The Opportunity

Summary

  • Price $857,000
  • Cap Rate 7.00%
  • NOI $60,000**
  • Lease Type NNN Ground Lease
  • Building Size 5,566 SF
  • Parcel Size 1.38 Acres
  • Year Built 2001
  • Remaining Lease Term 5+ Years
  • Options Three (3), Five (5) Year Options
  • Rental Increases 8.33% Next Option

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Ruby Tuesday, (the “Property”) in DuBois, Pennsylvania, a regional economic hub in northwestern Clearfield County. Ruby Tuesday operates on a corporately signed, triple-net (NNN) ground lease, providing investors with a fully passive, hands-off ownership experience. With no landlord responsibilities, this asset offers predictable cash flow and can be managed seamlessly from anywhere. Ruby Tuesday has successfully operated at this location since 2001, solidifying its presence and brand identity within the market. The tenant’s recent 5-year lease extension further underscores their commitment to the site and confidence in long-term performance. With annual rent positioned at $60,000, the asset offers an accessible entry into a nationally recognized casual dining tenancy.

Positioned at the signalized intersection of Shaffer Road and Bee Line Highway, the property benefits from dominant corner exposure and excellent visibility to a combined 25,700 vehicles per day (VPD), driving consistent traffic and supporting long-term tenant performance. The property serves as the exclusive Ruby Tuesday location within a 30-mile radius, capturing a wide regional customer base without nearby brand competition.

**Pricing based on 3/1/2026 rental increase. Seller will credit buyer the difference from date of closing to 3/1/2026.

Investment Highlights

CORPORATE NNN GROUND LEASE – The lease is signed by Ruby Tuesday’s corporate entity and structured as a triple-net (NNN) ground lease, providing investors with a fully passive, hands-off ownership experience. With no landlord responsibilities, this asset offers predictable cash flow and can be managed seamlessly from anywhere.

PRIME, HIGH-VISIBILITY CORNER LOCATION – Positioned at the signalized intersection of Shaffer Road and Bee Line Highway, the property benefits from dominant corner exposure and excellent visibility to a combined 25,700 vehicles per day (VPD), driving consistent traffic and supporting long-term tenant performance.

ESTABLISHED 20+ YEAR OPERATING HISTORY – Ruby Tuesday has successfully operated at this location since 2001, solidifying its presence and brand identity within the market. The tenant’s recent 5-year lease extension further underscores their commitment to the site and confidence in long-term performance.
BITE-SIZED PRICED OFFERING – With annual rent positioned at $60,000, the asset offers an accessible entry into a nationally recognized casual dining tenancy.

LACK OF FULL-SERVICE CASUAL DINING OPTIONS – ONLY RUBY TUESDAY WITHIN 30 MILES – The surrounding market has a notable shortage of fullservice casual dining restaurants, positioning this site as one of the few true sit-down dining destinations in the area. As the only Ruby Tuesday location within a 30-mile radius, the property uniquely captures regional demand, drawing from a broad customer base without direct brand competition. This scarcity of comparable dining alternatives reinforces the tenant's market share, supports consistent traffic, and enhances long-term operational strength.

Site Plan

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Brokerage Team

Marc Mandel

Marc Mandel

Managing Principal
Forged Real Estate
Steve Schrenk

Steve Schrenk

James Yi

James Yi

Director
Forged Real Estate
Marco DiPrinzio

Marco DiPrinzio

Greg Zimmerman

Greg Zimmerman