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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Call Broker For Details! Los Angeles, CA 91324

3,200 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a thriving, established Class A Greek restaurant in Northridge, CA, available for sale at $1,299,950. Located at a prime address in the 91324 zip code, this 3,200 square foot, single-unit restaurant boasts a stellar reputation, evidenced by its 5-star Yelp and Google ratings. The business enjoys consistent high revenue, with estimated 2024 gross revenue exceeding $1,500,000 and confirmed net earnings of approximately $600,000 annually. This success is built upon a loyal customer base, including numerous repeat customers and established commercial accounts with local schools, businesses, and emergency services. The restaurant has been family-owned and operated for over 30 years, building a strong foundation of trust and quality. The current owner is retiring but is willing to assist the new owner in a smooth transition. The lease is a gross lease, with a credit-rated tenant, commencing January 1, 2025, and expiring December 31, 2035. This is a unique owner-user investment opportunity, representing a rare chance to acquire a highly profitable and well-regarded business. This is a confidential private sale; further details are available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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