ORION Sells Golden Corral for $413 per Square Foot Article originally posted on HERE on January 18, 2019 ORION Investment Real Estate is pleased to announce the sale of the 10,015-square-foot Golden Corral in Yuma, Arizona. Selling for $4,131,633, and nearly $413 per square-foot, the stable and successful Golden Corral Restaurant has been operating since mid-2004. The transaction was listed, marketed and closed in 65 days. Judi Butterworth, Senior Vice President of ORION, represented the Seller, Edwards Corral LLC. Butterworth said, “This was a win-win for both the buyer and the seller. The well-located restaurant is successful, fairly priced, and has a strong history. The buyer was able to take advantage of this, plus the building is located in an Opportunity Zone.” The property is situated at the intersection of two major highways, Interstate 8 and Arizona 95. Across Interstate 8, Yuma Palms Regional Center is an outdoor regional mall that includes Target, Dillard’s, JC Penney and Sam’s Club. Radisson, Fairfield, Baymont by Wyndham, Homewood Suites, and Hampton Inn & Suites are just some of the examples of hotels in the immediate trade area. March 31, 2020 As April Rents Loom, Phoenix Real Estate Leaders Grapple with Potential Losses How Innovation Zone Could be an East Valley Game-changer Do Recent Interest Rates Cuts Portend a Refi Windfall? Maybe Not Walmart and Publix, Landlords as Well as Grocers, Waive Rent to Businesses Hit by Coronavirus Arizona Banks Agree to Ease Foreclosures and Evictions, Provide Relief to Borrowers and Small Businesses March 30, 2020 Increased Demand for Warehouse Space and Labor Created by COVID-19 Could be a Long-Term Trend Why the Pandemic Won’t Derail Growth in Phoenix Construction Leaders Stress That Work Should Go On Despite Pandemic Here are 6 Projects to Watch in the Valley How Will Coronavirus Affect Global CRE Deal Volume?