Investment Overview
THIS OFFERING is for the opportunity to purchase a prominent and highly recognizable full-service restaurant historically occupied by a nationally branded restaurant at a significantly below market price.
Located at a controlled corner intersection and fronting a major commercial arterial with over 18,500 vehicles per day passing by the property, the property benefits from an oversized 1.95-acre parcel with approximately 124 parking stalls and the well-maintained building includes seating capacity of approximately 269.
Existing furniture, fixtures and equipment are potentially available to purchase upon terms to be negotiated. Walk-in freezers are included. Property will be delivered vacant as of closing. Do not disturb existing occupant.
Investment Highlights
- Offered at a significantly below market price. Property last sold in 2014 for $1.45M and is tax assessed at $1,624,050.
- Located at a controlled intersection with access from both arterials and traffic counts exceeding 18,500 vpd.
- Existing furniture, fixtures and equipment potentially available to purchase upon terms to be negotiated. Walk-in freezers included.
- Quick interstate and highway access.
- Building is fully sprinklered.
- Oversized lot with approximately 124 parking stalls (15 stalls per 1,000SF).
- Property will be delivered vacant as of closing.