Trophy condition! Turnkey restaurant in prime Tustin/Irvine area.

Trophy condition of turnkey restaurant with beer & wine license

"Please inquire about this listing through the contact form. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you."

#1352921
Area: Tustin
Asking Price: $99,000
Base Rent: $8,250.00
NNN: $4,658.44
Lease Term: Until September 7th, 2031 + (2) 5 years option
Size: 2,200 sq. ft. + Patio
Security Deposit: $14,387.91
Seating Capacity: 55 + 60 (Patio)
Parking: Site parking
Liquor License: 41 (On-Sale Beer & Wine)
Reason for Selling: Focus on other business

This restaurant is situated in a highly popular shopping center, featuring prominent tenants such as In-N-Out Burger, Chick-fil-A, Whole Foods, and more. New tenants, including Karaoke, Japanese BBQ, and a Vietnamese concept, are coming soon to fill the vacant spaces. The lease terms are very favorable, with a rent increase every five years. The kitchen is equipped with a 17-foot hood system, a walk-in cooler, a grease trap interceptor, and kitchen equipment in almost new condition, just a year old. You have the opportunity to convert this space to your own concept. However, given the diverse range of restaurants in the shopping center, please inquire upfront if your concept would be acceptable!