offered at $299,000
Status: Active // Property Type:
County: San Bernardino

Property Description

LOCATION, LOCATION, LOCATION, LOCATION, LOCATION! Fukuoka Hakata Ramen Restaurant for Sale in Chino Hills located right next door to Boiling Point at the Crossroads Marketplace, whose major tenants include Costco, Lowes, Chase Bank, Thai Twist, CVS, 85 Degree Bakery, Wendy’s, Fazoli's, Green Banana Leaf, Dago Taiwanese, and many more. Space size is +/- 1,475 sqft, with an existing base rent of $4,368.35, with lease expiration on: June 30, 2021. Additionally, there is 1 (One) 5 year optional renewal period, upon lease expiration of June 30, 2021. CPI lease rate increases are standardized at 3%-5% per year. ESTIMATED NNN + CAM expenses are $700-$900/mo. As an example, tenant recently paid $5,150, which includes the lease rate, CAM and NNN expenses. Price includes FF&E. Now is the time to take over an existing ramen restaurant, or bring your own brand.

Listing Courtesy of Thomas John Simon, Simon Group Real Estate

  • jessica jones marquardt
    Realtor // Executive Assistant |
    CalBRE# 02012391
    • cell 909.228.4243
    • office 714.482.6362
    email Jessica

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