Established Sports Bar For
For Sale
$450,000
Pending
10308 Atlantic Ave, South Gate, CA 90280
Well-known sports bar with property in South Gate.
Property Size1,800 SF
Lot Size0.09 Acres
Days on Market250
Property Features for 10308 Atlantic Ave
General Information
Standard status
Pending
Size
1,800 SF
Lot size
0.09 Acres
Property subtype
Commercial
Building Details
Building Size
1,800 SF
Year Built
1959
Listing Agency:
eXp Realty of California Inc
(562) 446-5267
Listed By:
Greg Johnson
(562) 446-5267
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This is an opportunity to purchase a well-known sports bar along with the property. The 1,800 square foot bar comes equipped with coolers, pool tables, a jukebox, a dart board, tables, chairs, flat screens, and more. It features an outside smoking area, a barbecue, and detached storage rooms. The property is located in South Gate, in proximity to the local workforce. The property is suitable for use as a bar, restaurant, or retail property.
Key Highlights
- Established sports bar business and property for sale together.
- Fully equipped with coolers, pool tables, jukebox, dart board, tables, chairs, and flat screens.**
- Spacious 1,800 sq/ft bar.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$796,480
$796.5K
Cap Rate 7%
$568,914
$568.9K
Cap Rate 9%
$442,489
$442.5K
Market Conditions
NOI Build-Up for 1,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.9K $33.84/SF
− Vacancy
−$4.0K −$2.23/SF
EGI
$56.9K $31.61/SF
− OpEx
−$17.1K −$9.48/SF
NOI
$39.8K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$796,480
Cap Rate 7%
$568,914
Cap Rate 9%
$442,489
Alternative Uses
Best Use
Specialty Retail
$609.6K
$533.4K – $711.2K
NOI $42,669 @ 7.0% cap · market cap 9.48%
Second Best
Retail
$568.9K
$497.8K – $663.7K
NOI $39,824 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$963.7K
$843.3K – $1.12M
NOI $67,460 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
178k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 27%
Apparel 9%
Electronics 4%
Jack in the Box
Dining
22,526 visits/mo
0.3 miles
Shell
Shops & Services
20,766 visits/mo
0.4 miles
7-Eleven
Shops & Services
15,648 visits/mo
0.4 miles
Wingstop
Dining
13,227 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
12,097 visits/mo
0.5 miles
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Well-known sports bar with property in South Gate.
Where is this bar & pub located?
The property is located at 10308 Atlantic Ave South Gate, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established sports bar business and property for sale together.; Fully equipped with coolers, pool tables, jukebox, dart board, tables, chairs, and flat screens.**; Spacious 1,800 sq/ft bar.
