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1025 N Hermitage Rd
Hermitage, PA 16148
Golden Corral · Retail Property For Sale
Investment Highlights
- Brand-new 15-year absolute NNN sale-leaseback with long-standing Golden Corral franchisee
- Outparcel to Walmart Supercenter with 20,100 VPD on N Hermitage Rd
- Tenant recently completed interior/exterior remodel showing long-term site commitment
- 5% rental increases every 5 years, including option periods — built-in rent growth
- New Target development underway 1 mile away with additional national credit tenants
- High-performing site with below 7% rent-to-sales ratio — Golden Corral #56 Franchise Times Top 500
Executive Summary
Kyle Matthews
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,343 SF
Building Class
B
Year Built
1975
Price
$4,378,034 CAD
Price Per SF
$423.28 CAD
Cap Rate
7.25%
NOI
$317,407 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.87 AC
Zoning
Commercial
Parking
64 Spaces (6.19 Spaces per 1,000 SF Leased)
Frontage
89’ on N Hermitage Rd
Amenities
- Freeway Visibility
- Signalized Intersection
Property Taxes
| Parcel Number | 11-145-114 | Improvements Assessment | $438,163 CAD |
| Land Assessment | $133,593 CAD | Total Assessment | $571,757 CAD |
Property Taxes
Parcel Number
11-145-114
Land Assessment
$133,593 CAD
Improvements Assessment
$438,163 CAD
Total Assessment
$571,757 CAD
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