Listed by SURMOUNT
$6,519,200
Golden Corral
Details
Property Type Retail
Sub Type Restaurant - casual dining
Square Footage 14,250
Cap Rate 6%
NOI $391,152
Occupancy 100%
Tenancy Single
Brand/Tenant Golden Corral
Lease Type NNN
Lease Term 15
Lease Expiration 06/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 2, 5-Year Options
Year Built 2014
Acreage 3.040
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/03/2015
Ground Lease No
Ownership Fee Simple
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Golden Corral located at 7300 Interstate 35, Austin, TX 78745. The site consists of roughly 14,250 rentable square feet of building space on an estimated 3.04-acre parcel of land. Golden Corral is subject to a 15-year Triple Net (NNN) lease, which commenced 6/3/2015. The current annual rent is $391,152 and has scheduled increases of 5.00% Every 5 Years.
Investment highlights
- Absolute NNN Lease | There are over four (4) years remaining on an original fifteen (15) year absolute triple - net (NNN) lease, with no landlord responsibilities. The lease features five percent (5%) increases every five years, which continue throughout the option periods.
- Corporate Guarantee | Golden Corral is an American all-you-can-eat buffet and grill chain. It is a privately held company headquartered in the U.S. city of Raleigh, North Carolina, with locations in 43 U.S. states and Puerto Rico.
- Casual Dining Industry Outlook | Global Casual Dining Market size was valued at USD 333.02 Billion in 2025, expected to reach USD 575.5 Billion by 2035, with a CAGR of 5.5% from 2025. Around 64% of consumers prefer dine-in experiences, while 57% are influenced by menu variety and brand loyalty.
- Robust Demographics | The area is highly populated as there are over 20,000 individuals within a one-mile radius of the property, over 130,000 within a three- mile radius, and over 287,000 within a five-mile radius. The average household income exceeds $115,000 within a five-mile radius.
- Dense Retail Corridor | The subject property is situated in a dense retail corridor, surrounded by both national and local tenants. There are major shopping centers, including Southpark Meadows and South Brook Town Center within two miles of the property, each have over 100 tenants.
- Austin, TX MSA | Austin is the capital city of Texas and is the fifth most populous city in the state as well. Austin has been one of the fastest-growing large cities in the United States since 2010. The city has grown into a strong technology and business center with a number of Fortune 500 companies with headquarters or offices in the city.
- Exceptional Traffic Counts | This Golden Corral is located along Interstate-35 which experiences over 160,000 vehicles per day. Interstate-35 provides direct access to downtown Austin. Interstate-35 runs North-South through Texas, connecting Dallas, San Antonio, and Austin.
- Austin - Bergstrom International Airport | The Austin International Airport is roughly six miles from this Golden Corral. The airport services over 20 million passengers per year and provides over 200 daily flights and nonstop service to 75+ domestic and international destinations.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$391,152.00
$32,596.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
LI IndustrialLight IndustrialLimited Industrial Services
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View all 147 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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