12118 Brookhurst St
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12118 Brookhurst St
5,409 SF Retail Building Garden Grove, CA 92840 $5,200,000 ($961/SF) 5.30% Cap Rate
Investment Highlights
- Retail Investment Property with Top Performing K-BBQ Restaurant Tenant.
- Excellent Foot Traffic in Area.
- Business not Included.
Executive Summary
Investment Triple Net
Tenant is All You Can Eat Korean BBQ: Bullgogi K-BBQ
Gross sales: $300,000/mo.
20-year Lease, 3% increase / year
Beer & Wine License
Plenty of Parking in the area
Tenant is All You Can Eat Korean BBQ: Bullgogi K-BBQ
Gross sales: $300,000/mo.
20-year Lease, 3% increase / year
Beer & Wine License
Plenty of Parking in the area
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,409 SF
Building Class
C
Year Built
1959
Price
$5,200,000
Price Per SF
$961
Cap Rate
5.30%
NOI
$275,600
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.34
Lot Size
0.36 AC
Zoning
BCSP, Garden Grove
Parking
45 Spaces (8.32 Spaces per 1,000 SF Leased)
Frontage
55 FT on Brookhurst St
Amenities
- Bus Line
- Signage
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 089-453-45 | Improvements Assessment | $327,134 |
Land Assessment | $556,835 | Total Assessment | $883,969 |
PROPERTY TAXES
Parcel Number
089-453-45
Land Assessment
$556,835
Improvements Assessment
$327,134
Total Assessment
$883,969
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12118 Brookhurst St
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