Equipped Family Restaurant
For Sale
$325,000
502 S D, Perris, CA 92570
Operating restaurant business with a commercial kitchen, bar, dining furnishings, fixtures, and included inventory.
Property Size2,178 SF
Price / SF$149.22
Days on Market110
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Property Features for 502 S D
General Information
Standard status
Active
Size
2,178 SF
Property subtype
Business Opportunity
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
1913
Listing Agency:
Global Bancorp
Listed By:
Juan Camacho · License #01893106
(717) 610-7431
Source:
Myfabuloushome
Added: Jun 28
Changed: Oct 9
Last Checked: Oct 7 at 3:48PM
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 Global Bancorp
Investment Insights
Based on property information with market context.
This restaurant business includes the operating assets needed for continued food-service use, including commercial cooking equipment, preparation stations, storage areas, and a full bar. Furniture, tables, chairs, fixtures, décor, a computer system with customer management software, a jukebox, and existing inventory are included. The layout is described as spacious and organized for daily restaurant operations.
The property is situated on a main street in downtown Perris and is described as having strong visibility and substantial pedestrian activity. Current operating hours are 8:00 AM to 11:00 PM. The existing lease has 30 months remaining, with an additional five-year option at the same monthly rate. The building dates to 1913.
The property is situated on a main street in downtown Perris and is described as having strong visibility and substantial pedestrian activity. Current operating hours are 8:00 AM to 11:00 PM. The existing lease has 30 months remaining, with an additional five-year option at the same monthly rate. The building dates to 1913.
Key Highlights
- Commercial kitchen with cooking equipment, prep stations, and storage areas
- Full bar with dining furniture, tables, chairs, fixtures, and décor included
- Computer system with customer management software included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,462
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,240
$549.2K
Cap Rate 7%
$392,314
$392.3K
Cap Rate 9%
$305,133
$305.1K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$39.2K $18.00/SF
− Vacancy
−$2.6K −$1.19/SF
EGI
$36.6K $16.81/SF
− OpEx
−$9.2K −$4.20/SF
NOI
$27.5K $12.61/SF
Area
Riverside County, CA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,240
Cap Rate 7%
$392,314
Cap Rate 9%
$305,133
Alternative Uses
Best Use
Specialty Retail
$392.3K
$343.3K – $457.7K
NOI $27,462 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.5K
$570.9K – $761.2K
NOI $45,674 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 46%
Electronics 3%
Bank of America
Shops & Services
19,916 visits/mo
0.1 miles
Winchell's Donut House
Dining
10,856 visits/mo
0.3 miles
Del Taco
Dining
7,685 visits/mo
0.4 miles
AutoZone
Shops & Services
7,190 visits/mo
0.3 miles
Little Caesars Pizza
Dining
6,451 visits/mo
0.3 miles
Demographics for 92570, CA
59,015
Population
15,590
Households
3.8
Avg Household Size
32
Median Age
10%
College-Educated
68%
High-School Grad
106.3 sq mi
ZIP Area
555
Density / Sq Mi
$77,570
Median Household Income
$34,671
Median Earnings
$1,461
Median Rent
$419,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant business with a commercial kitchen, bar, dining furnishings, fixtures, and included inventory.
Where is this conventional restaurant located?
The property is located at 502 S D Perris, CA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Commercial kitchen with cooking equipment, prep stations, and storage areas; Full bar with dining furniture, tables, chairs, fixtures, and décor included; Computer system with customer management software included
