Yigah Korean Restaurant 8562 Garden Grove Blvd 4,598 SF Retail Building Garden Grove, CA 92841 $3,190,000 ($693.78/SF) 7.52% Cap Rate

EXECUTIVE SUMMARY

BACK in MARKET with Major PRICE DEDUCTION!! BEFORE $3,290,000 ---------- NOW $3,190,000
SBA LOAN APPROVED - Qualified buyer can be waived the phase 1 fee and appraisal fee
Great chance to grab a deal and save money!
-Popular Korean Restaurant in Garden Grove Area
-Yigah Korean Cuisine
-Spacouse Parking Lot
-Restaurant with Hard Liquor License
Call Samuel For More Info 323-516-9044

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,598 SF
Year Built
1972
Price
$3,190,000
Price Per SF
$693.78
Cap Rate
7.52%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.55 AC
Zoning
GGMU2
Parking
40 Spaces (8.69 Spaces per 1,000 SF Leased)
Frontage
134’ on Garden Grove Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
Walk Score®
Very Walkable (77)

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Club Pilates
Planet Fitness
Starbucks
Chase Bank
Denny's
Lee's Sandwiches
Stater Bros Markets
Bank of Hope
Bank of Montreal

PROPERTY TAXES

  • Listing ID: 33599539

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 8562 Garden Grove Blvd, Garden Grove, CA 92841