Hot Listing
Food Cart Pod in NE Portland - Full Occupancy - 16.5% CAP - 20% IRR
Business Description
-Fourteen space food cart pod in Northeast Portland, organic growth with strong potential upside
-Ideal Incubator Model for restaurant industry with low entry barrier for tenants
-Multiple Avenues of Upside Opportunity – Expense Recapture, Streamlining of Facilities, Repurposing of Underutilized Space, Compression of Rent Delta
-Fully in Compliance with Portland’s New Food Cart Pod Regulations – Perfectly Poised to Benefit from Carts Displaced from Non-Compliant Pods
-Long-term leases and full occupancy
-Long term favorable lease on the land
-Ideal Incubator Model for restaurant industry with low entry barrier for tenants
-Multiple Avenues of Upside Opportunity – Expense Recapture, Streamlining of Facilities, Repurposing of Underutilized Space, Compression of Rent Delta
-Fully in Compliance with Portland’s New Food Cart Pod Regulations – Perfectly Poised to Benefit from Carts Displaced from Non-Compliant Pods
-Long-term leases and full occupancy
-Long term favorable lease on the land
About the Business
- Years in Operation
- 4
- Currently Home Based
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,470
- Rent
- $5,000.00 per month
- Lease Expiration
- 7/1/2036
About the Sale
- Seller Motivation
- Capital Reallocation
- Transition Support
- As much support as needed. Owner willing to provide training, management assistance and support.
Listing Info
- ID
- 2251282
- Listing Views
- 8353
Listing ID: 2251282 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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