Japanese Sushi
For Sale
$220,000
141 Atlantic Boulevard, Monterey Park, CA 91754
Existing dining operation includes a dedicated sushi bar, dining room, hood, and walk-in refrigeration.
Property Size1,600 SF
Price / SF$137.50
Days on Market8
Property Features for 141 Atlantic Boulevard
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Business Opportunities
Additional Details
Commercial Hood
Yes
Listing Agency:
Mark III Properties
(626) 287-3348
Listed By:
RYOZO KAJINO · License #01030820
Source:
Xome
Added: Aug 15
Changed: Aug 21
Last Checked: Aug 21 at 7:38AM
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 Mark III Properties
Investment Insights
Based on property information with market context.
This Japanese sushi restaurant occupies approximately 1.600 SF and includes a 37-seat arrangement divided between an 11-seat sushi bar and a 26-seat dining room. The premises are equipped with a 22' hood and walk-in refrigerator, supporting restaurant operations within the existing layout.
The business is approximately two years old and is located at 141 Atlantic Boulevard in Monterey Park, California. The property is offered for sale with the restaurant improvements and food-service equipment identified above.
The business is approximately two years old and is located at 141 Atlantic Boulevard in Monterey Park, California. The property is offered for sale with the restaurant improvements and food-service equipment identified above.
Key Highlights
- Approximately 1.600 SF restaurant space
- 37 seats total: 11 at the sushi bar and 26 in the dining room
- Approximately two‑year‑old Japanese sushi restaurant
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
$18,698
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
8.50%
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%
$373,960
$374.0K
Cap Rate 7%
$267,114
$267.1K
Cap Rate 9%
$207,756
$207.8K
Market Conditions
NOI Build-Up for 1,600 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
$28.4K $17.76/SF
− Vacancy
−$1.7K −$1.07/SF
EGI
$26.7K $16.69/SF
− OpEx
−$8.0K −$5.01/SF
NOI
$18.7K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /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%
$373,960
Cap Rate 7%
$267,114
Cap Rate 9%
$207,756
Alternative Uses
Best Use
Specialty Retail
$541.8K
$474.1K – $632.1K
NOI $37,928 @ 7.0% cap · market cap 17.24%
Second Best
Industrial
$267.1K
$233.7K – $311.6K
NOI $18,698 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$856.6K
$749.6K – $999.4K
NOI $59,964 @ 7.0% cap · market cap 27.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91754, CA
33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
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 - Existing dining operation includes a dedicated sushi bar, dining room, hood, and walk-in refrigeration.
Where is this conventional restaurant located?
The property is located at 141 Atlantic Boulevard Monterey Park, CA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Approximately 1.600 SF restaurant space; 37 seats total: 11 at the sushi bar and 26 in the dining room; Approximately two‑year‑old Japanese sushi restaurant
