Rare Irvine 2nd Gen Turnkey Restaurant
Asking Price: | $299,000 |
Established Year: | 2018 |
NEW TO MARKET - DO NOT DISTURB EMPLOYEES - KEY MONEY ASSET SALE - CALL BROKER FOR PRICING
*This 1,500sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Type 1 Hood, Walk-In Refrigerator, dishwasher area, and 1,500 gallon grease interceptor, a full FF&E list included.
* This space currently rents for $ 8,208.75/Mo. with 3% Annual Increases, NNN's are approximately $ 1,798.00, and carries a % Rent of 7% vs Natural Breakpoint.
* The current Term expires Expires March 31, 2027 along with 1 X 5 Year Option @ FMV, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent.
* This is a rare turnkey restaurant opportunity in one of Orange County’s highest barriers to entry markets.
Generous Outdoor Patio Area. Surrounded by the established residential communities of Woodbridge Village and Oak Creek®, with average home values of over $1 million. Located near Irvine Valley College (16,000+ students) and Woodbridge High School (2,200+ students).
* One mile away from the high traffic area of Hoag Hospital Irvine, Hoag Health Center and Kaiser Permanente.
BUSINESS LOCATION