1408 E Los Angeles Ave - Fast Food FOR SALE
Simi Valley, CA 93065 |
1408 E Los Angeles Ave
Simi Valley, CA 93065
HIGHLIGHTS
- Strong franchisee with over 52 Arby’s and 224 franchised businesses nationwide
- Large population with approximately 123,550 people and strong average household income of $121,000 in a 5-mile radius
- Near other national tenants, including Vallarta Supermarkets, McDonald's, Bank of America, Burger King, Big 5 Sporting Goods and multiple others
- Across the street from and adjacent to multiple national anchored shopping centers including Simi Valley Plaza, Mountain Gate Plaza, Simi Valley Mrkt
OVERVIEW
A free-standing single-tenant property leased to Smart Management and Co, Inc. (a subsidiary of MarLu Investment Group) an Arby’s franchisee. Tenant completed a full renovation of the store in 2017 and executed a 10 year lease. Located along East Los Angeles Avenue. A short distance South of the Ronald Reagan Fwy. Ingress / egress on East Los Angeles Avenue.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2900
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
3
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
632-0-020-425
