Restaurant in Los Angeles

Photos available on request

Restaurant in Los Angeles

4,700,000 $
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Total area: 200 m² Yield: 5.0%
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Features
  • Absolute return: 209,150 €
  • Land area: 556 m²
  • 1-floor building
  • Percentage of the rented area: 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 and nearby objects

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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If this property wasn’t for you, take a look at other restaurants for sale in USA.

You can see more restaurants for sale in Los Angeles elsewhere on our website.

Enquire about this restaurant
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services