$3,595,000
SIGNALIZED INTERSECTION OF 3RD STREET & HOBART! PRIME KOREATOWN RETAIL ANCHORED BY KOREAN BBQ RESTAURANT - TENRAKU AND PERSONAL FITNESS GYM. 5.31% CAP RATE AT ASKING PRICE WITH NNN LEASES AND UPSIDE IN RENTS. VERY WELL MAINTAINED PROPERTY WITH NO DEFERRED MAINTENANCE. FULL RESTAURANT HAS BEEN IN OPERATIONS FOR YEARS AND HAVE STRONG SALES. PARKING IN FRONT. 3RD STREET HAS FANTASTIC VISIBILITY AND HEAVY TRAFFIC DAILY.
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Listed by Ryan Yatman with SP Residential Inc (213) 389-5888
Property Type
Commercial Sale
Status
Active
MLS Number
26666997
Year Built
1963
Lot Size
8,742 sq ft