6500 Foothill Blvd - Restaurant FOR SALE


Tujunga, CA 91042
$4,950,000 USD
818-242-8668
6500 Foothill Blvd, Tujunga, CA for Sale
$4,950,000 USD
Restaurant - FOR SALE
1/59
null | 14% Cap Rate

6500 Foothill Blvd
Tujunga, CA 91042


OVERVIEW

Turnkey, thriving and profitable restaurant in a high-traffic, premium visibility, next to McDonald near Glendale! Ideal for owner-operators or investors. Fully built-out kitchen, updated equipment, and loyal customer base. 3000+ sq ft over 20,000 sqft lot. large outdoor, patio useable dining with indoor/outdoor seating. Has 35 parking plus plenty of street parking. Owner might carry. Business and property are included. Business can be sold separately for $1.5 million with favorable lease terms. Growth potential, about 400 seating capacity you can continue current concept or bring your own vision! This vibrant corner restaurant is a rare opportunity for a hands-on owner or franchise operator. Everything in this area sells quickly, priced right and will not last long in this market.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$1,650 USD /SF

CAP RATE

14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2-1VL & R1-1

APN/PARCEL ID

2564-012-012

ASK ABOUT THIS PROPERTY

'Vic' Vartan MarkarianMarkarian RealtyMore Info
818-242-8668

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'Vic' Vartan MarkarianMarkarian RealtyMore Info
818-242-8668

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