Turnkey Mediterranean
For Sale
$249,000
130 W Monte Vista Avenue, Turlock, CA 95382
Turnkey Mediterranean kabob restaurant with a full kitchen, dining room, takeout/dine-in options, and outdoor patio seating.
Property Size1,200 SF
Price / SF$207.50
Days on Market61
Property Features for 130 W Monte Vista Avenue
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial/Industrial
Additional Details
Business Included
Yes
Liquor License
Yes
Listing Agency:
Powerhouse Realty
(209) 968-9238
Listed By:
Linda David · License #01846061
(209) 968-9238
Source:
Exitrealty
Added: Jun 25
Changed: Aug 23
Last Checked: Aug 24 at 3:21AM
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 Powerhouse Realty
Investment Insights
Based on property information with market context.
This turnkey Mediterranean kabob restaurant is offered as an established operation. The space includes a well-equipped full kitchen and a dining room sized to accommodate small parties. The concept supports takeout and dine-in service, with delivery and outdoor patio seating available.
The restaurant is located in a busy commercial area surrounded by other businesses and national brands, with heavy foot traffic off the Monte Vista corridor. The property also benefits from plenty of parking for convenient customer access.
As part of the sale, included items are beer/wine and hookah licenses, along with outside seating leasehold improvements.
The restaurant is located in a busy commercial area surrounded by other businesses and national brands, with heavy foot traffic off the Monte Vista corridor. The property also benefits from plenty of parking for convenient customer access.
As part of the sale, included items are beer/wine and hookah licenses, along with outside seating leasehold improvements.
Key Highlights
- Established Mediterranean kabob restaurant with a well‑equipped full kitchen included
- Dining room approx. 1,200 SF, sized to host small parties
- Offers takeout/dine‑in options plus delivery and outdoor patio seating
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
$18,624
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
7.48%
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%
$372,480
$372.5K
Cap Rate 7%
$266,057
$266.1K
Cap Rate 9%
$206,933
$206.9K
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
$25.9K $21.60/SF
− Vacancy
−$1.1K −$0.91/SF
EGI
$24.8K $20.69/SF
− OpEx
−$6.2K −$5.17/SF
NOI
$18.6K $15.52/SF
Area
Stanislaus County, CA
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$372,480
Cap Rate 7%
$266,057
Cap Rate 9%
$206,933
Alternative Uses
Best Use
Specialty Retail
$266.1K
$232.8K – $310.4K
NOI $18,624 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.7K
$488.0K – $650.7K
NOI $39,042 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95382, CA
38,702
Population
14,167
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
3,551
Density / Sq Mi
$93,592
Median Household Income
$51,258
Median Earnings
$1,790
Median Rent
$483,100
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.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey Mediterranean kabob restaurant with a full kitchen, dining room, takeout/dine-in options, and outdoor patio seating.
Where is this conventional restaurant located?
The property is located at 130 W Monte Vista Avenue Turlock, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Established Mediterranean kabob restaurant with a well‑equipped full kitchen included; Dining room approx. 1,200 SF, sized to host small parties; Offers takeout/dine‑in options plus delivery and outdoor patio seating
