Listed by LCB Associates
$2,550,000
Berkeley Peet's Coffee and Burger Restaurant
Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,070
Units 2
Cap Rate 6.45%
NOI $164,512
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 8
Price per SqFt $831
Lot Size (SqFt) 4,177
Investment Type Net Lease
Peet's Coffee with Recent Extension/Renovation and Local Burger Restaurant
Marketing description
PROPERTY OVERVIEW Triple net leased two tenant retail building (both with cafe/restaurant infrastructure) on Solano Avenue. One long term leased space to Peet's coffee, and one short term lease to Oh G Burger. Generational asset in an extremely high traffic corridor. PROPERTY HIGHLIGHTS High Profile Location Generational Asset with Two Food Users A mix of Strong National Tenancy and local eateries Outdoor storage/trash area HVAC.
Investment highlights
PROPERTY HIGHLIGHTS
High Profile Location
Generational Asset with Two Food Users A mix of Strong National Tenancy and local eateries
Outdoor storage/trash area
HVAC
Listing Contacts
Listed by LCB Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,512.00
$13,709.33/mo
Valuation Metrics
0
DSCR
6.45%
Cap Rate
6.45%
ROI
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