Listed by DAUM Commercial Real Estate Newport Beach
$4,250,000
Commercial Kitchen Facility
Details
Property Type Industrial
Sub Type Refrigerated/Cold Storage, Commercial Kitchen Facility
Square Footage 6,881
Tenancy Single
Year Renovated 2003
Lot Size (SqFt) 13,600
Parking Spaces 14 spaces
Parking Per SqFt 2.03
Industrial | 6,881 SqFt
Marketing description
This ±6,881 SF shared kitchen facility is situated on a ±13,600 SF parcel with 21 brand-new kitchen units.
Investment highlights
- ±6,881 sf fully improved shared commercial kitchen facility
- Situated on a 13,600 sf parcel
- 800 Amps (129/280V) *VERIFY
- 21 turn-key kitchens (average ±211 sf)
- 14 dedicated parking spaces
- Two (2) ADA restrooms
- Commercial Kitchen Upgrades:
- Kitchen size range 186sqft - 252sqft
- Storage Freezer (120 sqft)
- Storage Cooler (212 sqft)
- 2023 Upgrades: This facility has undergone significant improvements:
- New Roof (2023)
- Five (5) New Commercial Roof-Mounted HVAC’s (800 CFM)
- Brand New Fire Sprinkler System
- Floor Drains Throughout
- Upgraded Power to 800 amps (120/208v) *Verify
- New Asphalt in Parking Lot
- New Gas Line
- The property is currently vacant, however, Market Rent Per Kitchen is:
- Rent: $2,700/mo
- Kitchen Reimbursement: $1,860/mo (daily janitorial, maintenance, all utilities, onsite staff etc)
- Total Gross Rent Per Month: $4,560 per kitchen x 21 Kitchens = $95,760/mo
Listing Contacts
Listed by DAUM Commercial Real Estate Newport Beach
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