383 W 5th St - Restaurant FOR SALE


San Pedro, CA 90731- Central San Pedro
$2,657,143 USD
858-900-3700
383 W 5th St, San Pedro, CA for Sale
$2,657,143 USD
Restaurant - FOR SALE
1/7
null | 7% Cap Rate

383 W 5th St
San Pedro, CA 90731
Central San Pedro


OVERVIEW

LONG TERM ABSOLUTE NNN SALE-LEASEBACK Featuring a new 10-year lease to be executed at close of escrow, ensuring a hands-off opportunity with an income stream for many years to come. ABSOLUTE NNN LEASE STRUCTURE A truly passive investment, with the tenant covering all expenses, including roof, structure, HVAC, property taxes, insurance, repairs and maintenance. SEASONED RESTAURANT OPERATOR Tenant is a seasoned restaurant operator with 40+ years of industry experience, providing a proven track record of successful operations. STRATEGIC LOCATION Positioned near I-110 and I-710 within the San Pedro Harbor District, offering direct connectivity to Downtown Los Angeles, Long Beach, and the greater South Bay region. STRATEGIC PORT OF LOS ANGELES LOCATION Located minutes from the Port of Los Angeles, the busiest container port in North America, anchoring a substantial employment base tied to global trade and logistics. NEARBY MARITIME & TOURISM ATTRACTIONS Located near San Pedro Fish Market, the USS Iowa Museum, Crafted at the Port, and the LA Maritime Museum, contributing to steady waterfront activity in the surrounding area. DENSE RESIDENTIAL TRADE AREA Over 209,706 residents within a 5-mile radius having an Average Household Income of $136,094, supported by a robust daytime workforce and steady demand from nearby offices and retailers. FULL-SERVICE BAR AND RESTAURANT Kalaveras operates as a vibrant bar & restaurant concept, licensed for full-service liquor and alcohol beverage operations.

FOR SALE DETAILS

PRICE

$2,657,143 USD

PRICE/SF

$933 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kalaveras - Type 47 ABC Lic Bar & Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C

APN/PARCEL ID

7455-013-015

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-900-3700

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Renato LorjaCIRE PartnersMore Info
858-900-3700

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