AVAILABILITY DETAILS
- Size
- 3,214 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA549578
- Notes
- PROPERTY FEATURES
BUILDING SIZE 3,214 SF (patio area not included)
LAND 0.11 Acres (4,792 SF)
Areas SQ FT Breakdown
1st Floor: 1,721 SF
2nd Floor: 1,215 SF
External Cooler: 278 SF
Patio Area: 887 SF
PROPERTY TYPE ully Fixturized Restaurant / Bar
Tenancy 100% Occupied
STORIES 2 stories
YEAR BUILT 1920 (renov. 2015)
PARKING ±10 Compact Spaces
PARCEL 452-282-03
ZONING CC-3-9
SIGNAGE Available
FRONTAGE 52 ft. on Fifth Avenue
Financial Projections
SALE PRICE $ 2,750,000
SIZE 3,214 SF
RENT $7,715.50: NNN
ANNUAL RENT $ 92,586.
CAP RATE 3.14%
PRICE PSF $ 856 Structure / $ 574 Land Only
LEASE TERM Initial: 5-Years, (1) 5-Year Option, 5% Annual Increases
TENANCY Single Tenant NNN, 100% Occupied
- 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
Michael Glickstein, Pacific Coast Commercial