Golden Corral — Sale in Tucson, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Tucson, AZ 85711

Photos

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Investment Figures

Cap rate
6.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Golden Corral is a privately held American restaurant company best known for its all-you-can-eat buffet concept. Founded in 1973 in Fayetteville, North Carolina, the company is now headquartered in Raleigh, North Carolina and has grown into the largest buffet-style restaurant chain in the United States. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents. Investment Highlights: • New 20-Year Absolute Triple-Net (NNN) Lease with Multi-Unit Golden Corral Franchisee (More Than 20 Locations in 10 States) • Longstanding Site - Golden Corral has Operated at This Location for More Than 30 Years - Strong Sales • Annual Rental Increases with Multiple Renewal Options • 11,528 Square Feet Freestanding Restaurant Asset Situated on a Large 2.359-Acre Parcel • Golden Corral is One of the Nation's Largest Buffet Restaurant Concepts and a Long-Established Family Dining Brand with Approximately 350 Locations • Densely-Populated Tucson Trade Area with a Daytime Population of Nearly 400,000 People Within Five Miles

Market Context

This food service in Tucson, AZ is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Tucson, AZ — view the full market.

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