Description
ntroducing an exceptional commercial opportunity in the heart of Santa Ana: a bustling 720-square-foot property that has been home to a thriving Mexican Food Restaurant for over two decades. Recently secured with a new 15-year lease, the tenant covers all utilities, ensuring a hassle-free investment. Situated on a large lot, this property not only offers current income but also ample room for future expansion opportunities. With a solid 5.9% capitalization rate, this property yields an annual gross income of $41,616. Offered for sale in its present state as-is, this is your chance to capitalize on a proven income stream in a prime location.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
ntroducing an exceptional commercial opportunity in the heart of Santa Ana: a bustling 720-square-foot property that has been home to a thriving Mexican Food Restaurant for over two decades. Recently secured with a new 15-year lease, the tenant covers all utilities, ensuring a hassle-free investment. Situated on a large lot, this property not only offers current income but also ample room for future expansion opportunities. With a solid 5.9% capitalization rate, this property yields an annual gross income of $41,616. Offered for sale in its present state as-is, this is your chance to capitalize on a proven income stream in a prime location.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-10T22:28:15.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.