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New Built Food Hall(Restaurant) 11016 Magnolia Blvd
5,028 SF Retail Building North Hollywood, CA 91601 For Sale
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INVESTMENT HIGHLIGHTS
- FULLY BUILT OUT FOOD HALL READY FOR OCCUPANCY.
- GHOST KITCHEN AND SHARED KITCHEN OPERATIONS IN THE BACK (COMMUNAL WALKS INS, DISHWASH, ETC)
- 5 FOOD STALLS WITH HOODS, SINKS, REFRIGERATION, AND EQUIPMENT READY FOR IMMEDIATE OCCUPANCY.
- FULL BAR IN SPACE WITH TYPE 47 LIQUOR LICENSE FOR SALE.
EXECUTIVE SUMMARY
Space Highlights
• Fully built-out food hall ready for occupancy.
• Five food stalls equipped with hoods, sinks, refrigeration, and equipment, ready for immediate occupancy.
• Ghost kitchen and shared kitchen operations in the back, including communal walk-ins, dishwashing, etc.
• Full bar in space with a Type 47 liquor license available for sale.
• Approx. 90-person seating occupancy inside and 28-person seating occupancy outside.
• Rear exit off the alley for third-party deliveries.
• Capitalize on the tremendous residential and mixed-use growth happening in the NOHO District, with over 2,000 new units within a short radius.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Mezzanine
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The Subject Property is a Fully Built Out Food Hall with 5 stalls, a full bar, a ghost kitchen in the back and a large shared kitchen space for refrigeration, dish wash, dry storage, prep areas, employee lockers, etc. The Property is available for Sale or Lease. Landlord is looking to lease the entire premises, not individual stalls. Operator can sublease to individual stalls or can operate all of their own concepts. The space is fully built out and ready to operate, including all equipment. Some of the stalls are designed for specific tenants (ie Pizza, Chinese) and the balance were defined universally. The Bar has a Type 47 liquor license which can be purchased separately.
Space | Size | Space Use | Position | Available |
1st Floor | 5,028 SF | Restaurant | - | Now |
1st Floor
Size |
5,028 SF |
Space Use |
Restaurant |
Position |
- |
Available |
Now |
1st Floor
Size | 5,028 SF |
Space Use | Restaurant |
Position | - |
Available | Now |
The Subject Property is a Fully Built Out Food Hall with 5 stalls, a full bar, a ghost kitchen in the back and a large shared kitchen space for refrigeration, dish wash, dry storage, prep areas, employee lockers, etc. The Property is available for Sale or Lease. Landlord is looking to lease the entire premises, not individual stalls. Operator can sublease to individual stalls or can operate all of their own concepts. The space is fully built out and ready to operate, including all equipment. Some of the stalls are designed for specific tenants (ie Pizza, Chinese) and the balance were defined universally. The Bar has a Type 47 liquor license which can be purchased separately.
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 2353-006-005 | Improvements Assessment | $1,276,706 |
Land Assessment | $2,063,350 | Total Assessment | $3,340,056 |
PROPERTY TAXES
Presented by
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New Built Food Hall(Restaurant) | 11016 Magnolia Blvd
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