Golden Corral

Lowest
Cap Rate

6.50%

Lowest cap rate over past 24 months

Average
Cap Rate

7.25%

12 mo avg with 5+ yr lease term

Overview

Golden Corral buildings are typically large-format, ranging from 10,000 to 12,000 square feet on 2.0 to 3.0-acre lots. Most locations are freestanding and feature high parking ratios, full commercial kitchens, and banquet-style seating. Leases are generally structured as 15- to 20-year absolute NNN, with 10% rent increases every 5 years. Most units are operated by franchisees, and corporate-backed leases are less common. Sites are often located near highway exits, regional shopping centers, or densely populated suburban corridors.

Average Property & Lease

Average Sale Price	$2,500,000 – $3,500,000
Average NOI	$175,000 – $250,000
Building SF	10,000
Lease Term	15 Years
Escalations	10% Every 5 Years
Stock Symbol	N/A

CREDIT RATING

S&P	N/A
Moody's	N/A

TENANT DESCRIPTION

Golden Corral was founded in 1973 in Fayetteville, North Carolina, with the vision of offering quality food at an affordable price in a family-friendly buffet format. The brand quickly became known for its expansive offerings, including hot entrées, salad bars, bakery items, and carving stations. Golden Corral has remained privately held and is considered one of the largest buffet-style restaurant chains in the United States, appealing to value-driven diners and large groups.

Founded	1973
Headquarters	Raleigh, NC, U.S.
Number of Locations	350
Revenue	$1.5 B
Company Website	https://www.goldencorral.com
Key Principal	Lance Trenary

Golden Corral

Lowest Cap Rate

6.50%

Average Cap Rate

7.25%

Overview

Average Property & Lease

CREDIT RATING

S&P

N/A

Moody's

N/A

TENANT DESCRIPTION

PROS

CONS

COMPANY QUICK STATS

Lowest
Cap Rate

Average
Cap Rate