Investment Property Next to Chico State University: Net Cap Rate 9% Cap Rate

Listing SR1251

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Selling Restaurants presents this prime restaurant locatio including real estate for sale next to Chico State University. This 3600 Sq Ft stand alone building sits on 22,215 Sq Ft of property. The restaurant (approx 2764 Sq Ft) but could easily be expanded to to include the approx 836 Sq Ft cuurently not being used. The back 836 Sq Ft is currently on the market for rent at $600 a month. All of the Furniture, Fixtures and Equipment are owned by the current Landlord and included in the sales price. This high visibility location is in a very desirable area of college rentals and just steps from the University. There is approx. 135 feet of street frontage. This is a very busy street for both cars and foot traffic. This is a rare find in Chico. The Seller is willing to carry a note for a qualified buyer. Please select one of the orange buttons below to gain access to the name and address of this restaurant. General Information Listing Status: Available Price: $499,000 Location: Chico/Yuba City/Redding Lease Information: Expires June 2011 + 3yr Option Indoor Seating: 45 Outdoor Seating: 0 # of Part-Time Employees: 0 # of Full-Time Employees: 0 Hours Open: Year Established: Sqft: 3600 Hood System: Yes Highlights Prime Real Estate Next to University Fully Equipped Facility Two Walk-ins 3600 Sq Ft Building Type I Hood System 22215(1/2 acre) Sq Ft Lot w/Plenty of Parking Walk to Chico State Seller will Carry for Qualified Buyer Comercial Zoning CC Extra 220 Sq Ft of Storage Stand Alone Building w/Parking Traffic Counts are 21,900; Counts are from Yr 2000 Share this listing with this link: If you'd like the address & name, select this button: If you are new here, select this button: Restaurant Broker | Restaurants For Sale