11016 Magnolia Blvd - Restaurant FOR SALE


North Hollywood, CA 91601
$3,995,000 USD
818-516-3472
11016 Magnolia Blvd, North Hollywood, CA for Sale
$3,995,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

11016 Magnolia Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • FULLY BUILT OUT RESTAURANT / FOOD HALL READY FOR OCCUPANCY.
  • 5 FOOD STALLS WITH HOODS, SINKS, REFRIGERATION, AND EQUIPMENT READY FOR IMMEDIATE OCCUPANCY.
  • GHOST KITCHEN AND SHARED KITCHEN OPERATIONS IN THE BACK (COMMUNAL WALKS INS, DISHWASH, ETC)
  • FULL BAR IN SPACE WITH TYPE 47 LIQUOR LICENSE FOR SALE.

OVERVIEW

FOR SALE OR FOR LEASE!! $3.99MM for Sale $25k/month + NNN for Lease Space Highlights • Fully built-out food hall ready for occupancy. • Five food stalls equipped with hoods, sinks, refrigeration, and equipment, ready for immediate occupancy. • Ghost kitchen and shared kitchen operations in the back, including communal walk-ins, dishwashing, etc. • Full bar in space with a Type 47 liquor license available for sale. • Approx. 90-person seating occupancy inside and 28-person seating occupancy outside. • Rear exit off the alley for third-party deliveries. • Capitalize on the tremendous residential and mixed-use growth happening in the NOHO District, with over 2,000 new units within a short radius.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$795 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

BRAND NEW RESTAURANT FOR SALE/LEASE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C4

APN/PARCEL ID

2353-006-005

ASK ABOUT THIS PROPERTY

Ryan SchimelCapricorn Asset ManagementMore Info
818-516-3472

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Ryan SchimelCapricorn Asset ManagementMore Info
818-516-3472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.