Restaurant in Los Angeles

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Restaurant in Los Angeles

$2,740,000
$8,277 /m²
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  • Total area
    331 m²
  • Yield
    5.0%
  • Built in 
    1955
Details
Property parameters
  • Land area: 566 m²
  • Number of parking lots: 6
  • 1-floor building
Financial performance
  • Annual income: $129,803
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2007
Features
  • 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 infrastructure

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

The regional higway passes neaby.

The bus stop is a minute's walk.

More properties

If this ad doesn't suit you, have a look at the other restaurants for sale in Los Angeles.

All ads in the country: restaurants for sale in the USA.

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