7780 Foothill Blvd - Restaurant FOR SALE


Tujunga, CA 91042
$900,000 USD
818-971-9193
7780 Foothill Blvd, Tujunga, CA for Sale
$900,000 USD
Restaurant - FOR SALE
1/17
null | 5.6% Cap Rate

7780 Foothill Blvd
Tujunga, CA 91042


OVERVIEW

This may also have the potential to be an owner-user sale. The tenant is responsible for all utilities, including water, electricity, gas, and property taxes. Fixed Rental Adjustment Summary: The monthly base rent increases annually as follows:    •   June 1, 2024 – $4,036.50    •   June 1, 2025 – $4,177.78    •   June 1, 2026 – $4,324.00    •   June 1, 2027 – $4,475.34    •   June 1, 2028 – $4,631.98    •   June 1, 2029 – $4,794.10    •   June 1, 2030 – $4,961.89    •   June 1, 2031 – $5,135.30    •   June 1, 2032 – $5,501.34    •   June 1, 2033 – $5,693.88

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2

APN/PARCEL ID

2558-004-015

ASK ABOUT THIS PROPERTY

Potjanee SrisaereenuwatDilbeck Real EstateMore Info
818-971-9193

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Potjanee SrisaereenuwatDilbeck Real EstateMore Info
818-971-9193

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