Colonial Kitchen 1110 Huntington Dr 3,854 SF Retail Building San Marino, CA 91108 £3,034,393 (£787.34/SF) 3.19% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Restaurant gets heavy traffic
- Current lease with 5 year option
- One of the few restaurants allowed in the city of San Marino
EXECUTIVE SUMMARY
Contact broker for additional information and to show.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£96,663
|
£25.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£96,663
|
£25.08
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,854 SF
Building Class
C
Year Built
1947
Price
£3,034,393
Price Per SF
£787.34
Net Initial Yield
3.19%
NOI
£96,663
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.32 AC
Zoning
C1, San Marino - Commercial.
Parking
19 Spaces (4.93 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Colonial Kitchen
- Accommodation and Food Services
- 3,854 SF
- £2.09
- Full Service
- Jul 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Colonial Kitchen | Accommodation and Food Services | 3,854 SF | £2.09 | Full Service | Jul 2027 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £842,133 (2024) | |
| Land Assessment | £1,314,053 (2024) | Total Assessment | £2,156,186 (2024) |
