The Brit Bar Property
 
$900,000
Offering Price
$3,335
NOI
0.37%
Cap Rate
$367
Price Per SF
2,454
Building SF
3,630
Land SF
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$900,000
Offering Price
$3,335
NOI
0.37%
Cap Rate
$367
Price Per SF
2,454
Building SF
3,630
Land SF
Investment Summary
This is a terrific opportunity for an Owner/User or Investor. For the Owner/User, the current operator The Brit Bar is on a month to month lease. The seller can deliver the property vacant at COE. The current tenant has the coveted (very hard to obtain) Type 48 Liquor License which may be available for purchase. For the Investor, the current tenant who has been operating at this location for 38 years will consider signing a long term lease. The approximate cap rate would start at 5.00%.
FOR MORE DETAILS CONTACT
John Gessford
Senior Vice President | Principal
(949) 278-6645
jgessford@lee-associates.com
01137479
Maria Ramirez
(818) 836-0622
mcframirez@firstteam.com
02024475
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