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12118 Brookhurst St

5,409 SF Retail Building Garden Grove, CA 92840 £4,135,518 (£765/SF) 5.30% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Retail Investment Property with Top Performing K-BBQ Restaurant Tenant.
  • Excellent Foot Traffic in Area.
  • Business not Included.

EXECUTIVE SUMMARY

Investment Triple Net
Tenant is All You Can Eat Korean BBQ: Bullgogi K-BBQ
Gross sales: $300,000/mo.
20-year Lease, 3% increase / year
Beer & Wine License
Plenty of Parking in the area

ATTACHMENTS

Memorandum Flyer_111924

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,409 SF
Building Class
C
Year Built
1959
Price
£4,135,518
Price Per SF
£765
Net Initial Yield
5.30%
NOI
£219,182
Tenancy
Single
Number of Floors
1
Slab to Slab
11 ft
Building FAR
0.34
Lot Size
0.36 AC
Zoning
BCSP, Garden Grove
Parking
45 Spaces (8.32 Spaces per 1,000 SF Leased)
Frontage
55 ft on Brookhurst St

AMENITIES

  • Bus Route
  • Signage
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Walk Score®
Very Walkable (85)
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.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Citi
Sprouts Farmers Market
Bambu
Hummus Republic
The Habit Burger Grill
Chase Bank
Wells Fargo Bank
U.S. Bank
24 Hour Fitness
Bank of America

PROPERTY TAXES

Parcel Number 089-453-45 Improvements Assessment £273,347
Land Assessment £1,754,648 Total Assessment £2,027,994

PROPERTY TAXES

Parcel Number
089-453-45
Land Assessment
£1,754,648
Improvements Assessment
£273,347
Total Assessment
£2,027,994
(909) 446-2222

CONTACT

  • Listing ID: 33809659

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 12118 Brookhurst St, Garden Grove, CA 92840

The Garden Grove Retail Property at 12118 Brookhurst St, Garden Grove, CA 92840 is currently available. Contact Newstar Realty & Investments for more information.

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12118 Brookhurst St
(909) 446-2222 x

12118 Brookhurst St

Bruce Lee

(909) 446-2222

(909) 446-2222

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