Property summary
This 1,375 sq ft Class A restaurant in Anaheim, CA (92801, 1019 N Magnolia St) is available for $198,000. The property features a fully equipped, well-maintained kitchen, perfect for continuing the existing Vietnamese concept or launching a new culinary venture. It's a turnkey operation in a prime location near a busy intersection with high visibility and consistent foot traffic. The surrounding area boasts popular dining establishments, creating a thriving culinary scene. The center is undergoing revitalization with a new anchor store planned to replace CVS, promising increased foot traffic and enhanced visibility. The lease is a NNN, 2-year term, with a credit-rated tenant. Ample parking is available (40 spaces per 1,000 sq ft). This vacant property presents a unique opportunity for immediate operation and future growth in a dynamic, established dining destination. The asking price is $144 per square foot. The property is a single unit, sole ownership.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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