Berkshire Hathaway-FTC
Listed by Berkshire Hathaway-FTC
$1,500,000
Man Wah Asian Bistro (Purple Ginger)
Details
APN 39-322-00-003
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 2,700
Net Rentable (SqFt) 2,700
Cap Rate 4.50%
Occupancy 100%
Tenancy Single
Lease Type Modified
Remaining Term 3
Rent Bumps Yes
Lease Options optional 5 year-additionals
Price per SqFt $593
Class B
Year Built 1974
Year Renovated 2006
Buildings 1
Stories 1
Acreage 0.390
Zoning M-N-S
Parking Spaces 13 per 1,000 sq ft
Investment Type Owner/User
Tenant Credit Credit Rated
Lease Commencement 04/01/2024
Occupancy Date 07/01/2026
Ground Lease No
Ownership Individual
A |2,700 SqFt Asian Bistro-Style with 22 years of continued success !
Marketing description
Here’s an excellent property for someone looking to fill-in or accommodate a ( 1.5 mil spot ) in an active 1031-exchange! One an investor looking for a solid package with good upside with options that are flexible in "LIKE-NOW" near future. Extremely flexible based on buyer's needs?
Investment highlights
Land size: .39 Acres 16,988 SF
Listing Contacts
Berkshire Hathaway-FTC
Listed by Berkshire Hathaway-FTC
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