Restaurant with Commercial
For Sale
$225,000
1150 N Harbor Boulevard 160, Anaheim, CA 92801
Established restaurant space includes guest seating, a full kitchen setup, and lease term extending through December 2028.
Property Size1,200 SF
Price / SF$187.50
Days on Market190
Property Features for 1150 N Harbor Boulevard 160
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial/Industrial
Restaurant
Seating Capacity
31
Commercial Hood
Yes
Grease Trap
Yes
Listing Agency:
ALLIED, REALTORS
(909) 437-3012
Listed By:
MARVIN E. PORTILLO · License #01805877
(909) 437-3012
Source:
Exitrealty
Added: Feb 21
Changed: Aug 30
Last Checked: Aug 30 at 2:36PM
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 ALLIED, REALTORS
Investment Insights
Based on property information with market context.
This restaurant property at 1150 N Harbor Boulevard, Suite 160, provides a 1,200-square-foot operating layout with seating for up to 31 guests. The kitchen includes a 15-foot overhead hood system and an underground grease tank, supporting restaurant operations and menu flexibility. The lease is scheduled to continue through December 2028.
Located in Anaheim, California, the property offers a compact restaurant configuration with dedicated dining and kitchen areas. The address is 1150 N Harbor Boulevard 160, Anaheim, CA 92801.
Located in Anaheim, California, the property offers a compact restaurant configuration with dedicated dining and kitchen areas. The address is 1150 N Harbor Boulevard 160, Anaheim, CA 92801.
Key Highlights
- 1,200‑square‑foot restaurant layout
- Seating for up to 31 guests
- 15‑foot overhead hood system
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
$15,515
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
6.90%
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%
$310,300
$310.3K
Cap Rate 7%
$221,643
$221.6K
Cap Rate 9%
$172,389
$172.4K
Market Conditions
NOI Build-Up for 1,200 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
$23.2K $19.32/SF
− Vacancy
−$1.0K −$0.85/SF
EGI
$22.2K $18.47/SF
− OpEx
−$6.6K −$5.54/SF
NOI
$15.5K $12.93/SF
Area
ZIP 92801
Vacancy
4.40%
Lease Rate
$19.32 /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%
$310,300
Cap Rate 7%
$221,643
Cap Rate 9%
$172,389
Alternative Uses
Best Use
Specialty Retail
$329.8K
$288.6K – $384.8K
NOI $23,085 @ 7.0% cap · market cap 10.26%
Second Best
Industrial
$221.6K
$193.9K – $258.6K
NOI $15,515 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$382.3K
$334.5K – $446.0K
NOI $26,758 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
368k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Apparel 28%
Groceries 22%
Shops & Services 14%
Marshalls
Apparel
50,099 visits/mo
0.5 miles
Northgate Gonzalez Markets
Groceries
45,444 visits/mo
0.4 miles
Burlington
Apparel
38,241 visits/mo
0.5 miles
Sprouts Farmers Market
Groceries
35,599 visits/mo
0.4 miles
McDonald's
Dining
35,382 visits/mo
0.4 miles
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant space includes guest seating, a full kitchen setup, and lease term extending through December 2028.
Where is this conventional restaurant located?
The property is located at 1150 N Harbor Boulevard 160 Anaheim, CA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,200‑square‑foot restaurant layout; Seating for up to 31 guests; 15‑foot overhead hood system
