+44 20 3608 1267
Restaurant in Los Angeles with a 5% yield

Photos available on request

Restaurant in Los Angeles with a 5% yield

4,409,000 €
Submit request
Total area: 200 m² Yield: 5.0%
  • Absolute return: 209,150 €
  • Land area: 556 m²
  • 1-floor building
  • Renter: 100%
  • Street retail

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.

Financial performance

Absolute income is 235,000 $.

The current yield of 5%.

Tenants

Tenant is a restaurant chain Denny's fast food, founded in 1953.

The annual turnover of the company exceeds $500 million.

Location

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.

Similar listings

We are looking for similar ads

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Los Angeles
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%