Ground-Leased Restaurant
For Sale
Contact for pricing
Pending
1335 W Ave K, Lancaster, CA 93534
New 15-year ground lease features 10% rent increases every five years for a Ono Hawaiian BBQ restaurant.
Property SizeContact for details
Days on Market142
Property Features for 1335 W Ave K
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Kidder Mathews Orange County
Listed By:
Kirk Brummer · License #CA 01218518
Source:
Crexi
Added: Apr 12
Changed: Aug 17
Last Checked: Aug 31 at 6:52AM
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 Kidder Mathews Orange County
Investment Insights
Based on property information with market context.
This offering is a ground-leased restaurant opportunity with a new 15-year ground lease in place. The lease includes 10% rent increases every five years.
The leased concept is Ono Hawaiian BBQ, serving fresh, off-the-grill Hawaiian fare and operating through nearly 100 locations. The property is located at 1335 W Ave K in Lancaster, California.
The leased concept is Ono Hawaiian BBQ, serving fresh, off-the-grill Hawaiian fare and operating through nearly 100 locations. The property is located at 1335 W Ave K in Lancaster, California.
Key Highlights
- New 15‑year ground lease for an Ono Hawaiian BBQ restaurant.
- Ground lease includes 10% rent increases every five years.
- Long‑term ground lease structure described as providing long‑term security for investors.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93534, CA
43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
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 - New 15-year ground lease features 10% rent increases every five years for a Ono Hawaiian BBQ restaurant.
Where is this conventional restaurant located?
The property is located at 1335 W Ave K Lancaster, CA.
What are key features of this property?
This property features: New 15‑year ground lease for an Ono Hawaiian BBQ restaurant.; Ground lease includes 10% rent increases every five years.; Long‑term ground lease structure described as providing long‑term security for investors.
