Current Use by Public Records
- Retail properties & Spaces
Property Details for 1234 Herndon Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving American brunch restaurant in Fresno, CA, presents a unique investment opportunity. Located at 1234 W Herndon Ave, 93650, this freestanding, 3,357 square foot building boasts a prime location within a shopping center, yet enjoys the visibility of a standalone structure with ample parking. The property has been successfully operating for over 30 years, generating gross monthly sales of $90,000. The current lease is a NNN agreement with a monthly rent of $4,867.65 plus CAM charges. The restaurant features two remodeled restrooms and all furniture, fixtures, and equipment (FF&E) are included in the sale price of $250,000 ($74.47/sq ft). Currently operating from 6 am to 2 pm, the restaurant benefits from high street visibility. While there is no existing beer and wine license, the opportunity exists to obtain one. This is not a franchise, allowing for flexibility to maintain the current menu or implement a new concept. A signed NDA is required to access further financial details. This is a single-tenant, single-building property.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.813
- Latitude
- 36.8374
