Highly Established Turn-Key Operational Restaurant Pad
Listing was updated at: 04/17/2019
Property Overview
Price/Rent PSF $ 1,650,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 5,883
Date Available 04/17/2019
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Description

Location
Prime Porterville location strategically located off the SEQ of Henderson Avenue and Prospect Street. Property is adjacent to the Safe 1 Credit Union pad, with direct access to the CVS and Tulare County Government Plaza. Neighboring tenants include Jack in the Box, Starbucks, Sleep 4 Less, Target, Kohl' s, Walmart, Save Mart, Food 4 Less, Office Max, Rue 21, Marshall' s, Dollar Tree, Big 5 Sporting Goods, PetsMart, 99 Cents Only, Payless Shoes, Radio Shack, McDonald' s, Subway, Denny' s, Rally' s, Taco Bell, Burger King, Jamba Juice, Round Table Pizza, Plano Jerky, Perko's and more,

Sale
Newer Freestanding Restaurant building with an established presence in Porterville offering a total of ±5,883 SF on a private parking lot of ±0.97 Acres (±1.77 Acre adjoining parcel can be available). Performing restaurant with over $800,000 in gross annual sales and over 25,000 transactions per year. Features energy efficient Solar Panels, functional floor plan, private banquet rooms,fresh tile/ wood floors, up-to-date fully operational turn-key kitchen, several refrigerators and freezers, large open areas, separate kitchen and food preparation area, walk in coolers, hood range, multiple restrooms, and more. Significant opportunity to add a fully functional "Class A" bar upgrades as an addition component that is currently underutilized. Property has opportunity for hosting events, parties, civic/club meetings, and more. Sale includes all real estate, Type 47 liquor license, furniture, fixtures, equipment, inventory, and good will. Restaurant currently doing business as "El Nuevo Mexicali 2".

Location