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436 Parker St 10,020 SF Retail Building Springfield, MA 01129 $7,677,560 CAD ($766.22 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy traffic right now at the Route 20 intersection.
EXECUTIVE SUMMARY
This location has been in operation since 2009. The owner is looking to sell and retire. It’s situated in a high-traffic, prime business area.
Property Details:
10,020 sq. ft. building on a 2.05-acre lot
Seating capacity: 399
Parking: 130 spaces
Business Highlights:
Ranked #63 on the Franchise Times Top 400+ List
Annual Revenue: ~$4,000,000
Net Profit: ~12–15%
Asking Price: $5.5 Million (includes Building + Business)
Established Brand since 1973
A strong, nationally recognized family buffet brand with loyal customers, high volume, and consistent profitability.
Confidentiality:
All inquiries and tours are strictly by appointment only.
PROPERTY FACTS
AMENITIES
- Restaurant
- Waterfront
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- 10,020 SF
- -
- Triple Net
- -
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 | 10,020 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SPRI-009510-000000-000215 | Improvements Assessment | $1,498,200 CAD |
| Land Assessment | $1,372,198 CAD | Total Assessment | $2,870,397 CAD |
PROPERTY TAXES
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436 Parker St
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