Coffee shop, Los Angeles, USA

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Coffee shop, Los Angeles, USA

2,995,000 $
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Total area: 1,181 m² Yield: 3.3% Built in 2016
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Features
  • Absolute return: 89,350 €
  • Percentage of the rented area: 100%
  • Lettable area: 137 m²
  • Total rooms: 1
  • Street retail

It is a coffee shop in one of the biggest cities of United States.

Descrition

Lettable area is 137 sq. m.

Property situated in a brand new building, commissioned in 2016.

Coffee shop is leased out to a single tenant.

Financial performance

Absolute income is 100,033 $.

The current yield of 3,3%.

Tenants

The tenant is a large chain of coffee shops The Coffee Bean & Tea Leaf, which has opened over 950 stores worldwide since 1963.

Location and nearby objects

Property situated in area with high customer traffic, in close vicinity of school and public transport stops.

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Hospitals
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services