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2014-2062 Lake Tahoe Blvd
South Lake Tahoe, CA 96150

$16,484,000 USD

Restaurant For Sale • 46,041 SF

Property Details

Property Type Restaurant
Total Building Size 48,017 SF
Lot Size 4.9 AC
Building Class B
Year Built 1973
Cap Rate 6.50 %
Tenancy Multiple
Zoning Commercial-South Y C-100

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Diverse Tenant Mix: Tenant mix of restaurants, health & wellness providers, fitness, & boutique shops. 
                            
                                Assumable Debt: Assumable CMBS loan - interest only for 4 years. 
                            
                                Strong & Affluent Clientele: The AHHI within a 10-minute drive of the property is approx. $123,000. 
                            
                                Irreplaceable Location: The property is located at the "Y" of Hwy 50 & Hwy 89, the gateway to South Lake Tahoe.

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Big 5 Sporting Goods		1/31/2030
Cuppa Tahoe		12/30/2028
Earthwise Pet Supply
Elevate Wellness
Lake Tahoe Aleworx		6/25/2032
PT Revolution		11/29/2025
Sierra At Tahoe		11/17/2021
Tahoe Home Consignment		7/31/2027
The Barn/Ranch Store		6/17/2024
Verde Mexican Rotisserie		4/26/2018

Amenities

Banking
Restaurant

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	189
Type:	Surface
Included in Rent:	Yes

Stuart Wright 916-446-8206 CBRE, Inc.

2014-2062 Lake Tahoe Blvd South Lake Tahoe, CA 96150