About This Restaurant
Investment Highlights
Growing Property Value: Sales and property value continue to grow. Beautifully rehabbed building from inside and out. No expense spared. Come visit and try the finest Japanese noodles and meat bowls. The current owner will be responsible for paying all utilities under a NNN (Triple Net) lease. Leaseback of $7,500/month NNN from a successful restaurant owner with a chain of restaurants throughout the Bay Area Thriving Area: Located in a thriving area with increasing sales each month.
Executive Summary
The popular Hinodeya Ramen Bar building is now for sale, offering 2,384 sq ft of living space on a .27-acre lot with ample parking. This fully rehabbed building has been meticulously built to perfection.A secure leaseback opportunity of $7,500/month NNN is available from a successful restaurant owner with multiple locations throughout the Bay Area. An outdoor patio is planned for construction, enhancing the building's appeal and value. Located in a thriving area with increasing monthly sales, this property enjoys high visibility due to its prime location on a busy street, boasting excellent curb appeal. Sales and property value continue to grow, making this a smart investment.For more information, please contact Peter de Vera, Realtor, DRE 01496081, at 415-535-6771. Come in and enjoy the food ? you won't be disappointed!
Property Details
- Sale Type Investment
- Sale Condition Sale Leaseback
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,384
- Building Class C
- Year Built 1969
- Price 2,990,000
- Price Per SF 1,254
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.20
- Land Acres 0.27 AC
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 092A-1006-004-05 | Improvements Assessment | $578,000 (2022) |
| Land Assessment | $1,200,000 (2022) | Total Assessment | $(1) (0.00/SF) |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 5724 B Thornton Ave , Newark, California, 94560 | ||