$312,673*
●
Commercial -
Off Market
17901 Pioneer Boulevard
Artesia, CA 90701
Studio
0 Bath
$198,000 - $242,000
Reference Base Price*
42.12%
Since May 1, 2020
CA-Los Angeles
Primary Model
About This Property
VERY, VERY LOW RENT and profitable Poki and Sushi restaurant for
sale in Artesia at the 99 Ranch Market Plaza next to Cerritos,
California. Additional tenants include: East West Bank,
Boiling Point, Lee's Sandwiches, Pho 2000, Daiso Japan, Burger IM,
Euro-Asian Sandwiches, Cafe D.er, Rice on Dish, Let's Sea Bag n'
Roll, Lollicup and It's Boba Time Cafe. Exclusive use:
Japanese fast food restaurant serving primarily raw fish salad
bowl. Sushi, as an exclusive and primary use, is available
however, subject to Landlord approval. Existing restaurant does
serve Sushi and Ramen. Initial Term: 10 Years. Optional
Renewal Periods: X2 5 year. 2 years remain on initial 10 year
term with X2 5 year optional renewal periods. Monthly Base
Rent Year 9: $3,258.76. Monthly Base Rent Year 10: $3,421.65.
Year 11 Base Rent: The greater of year 10 base rent + 5% or
fair market rent. Years 12-15 Base Rent: the greater of 4% or
the percentage as published under the Consumer Price Index.
Second 5 Year Optional Renewal Period Base Rent Adjustments.
Year 16 Base Rent: The greater of year 15 base rent + 5% or
fair market rent. Years 17-20 Base Rent: the greater of 4% of
year 16 base rent or the percentage as published under the Consumer
Price Index. Monthly CAM: amount is calculated based on the
size of Unit G in comparison to all leasable space at the plaza &
is reconciled, yearly. Seller has a total of 3 restaurants
and is selling this one to focus on the other 2
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 7, 2020 | No longer available | - | |
No longer available | |||
Aug 20, 2019 | Relisted | $220,000 | |
Relisted | |||
Aug 18, 2019 | No longer available | - | |
No longer available | |||
Apr 8, 2019 | Listed | $220,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/01/2022
|
|
Loft
|
-
|
-
|
$300,000
Loft
-
|
-
-
|
-
|
Alfredo Guzman
Berkshire Hathaway H.S.C.P.
|
04/08/2019
|
|
Studio
|
-
|
-
|
$220,000
Studio
-
|
-
-
|
-
|
-
|