17901 Pioneer Boulevard , G

    Artesia, CA 90701
    • $220,000
    • STATUS: Active
    • ON SITE: 243 days
    • ID#: TR19079140
    UPDATED: 55 min ago
    $220,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    VERY, VERY LOW RENT and profitable Poki and Sushi restaurant for sale in Artesia at the 99 Ranch Market Plaza next to Cerritos, California. Additional tenants include: East West Bank, Boiling Point, Lee+GGs Sandwiches, Pho 2000, Daiso Japan, Burger IM, Euro-Asian Sandwiches, Caf+- D.er, Rice on Dish, Let+GGs Sea Bag n+GG Roll, Lollicup and It+GGs Boba Time Cafe. Exclusive use: Japanese fast food restaurant serving primarily raw fish salad bowl. Sushi, as an exclusive and primary use, is available however, subject to Landlord approval. Existing restaurant does serve Sushi and Ramen. Initial Term: 10 Years. Optional Renewal Periods: X2 5 year. 2 years remain on initial 10 year term with X2 5 year optional renewal periods. Monthly Base Rent Year 9: $3,258.76. Monthly Base Rent Year 10: $3,421.65. Year 11 Base Rent: The greater of year 10 base rent + 5% or fair market rent. Years 12-15 Base Rent: the greater of 4% or the percentage as published under the Consumer Price Index. Second 5 Year Optional Renewal Period Base Rent Adjustments. Year 16 Base Rent: The greater of year 15 base rent + 5% or fair market rent. Years 17-20 Base Rent: the greater of 4% of year 16 base rent or the percentage as published under the Consumer Price Index. Monthly CAM: amount is calculated based on the size of Unit G in comparison to all leasable space at the plaza & is reconciled, yearly. Seller has a total of 3 restaurants and is selling this one to focus on the other 2

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-08T17:25:45.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Case Realty Group | Coldwell Banker Residential. Licensed in the State of California, USA.

    www.thecaserealtygroup.com/homes/93502530

    17901 Pioneer Boulevard , G Artesia, CA 90701

    • Price: $220,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: TR19079140
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    RC - Artesia
    County:
    Los Angeles
    Area:
    RC - Artesia
    Property Description
    VERY, VERY LOW RENT and profitable Poki and Sushi restaurant for sale in Artesia at the 99 Ranch Market Plaza next to Cerritos, California. Additional tenants include: East West Bank, Boiling Point, Lee+GGs Sandwiches, Pho 2000, Daiso Japan, Burger IM, Euro-Asian Sandwiches, Caf+- D.er, Rice on Dish, Let+GGs Sea Bag n+GG Roll, Lollicup and It+GGs Boba Time Cafe. Exclusive use: Japanese fast food restaurant serving primarily raw fish salad bowl. Sushi, as an exclusive and primary use, is available however, subject to Landlord approval. Existing restaurant does serve Sushi and Ramen. Initial Term: 10 Years. Optional Renewal Periods: X2 5 year. 2 years remain on initial 10 year term with X2 5 year optional renewal periods. Monthly Base Rent Year 9: $3,258.76. Monthly Base Rent Year 10: $3,421.65. Year 11 Base Rent: The greater of year 10 base rent + 5% or fair market rent. Years 12-15 Base Rent: the greater of 4% or the percentage as published under the Consumer Price Index. Second 5 Year Optional Renewal Period Base Rent Adjustments. Year 16 Base Rent: The greater of year 15 base rent + 5% or fair market rent. Years 17-20 Base Rent: the greater of 4% of year 16 base rent or the percentage as published under the Consumer Price Index. Monthly CAM: amount is calculated based on the size of Unit G in comparison to all leasable space at the plaza & is reconciled, yearly. Seller has a total of 3 restaurants and is selling this one to focus on the other 2
    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Food & BeverageRestaurant Country Us Leasable Area 1239.00 Leasable Area Units Square Feet Number Of Full Time Employees 3 Number Of Part Time Employees 1 Year Established 2015

    Listing provided courtesy of Thomas John Simon of Simon Group Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-08T17:25:45.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Case Realty Group | Coldwell Banker Residential. Licensed in the State of California, USA.

     
    Case Realty Group | Coldwell Banker Residential
    8 Corporate Park Suite 300
    Irvine CA, 92606