Investment: Tenant is responsible for absolutely all expenses including taxes, insurance, structure, roof & area maintenance.
- Great Demographics: 35,000 house holds within 3 miles, Median HHI of $61,858, and a growing population
- Seasoned Brand: Over 50 years in business & award winning concept
- Experienced Franchisee: Revenue and net income details of Golden Corral
- High Traffic Intersection: 41,086 cars per day at 71st Street Intersection
Executive Summary
55 spaces available for customer parking. This is a stabilized absolute NNN investment with the tenant responsible for all operating expenses including roof, structure, and parking lot maintenance. Golden Corral opened their first restaurant in Fayetteville, North Carolina in 1973. They have a tradition of offering guests wholesome foods in a family-friendly atmosphere. 50 years later Golden Corral is honored to be called America’s #1 buffet & grill.
About the Tenant:
“I am writing on behalf of Rey Vasquez, who is a franchisee in excellent standing with Golden Corral Corporation. I have personally known Rey since March of 2006. Rey has served in many different capacities within Golden Corral, and as stated above, is a franchisee in excellent standing and a leader within our franchisee community.”
-Roy Hinojosa
Division President
Golden Corral Corporation
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
When their first Golden Corral® restaurant opened in Fayetteville, NC back in 1973, a fledgling Golden Corral Corporation took a confident first step into the restaurant business. From day one, they established the tradition of friendly service, great value and fresh, tasty food. Golden Corral® family-style restaurants specialize in the biggest and best buffet and grill available anywhere. Their famous Golden Choice Buffet® contains an array of hot meat options, as well as pasta, pizza, fresh vegetable choices, salad bar and a selection of carved meats at dinner and on Sundays.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 78060-84-06-32850 | Improvements Assessment | $234,593 CAD |
| Land Assessment | $109,871 CAD | Total Assessment | $344,464 CAD |
PROPERTY TAXES
Presented by
Golden Corral | NNN | True 6.5% Cap | 9711 E 71st St
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