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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

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Citi
Sprouts Farmers Market
Bambu
Hummus Republic
The Habit Burger Grill
Chase Bank
ALDI
Wells Fargo Bank
U.S. Bank
24 Hour Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
089-453-45
Land Assessment
$556,835
Improvements Assessment
$327,134
Total Assessment
$883,969
  • Listing ID: 33809659

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 12118 Brookhurst St, Garden Grove, CA 92840

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