Property Managed By : Cali-Rentals. .... For Sale or Lease 5 years minimum Alfredo's Drive-Thru Restaurant 894 W. Manchester, Los Angeles, CA 90044 Price: $899,000 Building Size: 1,584 SF Price/SF: $567.55 Property Type: Retail Property Sub-type: Restaurant Additional Sub-types: Free Standing BldgStreet RetailRetail Pad Property Use Type: restaurant APN #: 6038-017-040 Last Verified 4/12/19 Listing ID 17249631 Map of 894 W. Manchester, Los Angeles, CA 90044 (Los Angeles County) Find out more about 894 W. Manchester, Los Angeles Highlights Corner location with drive-thru NNN Lease Close to Schools Dedicated left turn lane Large lot with development potential Ample parking Description Alfredo' s is 1,584 sf fast food restaurant located on a 12,371 sq. ft. corner lot zoned C2 on a major thoroughfare. It is a high traffic location with good visibility. There is a dedicated left turn lane facilitating the drive-thru restaurant and there is ample parking as well. The property is in close proximity to the 110 freeway as well as schools and other businesses with residential neighborhoods close by.This property is lease where the tenant is responsible for the property taxes, insurance, and maintenance. Alfredo's restaurant has an option to renew for 10 years at the greater of fair market value or 103% of the previous year's base rent. This is desirable to an investor, plus, given the location and demographics there could be other possible opportunities with the property in the future. West of the 110 FWY, between Vermont Ave. and Hoover St. Financial Summary ? Actual Net Operating Income $79,831 Additional Photos Drive-thru Monument sign Parking lot CORE Commercial Property Managed by : Cali- Rentals The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. ? LoopNet Commercial Real Estate CJ6DL9M Manchester at Vermont (google map) (yahoo map) Location: Los Angeles it's NOT ok to contact this poster with services or other commercial interests
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