Tustin/Irvine 2nd Generation Restaurant For Sale
| Asking Price: | $425,000 |
| Established Year: | 2017 |
This 1,500 restaurant has it all: great location, excellent visibility and prominent frontage, low rent, new buildout, tons of free parking, Pylon signage, and a wealthy neighborhood with a history of dining out. Key Highlights:
* Low Rent & NNN
*Approx. 16 ft. Of Type 1 Hood w/ Grease Interceptor (FF&E List Available)
* Plug and play adaptable for many types of concepts
* Convenient Delivery App Location (1-5 Mile Radius)
* Rare Turnkey Location In High Barriers To Entry Tustin/Irvine Trade Area
* Easily Accessible next to Interstate 5 Fwy @ Red Hill Ave. 329,000 cars/daily
This destination location rents for $2,925.00/Mo. for the duration of the existing Term ending 10/31/26. There is 1 Option to Extend the term for 5 years at FMV. This well laid out unit opened in 2016 and just exercised its first option to the current rent, previous term was $2,775.00/Mo., only a modest increase. NNN's are a low $1,192.00/Mo.
The Premises are totally turnkey and suitable for many concepts, has newer Kitchen equipment including Type 1 hood, grease interceptor, refrigerators, prep equipment etc, a full list of included FF&E is available. There are 2 bathrooms as well providing a future user the ability to obtain an ABC license should they so choose.
Given how difficult it is to find quality restaurant space in the high barriers to entry Irvine/Tustin Trade area, this one won't last long!
