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Listed by Christopher Comfort • Apex Properties
$ 1,095,000
Est. payment | /mo
$ 1,095,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW-25042035
Year Built 1979
Annual Tax Amount $8,751
Property Sub-Type Retail
Property Description
We are pleased to present this single tenant net leased restaurant located on the AM side of the busy commercial corridor of Washington Boulevard in the city of Whittier, CA. There is also an opportunity for an OWNER USER to purchase and occupy the property as the tenant has indicated that they would be willing to sell their business including equipment for a reasonable price. The site is approximately 1/2 mile to the east of the 605 freeway, which has both an on-ramp and off-ramp on Washington Blvd. The 7,978 sq. ft. corner lot is zoned C-2 which allows for a variety of retail and commercial uses. The property is currently occupied by a single tenant boba tea restaurant with a lease that expires in August 2029, plus TWO x 5 year options to renew. The property is very well maintained with little to no deferred maintenance. Major tenants such as Jack in the Box, Food 4 Less, McDonalds, and many others are all on Washington Boulevard within a short distance to the property.
Location
State CA
County Los Angeles
Area W1 - Whittier
Interior
Laundry None
Building
Lot Description Corner Lot
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114