11339 Washington Blvd - Restaurant FOR SALE


Whittier, CA 90606- Whittier City
$1,095,000 USD
424-293-8085
11339 Washington Blvd, Whittier, CA for Sale
$1,095,000 USD
Restaurant - FOR SALE
1/8
null | 5.37% Cap Rate

11339 Washington Blvd
Whittier, CA 90606
Whittier City


HIGHLIGHTS

  • Owner User Opportunity
  • Fully Equipped Restaurant
  • Corner Property
  • Excellent Parking
  • Single Tenant

OVERVIEW

Apex Properties is pleased to present this single tenant net leased restaurant with owner user potential, located on the busy commercial corridor of Washington Boulevard in Whittier, CA. The site is approximately ½ mile to the east of the 605 freeway, which has both an on-ramp and off-ramp on Washington Blvd. The 7,978 sq. ft. corner lot is zoned C-2 which allows for a variety of retail and commercial uses. The property is currently occupied by a single tenant boba tea restaurant with a lease that expires in August 2029, plus TWO x 5 year options to renew. The property is very well maintained with little to no deferred maintenance. Major tenants such as Jack in the Box, Food 4 Less, McDonalds, and many others are all on Washington Boulevard within a short distance to the property. There is also an opportunity for an OWNER USER to purchase and occupy the property as the tenant has indicated that they would be willing to sell their business including equipment for a reasonable price.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$737 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2

APN/PARCEL ID

8173-004-019

ASK ABOUT THIS PROPERTY

Chris ComfortApex PropertiesMore Info
424-293-8085

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Chris ComfortApex PropertiesMore Info
424-293-8085

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.