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Bob Evans restaurant in Centerville sold

Find out if your Bob Evans restaurant will remain open

A Bob Evans restaurant in Centerville has been sold for more than $2 million.

The restaurant, located at 5525 Wilmington Pike, was sold to Four Corners Property Trust on Tuesday for approximately $2.1 million. Four Corners Property Trust is an independent, publicly-traded company that owns, acquires and leases restaurant and other retail properties.

» RELATED: Bobs Evans restaurants officially sold

California-based Four Corners announced last month that it acquired 16 Bob Evans properties in several states for more than $35 million. The 16 acquired properties are in Delaware, Indiana, Maryland, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia.

The acquired restaurants will not close.

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“We are pleased to announce our largest sale leaseback to date,” said Bill Lenehan of FCPT. “The properties have attractive lease terms, appropriate rent levels, and a large corporate tenant. We have confidence in the Bob Evans team and Golden Gate Capital to continue to perform well within the family dining subsector.”

» Bob Evans CEO: Restaurants will remain open

Bob Evans Restaurants has operations in 18 states. The parent entity, Golden Gate Capital recently acquired the restaurant portion of the Ohio-based Bob Evans business earlier this year for $565 million. Golden Gate Capital also runs restaurant chains like Red Lobster, California Pizza Kitchen, and On The Border.

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