Available For Sale - Retail

2,600 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
2,600 SF
Price/SF
Show Pricing $
Listing ID
SA407354
Notes
INVESTMENT OVERVIEW

HIGHLIGHTS

• Robust Store Sales: Store produces about $1M in gross sales annually and trending upwards.

• Conservative Rent to Sales Ratio: The rent is set at a 4.8% Rent to Sales Ratio which is a sustainable rent for the restaurant operator.

• Experienced Franchisee: Restaurant operator has been operating this Little Caesars for 5 years and has been in the restaurant business for 30+ Years.

• Personal Guarantee: The lease will be backed by a high net worth individual/operator. Contact broker for more information.

• Net Leased Investment: Tenant is responsible for all real estate taxes,insurance, and property maintenance.

• Rare CA Bite Sized 14-Year Leaseback: Hard-to-find small price point single tenant retail property in California.





ADDRESS: 270 M STREET

CRESCENT CITY, CA 95531

APN 118-080-020-000

YEAR BUILT 1966 (RENOVATED 2015)

TOTAL GLA 2,600 SQUARE FEET

LAND AREA ±0.33 ACRES (14,315 SQUARE FEET)
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Ryan Sharpe, Vantis Capital Advisors