Commercial Property-Free Standing Restaurant

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HUGE PRICE REDUCTION ON THIS FANTASTIC COMMERCIAL PROPERTY
Asking Price:
$1,650,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an 8,370 square foot retail restaurant building in Hemet, CA. It is located on .089 acres located directly across the street from a Walmart neighborhood store and drive-thru Starbucks. There is 194 feet of excellent frontage visibility on Florida Avenue and it is also at a signalized intersection with Palm Avenue. There are 75 free surface spaces: ratio of 8.591/1000. The current restaurant tenant leases at below market rate. Per the existing lease, the new owner/user would be able to renegotiate the lease terms or terminate the lease. The area has a walk score of 71, which represents high walkability.

About the Business

Facilities:
Currently used as a restaurant

Fantastic Deal for this large commercial property! ---This is an 8,370 square foot retail restaurant building in Hemet, CA. It is located on .089 acres located directly across the street from a Walmart neighborhood store and drive-thru Starbucks. There is 194 feet of excellent frontage visibility on Florida Avenue and it is also at a signalized intersection with Palm Avenue. There are 75 free surface spaces: ratio of 8.591/1000.
Growth & Expansion:
The current restaurant tenant leases at below market rate. Per the existing lease, the new owner/user would be able to renegotiate the lease terms or terminate the lease. The area has a walk score of 71, which represents high walkability.
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Listing Info

ID:
1481822
Ad Detail Views:
574

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Business Listed by

Robert Cunio

Transworld Business Advisors San Diego Central
License# 02019152

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Certifications:

U.S. Census Data for Riverside County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Riverside County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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