INVESTMENT SUMMARY Sale Price:$3,103,450 Cap Rate:7.25% Building10,719 Sq. Ft. Land Size:2.015 acres Seats:395 Parking:134 vehicles Year Built:2011 NOI:$225,000.

INVESTMENT SUMMARY• Sale Price: $3,103,450

• Cap Rate: 7.25%

• Building 10,719 Sq. Ft.

• Land Size: 2.015 acres

• Seats: 395

• Parking: 134 vehicles

• Year Built: 2011

• NOI: $225,000

• Lease Term: 2031

• Lease Type: Absolute NNN

• Increases: 1% annual increases

• Options 2 x 5 years w/same increases

TENANT INFORMATION• Franchisee with 15 yrs experience as owner/operator of multiple fast

food concepts including Papa John’s, Dunkin Donuts, Subway, Popeye’s, Checkers & Golden Corral

• Has five Golden Corrals in the Lexington, KY area and two Golden Corrals in New Jersey. This will be their 8th Golden Corral Restaurant

• Operates highest volume GC in northeast (Egg Harbor, NJ)

Demographics – Delran, NJ

Total Population 28,894

Median HH Income $58,526

Traffic Count 50,565

Golden Corral2904 Rte 130 North Delran, NJ 08075

GOLDEN CORRAL• Started in 1973 (North Carolina)• America’s #1 buffet/grill concept for last 14

years• Serving breakfast, lunch & dinner• 500 locations; 400 franchised, in 41 states• Expansion planned for 40 new units • 9,000 employees

AREA INFORMATION•Located on US 130 (Burlington Pike) a major, hi volume thoroughfare through the Philadelphia suburbs.

•Near The Marketplace at Cinnaminson, anchored by Sam’s Club and Wal-Mart. Memorial Hospital is on Taylors Lane

•Other major retailers include McDonalds, Subway, Sleep Inn, Bank of America, Target, Rite Aid, CVS, Wendy’s, Party City

•Next to large, upscale apartment & townhouse complex (Tenby Chase)

1010 Northern Blvd, Ste 208Great Neck, NY 11021PH: 516-482-0220FX: [email protected]

South Jersey

Medicine

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Sudzy Car Wash