11,206 Square Foot Retail Space For Sale @ 12255 Highway 49

Ten-X is pleased to present the opportunity to acquire the absolute NNN leased Golden Corral restaurant located in Gulfport, MS. The property is offered individually or as a part of a larger portfolio (please inquire for additional details). Golden Corral has 11 years remaining on a 15 year base lease term, featuring 9.8% rental increases every 5 years. The base term is followed by 4, 5-year options, with 9.8% increases in each option. The Property is located along Route 49, Gulfport’s primary retail thoroughfare. Nearby retailers include Walmart, K-Mart, Goodwill, Rite Aid, Winn-Dixie, and Hobby Lobby. The Crossroads Center, 2 miles south of Golden Corral, features tenants Belk, Old Navy, Ross, TJ Maxx, Michaels, Petsmart, and Academy Sports, among others. Golden Corral is an established national brand with approximately 500 locations across 41 states. There are a total of 5 Golden Corral restaurants in Mississippi. Also Available: Golden Corral 160 S. Marlin Road, Greenwood, IN 46142 $2,673,105 Golden Corral 2224 E. Perry Road, Plainfield, IN 46168 $2,324,439 Golden Corral 1480 Eastern Boulevard, Montgomery, AL 36117 $5,026,829