#1006
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61
Rent Increase: 4%
NNN: $1,044.59
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Size: 1,255 sq ft
Seating Capacity: 22
Parking: Site parking, on site parking
Liquor License: 41 (On Sale Beer & Wine)
Reason for Selling: Retirement
This Pasadena restaurant, situated on bustling S Arroyo Pkwy, offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. With a flexible lease term and the possibility of extended hours, this business can be tailored to maximize profits.
Retirement
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
#1006
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61
Rent Increase: 4%
NNN: $1,044.59
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Size: 1,255 sq ft
Seating Capacity: 22
Parking: Site parking, on site parking
Liquor License: 41 (On Sale Beer & Wine)
Reason for Selling: Retirement
This Pasadena restaurant, situated on bustling S Arroyo Pkwy, offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. With a flexible lease term and the possibility of extended hours, this business can be tailored to maximize profits.
Retirement
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
#1006
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61
Rent Increase: 4%
NNN: $1,044.59
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Size: 1,255 sq ft
Seating Capacity: 22
Parking: Site parking, on site parking
Liquor License: 41 (On Sale Beer & Wine)
Reason for Selling: Retirement
This Pasadena restaurant, situated on bustling S Arroyo Pkwy, offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. With a flexible lease term and the possibility of extended hours, this business can be tailored to maximize profits.
Retirement
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
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