About This Restaurant
Investment Highlights
Own the Real Estate! Never deal with a Landlord 35% Growth Year over Year 10 TV's and 20 Taps Brand new $275,000 Commercial Kitchen
Executive Summary
**We kindly request that interested parties refrain from initiating discussions with staff members. Our team is dedicated to providing a seamless and discreet experience for all parties involved.**Conveniently located in the heart of Hidden Meadows, this exceptional commercial property boasts two flourishing business opportunities along with the real estate: The fast-growing The Sideyard Public House (35% annual increase in each of past 2 years) along with The Market at Hidden Meadows (deli/market). Opportunity awaits an owner looking to either continue the legacy of this proven Hidden Meadows establishment or expand on the potential of this property by expanding on the current concept.Property Highlights:Strategic Location: Located in a 1600+ home enclave in North Escondido with minimal competition, the establishment offers locals a friendly retreat in their own community and welcomes visitors enjoying a round of golf at the adjacent Boulder Oaks Golf Course.Community Support: The property benefits from a supportive and tightly-knit community, enhancing its appeal and business prospects.Investment Details:Comprehensive Sale: Includes the real estate of both the restaurant and the deli/market, along with all fixtures, fittings, and necessary equipment for seamless operation.Turnkey Business: With a strong customer base and a history of significant growth (35% annually over the past two years), this operation is primed for continued success. The current ownership has also expanded the lot to include plans for a drive-thru coffee bar, further enhancing its business potential.This is more than a real estate investment; it's a chance to become an integral part of a community and to contribute to the enriching lifestyle of Hidden Meadows. With substantial growth potential and the opportunity to make a lasting impact in the Escondido market, 10326 Meadow Glen Way East stands as a premier choice for those passionate about building a legacy in the neighborhood.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar General Retail Storefront Retail/Office Restaurant
- Building Size 4,363
- Building Class C
- Year Built 1987
- Price 4,800,000
- Price Per SF 1,100
- Cap Rate 5.43
- NOI 260,607
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.24
- Land Acres 0.42 AC
Amenities
- Restaurant
- Security System
- Kiosk/Cart Space
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
Parcel Number | 186-620-59 | Improvements Assessment | $250,677 |
Land Assessment | $324,635 | Total Assessment | $575,312 |
Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
Address: | 10326 E Meadow Glen Way , Escondido, California, 92026 |