Conventional Restaurant with Commercial
For Sale
$600,000
P-4183 Chino Hills Pkwy, Chino Hills, CA 91709
Established restaurant space with private dining rooms, substantial kitchen infrastructure, and approximately 10 years remaining on the lease.
Property Size5,700 SF
Price / SF$105.26
Days on Market56
Property Features for P-4183 Chino Hills Pkwy
General Information
Standard status
Active
Size
5,700 SF
Property subtype
Business Opportunity
Restaurant
Seating Capacity
166
Hood Type
Type I
Commercial Hood
Yes
Grease Trap
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Highway Access
Yes
Listing Agency:
Wetrust Realty
(626) 587-4866
Listed By:
Susie Li · License #02237172
(626) 215-8750
Source:
Exprealty
Added: Jul 27
Changed: Sep 16
Last Checked: Sep 19 at 3:03PM
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 Wetrust Realty
Investment Insights
Based on property information with market context.
This conventional restaurant property includes approximately 5,700 SF of interior space, 166 dining seats, and three private dining rooms. The commercial kitchen is equipped with a Type I hood, walk-in cooler, walk-in freezer, and outdoor grease trap. Furniture, fixtures, and equipment are included in the sale, with no leased equipment reported. The business entity and trade name are excluded.
The property is located in Chino Hills with access to SR-71 and CA-60. Approximately 10 years remain on the current lease. The existing layout and equipment support continued restaurant operations, subject to the buyer’s chosen concept and applicable requirements.
The property is located in Chino Hills with access to SR-71 and CA-60. Approximately 10 years remain on the current lease. The existing layout and equipment support continued restaurant operations, subject to the buyer’s chosen concept and applicable requirements.
Key Highlights
- Approximately 5, 700 SF restaurant space with 166 dining seats
- Three private dining rooms included in the existing layout
- Commercial kitchen with Type I hood, walk‑in cooler, and walk‑in freezer
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
$46,807
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
7.80%
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%
$936,140
$936.1K
Cap Rate 7%
$668,671
$668.7K
Cap Rate 9%
$520,078
$520.1K
Market Conditions
NOI Build-Up for 5,700 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
$71.1K $12.48/SF
− Vacancy
−$4.3K −$0.75/SF
EGI
$66.9K $11.73/SF
− OpEx
−$20.1K −$3.52/SF
NOI
$46.8K $8.21/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /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%
$936,140
Cap Rate 7%
$668,671
Cap Rate 9%
$520,078
Alternative Uses
Best Use
Specialty Retail
$789.7K
$691.0K – $921.3K
NOI $55,278 @ 7.0% cap · market cap 9.21%
Second Best
Industrial
$668.7K
$585.1K – $780.1K
NOI $46,807 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,163 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91709, CA
78,530
Population
26,282
Households
3
Avg Household Size
39
Median Age
48%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
1,753
Density / Sq Mi
$122,784
Median Household Income
$57,295
Median Earnings
$2,750
Median Rent
$829,900
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 - Established restaurant space with private dining rooms, substantial kitchen infrastructure, and approximately 10 years remaining on the lease.
Where is this conventional restaurant located?
The property is located at P-4183 Chino Hills Pkwy Chino Hills, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 5, 700 SF restaurant space with 166 dining seats; Three private dining rooms included in the existing layout; Commercial kitchen with Type I hood, walk‑in cooler, and walk‑in freezer
