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34313052
34313053

1025 North Hermitage Road, Hermitage, PA 16148

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
MA
NY 10401389299
Matthews
Listed by Matthews
$3,103,448
2 days on market
Updated 2 days ago

Golden Corral - 15 Year Sale Leaseback - Hermitage PA

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 10,343
Cap Rate 7.25%
NOI $225,000
Tenancy Single
Brand/Tenant Golden Corral
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 2 (two) 5 (five) year options
Price per SqFt $290
Acreage 1.870
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
Sale Condition 1031 exchange

Brand-New 15-Year NNN Sale-Leaseback | Golden Corral | Hermitage, PA | Healthy Rent | Growing Market

Investment 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.

Listing Contacts

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
MA
NY 10401389299
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$225,000.00
$18,750.00/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Zoning

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HC CommercialSpecial CommercialHighway Commercial
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kyle Matthews
License
RM423998, RB068831 (PA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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