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The subject property is an 11,306 SF, "LENDER OWNED" shopping center located at the northwest corner of Magnolia and Jones Ave. The property consists of 10 retail units in an L-shaped, 1 story center. There is a good tenant mix at this center: Flower shop, hair & nail salon, barber shop, and a cafe to name a few. This property sits on a 33,977 SF corner lot and has plenty of on-site parking. It is located directly across from Kaiser Permanente Hospital, generating significant traffic along Magnolia Blvd.
Former Alpha Beta center. Fitness center has 16,800SF & Cafe has 2,700SF. C-2 zoning. Possible medical center or Prof. office or retail. 100 pkg. spaces go with the bldg. Alley access. Fee land.
Own a part of Riverside! Well known, iconic location, restaurant that occupies the space has been in business for approximately 60 years. Great location with lots to offer! Close to shopping, UC Riverside, residential communities, and more. Price includes a unit that is currently operating as a beauty salon, a 2 bedroom apartment, a hall (great for renting out for events), and an additional parcel of land for parking. Restaurant itself is not included in this price, but is also available for sale.
Multiple Anchor Tenants On Site! Off Major Freeway High Visibility! Very Convenient Location! Brand New Circle K Convenience Store On Site! Both Business Newly Opened For 8 Months! Exceptional Huge Lot Size 2.3 Acres! Two Building On The Premise! Total Building Size 100,000 Square Feet! Existing Tenants Include Big O Tires, Restaurant, Smog Shop! Still Have Vacant Land Portion For Truck Parking Lot! Currently Pumping 75,000 Gallons Per Month! Gasoline Profit Margin At $0.17 Per Gallon! C-Store Sale At $2,800 Monthly! Fantastic Business With Huge Land Lot! Own Two Great Franchise At The Same Time! Also Own A Huge Piece Of Real Estate! Very Fast Growing Neighborhood! Existing Multiple Tenants! Very Good Rental Income! Gas Station & Convenience Store Newly Operated! Very Busy Food Store! Big O Tire Rent Income $8,200! Fast Food Restaurant Rent Income $1,500! Smog Shop Rent Income $2,500! Truck Parking Lot Rent Income $1,100! Total Rental Income Over $13,000 Per Month! The Real Estate Itself Is Worth $3M!! Authorized For Publication By Listing Agent. Financing Provided By Pacific Premier Bank.
*Sale does not include Business of Restaurant ,Smog Shop,and Big O Tires* sale include all the property ( leased) and the business of the station **There're two Buildings on Lot | Total Land 2.3 acres | .93 Vacant** **Busy Convenient Store.** A. Mobil Gas Station & Circle K Market newly open | about 11months | 130000 Gallons Plus @ .17 Margin P/M | Market $31000 P/M B. Fast Food Restaturant Leased $1500. P/M | Utilities are NOT Included C. Big O Tires Leased 8200 plus P/M | Lease will be up in 3 months D. Smog Shop rental income $2500 P/M E. Vacant Land used as a truck parking lot | net income of $1100. P/M |||*** BUSINESS OPPORTUNITY *** ||| Mobil Gas Station and Circle K Store $300,000. Gas station and Store newly oprated. PEASE CALL AGENT FOR FURTHER DETAILS IF INTERESTED.
This authentic Mexican restaurant has been at the same location for 15 years, locals know and love this joint for it's tried and true recipes. Low rent, with a long term assumable lease provide exceptional stability for new ownership. A husband and wife team currently run the entire operation along with a single employee. One man bands would need to account additional employee costs in the event a dual owner operator regime was not taking over, so discount the adjusted net profit quoted accordingly. Sellers currently are doing zero advertising, and are still almost hitting a thousand bucks a day in sales. Possibility exists for conversion to your own concept, or keep the 15 year goodwill track record and just bring improvements or enhancements to the menu. NDA is required for exact business address and to visit as a customer only. Confidential sale.
Simple husband and wife team bring home the bacon running this dry cleaning plant full time, 6 days a week. Relies exclusively on the surrounding neighborhoods for business, about 85% cleaning revenue, 15% alterations. Wife of the team is a seamstress and takes care of all adjustments in-house. 45 pound Lindus machine, 2 years young included. Over $90,000 worth of FFE comes with the business and the purchase price. Favorable lease on a per square foot basis, with a solid relationship with a friendly landlord. All permits are current and up to date, has been with current owners for the past 5 years, 10 years total at the premises as a dry cleaning business. Currently no advertising or marketing is being done, so the sky's the limit to do promotions, coupons, grocery store receipt promo's, etc...to drive additional revenues and traffic under new management. NDA is required for exact business address and to visit as A CUSTOMER ONLY!! Do not interrupt Sellers course of business with questions, a formal Buyer/Seller meeting can be arranged easily with the Broker.
Brand new LA Fitness opened in 2007 and this juice and smoothie bar was built out from scratch with all high-end fixtures furniture and equipment at a purchase price of $140,000 for all the fees and rights to do business on the premises. Has 6 years left on lease, with 10 year options available at $1,250 per month. Ideal for family owned operation, which is the status currently, so no payroll costs. Minimal other expenses besides COGS @30% + Rent, as all utilities are included from within gym confines, no phone. It's an awe-inspiring gym. Seller comments that they are not open at all times of the gym, so this is an incomplete revenue picture. Gym hours are 5 a.m. to 12 a.m. M-F and 8-8 on Sat/Sun. 6% royalties forwarded to franchisor. Franchise transfer fee TBA, hopefully zero but will be disclosed upon accepted offer. Broker is not in possession of UFOC at this time. NDA is required for exact business address and to schedule an appointment.
Business of the station ( Mobile) and market for sale (the property is also available ) the gas station newly opened and gas volume increasing ( currently at 130,000+ Gallons @ .17C /gal , the market at $31,000.00 a month . lease $8,500.00 mo.