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1025 N Hermitage Rd, Hermitage, PA, 16148

Golden Corral

$3,103,448

Key Information

Cap Rate
7.25%
$ per SF
$290
Tot. SF
10,343
Lot Size
1.87 Acres
Term Remaining
± 15 Years
Type
Retail
NOI
$225,000

Highlights

• Situated in a highly visible high traffic commercial corridor and an outparcel to a Walmart Supercenter in Hermitage PA
• The site benefits from 20,100 (VPD) passing by N Hermitage Rd
• An exciting brand-new target development is underway only 1 mile away, accompanied by additional national credit tenants/retailers
• Incoming retail traffic is expected to increase daily visits, strengthen trade-area synergy, and drive additional customer flow to the restaurant
• New 15 Year Sale Leaseback, Investors Can Benefit from Long Term Rental Income
• Absolute Triple Net (NNN) providing investors truly passive income
• Attractive Rental Increase | 5% Every 5 Years, Including Options Periods
• Two (2) Five (5) Year Options
• Tenant Recently Completed and Interior/Exterior Remodel Showing Long Term Commitment to The Site
• National Tenant – Golden Corral is Recognized As the Largest Family- Style Buffet Chain in the United States With Over 400 locations, Serving Millions of Guests Every Year.
• High Performing Site – With Below a 7% Rent to Sales Ratio
• In 2025, Golden Corral Ranked #56 on Franchise Time’s Top 500 List and in 2022 Earned the Silver Plate Award by International Foodservice Manufacturers Association.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203