About This Restaurant
Investment Highlights
Executive Summary
Ground lease to Red Lobster thru 5/31/35Remodel done in 20086.82% current CAP RATE5,000 square foot buildingGreat US 101 visibility Traffic count of 69,000 ADT on US 101Located in the prime retail corridor of Santa Maria108 parking spaces on site
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,000
- Building Class C
- Year Built 1993
- Price 2,200,000
- Price Per SF 440
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 1.40 AC
Amenities
- Restaurant
Nearby Amenities & Transportation
Retail | Red Lobster | ||
Retail | Applebee's | ||
Retail | Trader Joe's | ||
Retail | Olive Garden Italian Rstrnt | ||
Retail | ALDI | ||
Retail | Jack in the Box | ||
Retail | The Habit Burger Grill | ||
Retail | Buffalo Wild Wings | ||
Retail | Cracker Barrel Old Country Store | ||
Retail | Urbane Cafe |
Property Taxes
Parcel Number | 128-174-009 | Improvements Assessment | $537,655 |
Land Assessment | $1,338,724 | Total Assessment | $1,876,379 |
Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
Address: | 1525 S Bradley Rd , Santa Maria, California, 93454 |