- Los Angeles Restaurant $4,700,000
- Basic parameters
- Photo
№ 1,583,568
Restaurant in Los Angeles
$4,700,000
$23,500 /m²
- Total area 200 m²
- Yield 5.0%
- Lease term —
- Constructed —
Key project parameters
- Total area
- 200 m²
- Floors
- 1
Project description
It is a small restaurant for sale in Western part of Los Angeles.
Description
The total area of a single-storey building of 200 m².
The plot of 556 m².
The property is in excellent condition.
The restaurant is fully leased out to a major tenant.
Tenants
- Agreement
- n/a
Tenant is a restaurant chain Denny's fast food, founded in 1953.
The annual turnover of the company exceeds $ 500 million.
Financial performance
- Yield
- 5.0%
Absolute income is 235,000 $.
The current yield of 5%.
Location and nearby infrastructure
The restaurant is situated on a retail thoroughfare near the residential area.
There is a major regional highway not far away.
Public transportation within the walking distance.
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- annual yield
- From 10%
- exit period
- 3 years
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Commercial Real Estate Expert
Commercial Real Estate Expert
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