Restaurant in Los Angeles

Photos available on request

Restaurant in Los Angeles

2,740,000 $
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Total area: 331 m² Yield: 5.0% Built in 1955
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Features
  • Absolute return: 121,930 €
  • Land area: 566 m²
  • 1-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 6
  • Most recent total renovation: 2007
  • Street retail

It is a restaurant in North-Western part of Los Angeles.

Description

The total area of a single-storey building is 331 m².

The plot of 566 m².

The property was built in 1955 and extensively renmodeled in 2007.

There is a parking for 6 vehicles.

The restaurant is fully leased out to a single tenant.

Financial performance

Absolute income is 137,000 $.

The current yield of 5%.

Tenants

The tenant is Japanese restaurant.

The NNN lease agreement is valid until 2021, all operating costs are borne by the tenant.

Location and nearby objects

The restaurant is situated on a retail thoroughfare near residential area.

The regional higway passes neaby.

The bus stop is a minute's walk.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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