Rare FOR LEASE opportunity. This restaurant's equipment and fixtures are BRAND NEW. The old tenant was building the restaurant and was forced to vacate the premises leaving behind all brand new equipment, fixtures and 2 finished bathrooms for you to use (ask to see pictures, equipment list, and video of restaurant). The restaurant is ready for take over for nearly any food concept. It seats approximately 100-130 inside plus has a great outdoor patio space which could seat 20-30. THIS IS A MUST SEE if you've been looking for a FOR LEASE OPPORTUNITY.
PROPERTY HIGHLIGHTS INCLUDE:
-Dense, in-fill demographics, with approximately 162,000 residents in a 3-mile radius, 635,649 residents in a 5-mile radius and approximately 364,427 daytime employees in a 5 mile radius (2008 stats).
-Annual Household Incomes are very solid at approximately $88,360 in a 1-mile radius and $66,174 in a 3-mile radius (2008 stats).
-Ethnically diverse community with approximately 40% Hispanic, 20% Asian, and 26% African American residents in a 3-mile radius
-Very near to a Major California University with approximately 13,000 students and faculty
-Very near to a Major Sporting Event Facility with events All Year Round
-Very Near to the area's Favorite Mall.
-Easy access to several Major Freeways
-The center is almost always very busy and vibrant.
-Two bathrooms which should qualify premises for beer/wine license and possibly a full-liquor license.
-Large Parking Lot anchored by Supermarket
PROPOSED LEASE TERMS:
Are negotiable to an applicant with strong financial wherewithal, experience, and credit worthiness, so bring your best application and negotiate great lease terms (ask for a lease application). Base Rent is being offered at $2.50 per square foot plus NNN. NNN's run at $0.59/ft.
OPTION TO BUY EQUIPMENT:
There might be an option to purchase the equipment. Please show your interest if this is an option you would like.
Take the next step and click on one of the orange buttons below to obtain the restaurant's address and pictures.
***PLEASE NOTE: You must schedule an appointment if you would like to view the inside of the restaurant and equipment due to the restaurant being non-operational.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 25,970 | 163,281 | 632,147 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 8,050 | 45,145 | 175,745 |
2010 Persons Per Household | 3.14 | 3.49 | 3.48 |
Median House Value | $362,600 | $310,795 | $329,472 |
Income Per Household | $80,092 | $62,811 | $51,686 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 710 | 4,148 | 10,838 |
2012 Number Of Employees | 36,376 | 197,888 | 419,634 |
2012 Total Annual Payroll | $715,874,000 | $4,294,967,295 | $4,294,967,295 |
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