Property summary
This established Norwalk, CA restaurant presents a compelling investment opportunity for owner-users. Boasting 1,700 square feet of space, this business is situated in a vibrant strip center alongside other successful eateries. Its prime location near a high school and the 5 Freeway ensures consistent foot traffic and high visibility, maximizing its potential for revenue generation. Currently operating as a franchise, the property offers the flexibility to implement your own culinary concepts, allowing for creative customization and brand development. The asking price is $175,000, translating to $102.94 per square foot. Monthly net income is approximately $15,000, with a net rent of $5,240 (NNN included). Located on a busy street in Norwalk (zip code 90650), this restaurant benefits from its strategic placement in Los Angeles County, California. This turnkey operation offers a rare chance to acquire a profitable business in a high-demand area, providing immediate income and significant growth potential. The property's strong performance history and prime location make it an exceptional investment for discerning buyers seeking a well-established and profitable venture. Don't miss this chance to own a thriving restaurant in a bustling commercial area.
Property profile
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Value estimations
Owner & transaction history
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
Zoning
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