1530 E Main St - Restaurant FOR SALE
Woodland, CA 95776 |
$1,487,815 USD
646-921-8951
1530 E Main St
Woodland, CA 95776
HIGHLIGHTS
- Absolute NNN Lease Structure: The tenant is fully responsible for all operating expenses, including taxes, insurance, roof, and structure
- Sub-5% Rent-to-Sales Ratio: The location generates substantial sales volume relative to its rent obligation. A rent-to-sales ratio below 5%
- Guaranteed by Elite Diners, LLC: The lease is backed by Elite Diners, LLC, an experienced multi-unit Black Bear Diner franchise
- 11% Bumps at Each Option Period: Each of the three 5-year renewal options carries an 11% rental increase, providing significant NOI growth
- National Brand in Strong Trade Area: Black Bear Diner is a beloved family dining concept with 160+ locations across the western U.S.
- Fee Simple Land & Building Ownership: The investor acquires fee simple ownership of the land and building, no ground lease risk.
FOR SALE DETAILS
PRICE
$1,487,815 USD
PRICE/SF
$302 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Black Bear Diner
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.74 AC
LAND SF
32,409 SF
ZONING
C-H
APN/PARCEL ID
066-040-010-000
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646-921-8951
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646-921-8951
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