Cerritos, CA 90703,11900 South St
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$82,000
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UPDATED:

10/28/2024 05:29 AM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID OC24158989

HOA Y/N No

Property Description

2,425sf Turnkey Restaurant | CerritosNEW TO MARKET - DO NOT DISTURB EMPLOYEES - KEY MONEY ASSET SALE - CALL BROKER FOR SHOWING

This prime location is ideal for launching your business. It's located in a high-end plaza with a large supermarket on the busy main street of Cerritos.

*This 2,425sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Large Hood, Walk-In Refrigerator, Walk-In Cooler, dishwasher area, and grease interceptor, a full FF&E list included.

* The space currently rents for $ 7,275.00/Mo. with 3% Annual Increases, NNN's are approximately $ 1,172.08/Mo.

* The current Term expires Expires May, 2029 along with 2 X 5 Year Option, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent.

* This is a rare turnkey restaurant opportunity in one of LA County’s most popular city to entry markets. High-end and elegant business district planning. Surrounded by market place, Cerritos Mall. Highly income residential communities, with average home values of over $1 million. Located near Cerritos College, Cerritos High School and Gretchen Whitney High School.

Location

State CA

County Los Angeles

Area Rd - Cerritos South Of 91 Frwy, W Of Norwalk

Interior

Fireplace No

Others

Tax ID 7054024904


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California Regional MLS (CRMLS)
Listed by Hengjie Jiao • Harvest Realty Development • 949-281-9159

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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