Turnkey Fast Food Restaurant in Palms

#1050
Area: Palms
Asking Price:$130,000
Asking Base Rent: $6.85/sq ft /mo
NNN: $0.75/sq sf /mo
Lease Term: New Lease

This is a confidential asset sale of an operating restaurant in an established neighborhood shopping center in the Palms area of West Los Angeles. The ±1,167 SF space has been a restaurant for more than 20 years, which makes it a good fit for an operator who wants to open their own concept (subject to landlord approval) without starting from a raw shell. The location benefits from strong surrounding foot traffic. Whole Foods sits diagonally across the intersection, and Starbucks and Coffee Bean are directly across the street, so major national retailers draw steady daily visits to the immediate area. The center has on-site parking, a shared pole sign and storefront signage facing the street.