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New Built Food Hall(Restaurant) 11016 Magnolia Blvd

5,028 SF Retail Building North Hollywood, CA 91601 For Sale

Investment Highlights

  • FULLY BUILT OUT FOOD HALL READY FOR OCCUPANCY.
  • GHOST KITCHEN AND SHARED KITCHEN OPERATIONS IN THE BACK (COMMUNAL WALKS INS, DISHWASH, ETC)
  • 5 FOOD STALLS WITH HOODS, SINKS, REFRIGERATION, AND EQUIPMENT READY FOR IMMEDIATE OCCUPANCY.
  • FULL BAR IN SPACE WITH TYPE 47 LIQUOR LICENSE FOR SALE.

Executive Summary

For Sale or Lease. The Subject Property is a fully Built Out Food Hall/Restaurant, with construction just completed Q4 2024. The Food Hall has 5 stalls for 5 different concepts, a full bar, and a large shared back of house kitchen + a ghost kitchen in the back. Rent these spaces out individually or open your own concepts. The Full Bar has a type 47 liquor license which can be purchased separately for Fair Market Value (est. $140,000). All equipment comes with the purchase. Equipment includes stoves, deep fryers, Pizza Oven, Woks, flat top grills, refrigeration and much more. All furniture included as well.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,028 SF
Building Class
C
Year Built
1951
Tenancy
Single
Number of Floors
1
Building FAR
0.82
Land Acres
0.14 AC
Zoning
C4 - Commercial usage with limitations
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
50 ft on Magnolia

Amenities

  • 24 Hour Access
  • Bus Route
  • Mezzanine
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,028 SF
  • Restaurant
  • -
  • Now

The Subject Property is a Fully Built Out Food Hall with 5 stalls, a full bar, a ghost kitchen in the back and a large shared kitchen space for refrigeration, dish wash, dry storage, prep areas, employee lockers, etc. The Property is available for Sale or Lease. Landlord is looking to lease the entire premises, not individual stalls. Operator can sublease to individual stalls or can operate all of their own concepts. The space is fully built out and ready to operate, including all equipment. Some of the stalls are designed for specific tenants (ie Pizza, Chinese) and the balance were defined universally. The Bar has a Type 47 liquor license which can be purchased separately.

Space Size Space Use Position Available
1st Floor 5,028 SF Restaurant - Now

1st Floor

Size
5,028 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 5,028 SF
Space Use Restaurant
Position -
Available Now

The Subject Property is a Fully Built Out Food Hall with 5 stalls, a full bar, a ghost kitchen in the back and a large shared kitchen space for refrigeration, dish wash, dry storage, prep areas, employee lockers, etc. The Property is available for Sale or Lease. Landlord is looking to lease the entire premises, not individual stalls. Operator can sublease to individual stalls or can operate all of their own concepts. The space is fully built out and ready to operate, including all equipment. Some of the stalls are designed for specific tenants (ie Pizza, Chinese) and the balance were defined universally. The Bar has a Type 47 liquor license which can be purchased separately.

Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Club Pilates
Amazon Fresh
Orangetheory Fitness
Chase
Coffee Bean & Tea Leaf
Mod Pizza
Ono Hawaiian BBQ
24 Hour Fitness
Starbucks
Flame Broiler

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2353-006-005
Land Assessment
£1,627,983
Improvements Assessment
£1,007,321
Total Assessment
£2,635,304
  • Listing ID: 32554182

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 11016 Magnolia Blvd, North Hollywood, CA 91601

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