69455 La 59 Highway

Description

+/- 3700 sf restaurant location with ample parking on .6 acres. +/- 600 sf bar area. +/- 1200 sf interior dining interior. +/- 650 sf kitchen area. Hood and walk-in freezers to stay with the property. +/- 32 parking spaces. Updated septic system in 2022. Occupancy of +/- 60 persons. Wheel chair ramp and accessible all through the restaurant and restrooms. Coming available soon. This restaurant will be an owner occupant sale. Current restaurant to vacate.Investment Overview:A. Warehouse for Lease https://www.lacdb.com/listing/30839921Base Lease Rate: $16,788.21 per month ($6.85 psf NN)NN Fees:* Taxes: $23,721.73 ($1,985.18 per month or $0.81 psf)* Insurance: $22,280.63 ($1,862.63 per month or $0.76 psf)* CAM: Tenant Responsibility* NN Fees are $1.57 psfTOTAL GROSS PSF: $8.42TOTAL GROSS PER MONTH: $20,636.02B. Warehouse for Sale $2.3 million - Owner Financing Available - https://www.lacdb.com/listing/30856703C. Restaurant for Lease - https://www.lacdb.com/listing/30856496Base Lease Rate: $4000 per month ($12.97 psf NN)NN Fees:* Taxes: $2,985 ($248 per month or $0.81 psf)* Insurance: $7,892.06 ($657.67 per month or $2.13 psf)* CAM: Tenant Responsibility* NN Fees are $2.94 psfTOTAL GROSS PSF: $15.91TOTAL GROSS PER MONTH: $4,905.58D. Restaurant for Sale - $500,000 - Owner Financing Available - https://www.lacdb.com/listing/30856609E. Total Property - $2.6 million - Owner Financing Available - https://www.lacdb.com/listing/30856711