Active
Private Address
$350,000
$130.11 per sqft
Active
2,690 sqft
Commercial
Restaurant Asset Sale!!! This is a rare find opportunity in the city of Placentia. Restaurant was built in Feb 2023. Convenient location, Great location, Money Making location in Placentia which is adjacent to the city of Fullerton and close to 57 FWY. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and traffic. Anchor tenants include Crunch Fitness, Dollar Tree, Grocery Outlet etc. 2,690 sq.ft spaces with 91 seat capacities, two restrooms, huge kitchen service area (1,043 sq.ft.), and a 24' hood. Type 41 Beer&Wine license is included in the sales. Sale includes all FF&E. City/County/ABC permits and licenses are up to day. This is a truly unique opportunity to step into a steady and busy turn-key restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name is not included in the sale. Call today for more information. Business Highlights:A *Established since 2023 *Intersections of N Placentia Ave & W Bastanchury Road *Lease expiration Jan 2033 with one 10 years option, Annual Increase 3% *Current Lease Rate: $6,725/month, CAM: $1,066/mo
CRWS24038674
MLSⓇ ID
February 25, 2024
Listed
March 29, 2024
Updated
Map
Private Address
Other Property Details
Area Name
Placentia
Garage
No
View
No
County
Orange
Pool
No
Buyer Agency Compensation
4%
Listing History
Date | Event | Price |
---|---|---|
3/29/2024 | Price Change | $350,000 -23% |
Listed by ARTHUR HUANG with Pinnacle Real Estate Group
Listing Contact: 626-321-4788
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