$82,000
Pending

11900 South St

Cerritos, CA 90703
Listing OfficeHarvest Realty Development
Type:Purchase
Structure:Commercial
Zone:Residential

Description

2,425sf Turnkey Restaurant | CerritosNEW TO MARKET - DO NOT DISTURB EMPLOYEES - KEY MONEY ASSET SALE - CALL BROKER FOR SHOWING
This prime location is ideal for launching your business. It's located in a high-end plaza with a large supermarket on the busy main street of Cerritos.
*This 2,425sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Large Hood, Walk-In Refrigerator, Walk-In Cooler, dishwasher area, and grease interceptor, a full FF&E list included.
* The space currently rents for $ 7,275.00/Mo. with 3% Annual Increases, NNN's are approximately $ 1,172.08/Mo.
* The current Term expires Expires May, 2029 along with 2 X 5 Year Option, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent.
* This is a rare turnkey restaurant opportunity in one of LA County’s most popular city to entry markets. High-end and elegant business district planning. Surrounded by market place, Cerritos Mall. Highly income residential communities, with average home values of over $1 million. Located near Cerritos College, Cerritos High School and Gretchen Whitney High School.

  • Property Details
      • Property SubtypeBusinessOpportunity
      • CountyLos Angeles
      • MLS #OC24158989
      • MLS #OC24158989
      • Property TypePurchase
      • Original List Price$82,000
      • Cost82000

Location

King Realty GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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