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29108892
29108893

690 Shaffer Rd, DuBois, PA 15801 For Sale

Forged Real Estate
SS
PA RS379039, NJ 1433421
Forged Real Estate
JY
PA PA RS345286
Forged Real Estate
MM
NJ, PA (+2)
Forged Real Estate
Listed by Forged Real Estate
$857,000
193 days on market
Updated 65 days ago

Ruby Tuesday

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,566
Cap Rate 7%
NOI $60,000
Occupancy 100%
Tenancy Single
Brand/Tenant Ruby Tuesday
Lease Type NNN
Lease Term 29.3
Lease Expiration 02/28/2031
Remaining Term 4.6
Rent Bumps Yes
Lease Options Three (3), Five (5) Year Options
Price per SqFt $154
Year Built 2001
Buildings 1
Acreage 1.380
Investment Type Net Lease
Lease Commencement 11/07/2001
Occupancy Date 11/07/2001
Ground Lease Yes

Ruby Tuesday | 7.00% CAP | NNN Ground Lease

Marketing description

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Ruby Tuesday, (the “Property”) in DuBois, Pennsylvania, a regional economic hub in northwestern Clearfield County. Ruby Tuesday operates on a corporately signed, triple-net (NNN) ground lease, providing investors with a fully passive, hands-off ownership experience. With no landlord responsibilities, this asset offers predictable cash flow and can be managed seamlessly from anywhere. Ruby Tuesday has successfully operated at this location since 2001, solidifying its presence and brand identity within the market. The tenant’s recent 5-year lease extension further underscores their commitment to the site and confidence in long-term performance. With annual rent positioned at $60,000, the asset offers an accessible entry into a nationally recognized casual dining tenancy.

Investment highlights

  • CORPORATE NNN GROUND LEASE – The lease is signed by Ruby Tuesday’s corporate entity and structured as a triple-net (NNN) ground lease, providing investors with a fully passive, hands-off ownership experience. With no landlord responsibilities, this asset offers predictable cash flow and can be managed seamlessly from anywhere.

  • PRIME, HIGH-VISIBILITY CORNER LOCATION – Positioned at the signalized intersection of Shaffer Road and Bee Line Highway, the property benefits from dominant corner exposure and excellent visibility to a combined 25,700 vehicles per day (VPD), driving consistent traffic and supporting long-term tenant performance.

  • ESTABLISHED 20+ YEAR OPERATING HISTORY – Ruby Tuesday has successfully operated at this location since 2001, solidifying its presence and brand identity within the market. The tenant’s recent 5-year lease extension further underscores their commitment to the site and confidence in long-term performance.

  • BITE-SIZED PRICED OFFERING – With annual rent positioned at $60,000, the asset offers an accessible entry into a nationally recognized casual dining tenancy.

  • LACK OF FULL-SERVICE CASUAL DINING OPTIONS – ONLY RUBY TUESDAY WITHIN 30 MILES – The surrounding market has a notable shortage of fullservice casual dining restaurants, positioning this site as one of the few true sit-down dining destinations in the area. As the only Ruby Tuesday location within a 30-mile radius, the property uniquely captures regional demand, drawing from a broad customer base without direct brand competition. This scarcity of comparable dining alternatives reinforces the tenant's market share, supports consistent traffic, and enhances long-term operational strength.

Listing Contacts

Forged Real Estate
SS
PA RS379039, NJ 1433421
Forged Real Estate
JY
PA PA RS345286
Forged Real Estate
MM
NJ, PA (+2)
Forged Real Estate
Listed by Forged Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Maxwell Leonard
License
PA
Name
Stephen Schrenk
License
RS379039
Brokerage Phone
610-608-2621
Name
James Yi
License
PA RS345286
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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