401 E Foothill Boulevard
Pomona, CA 91767
1.02 acres | #OC24114792
Description
Ground Review is pleased to offer the sale of a restaurant located at 401 E Foothill Blvd. in the city of Pomona. Currently the business operates as Smoke and Fire Social Eatery. Sale includes furniture, equipment, and Type 41 liquor license, licenses, permits, machinery, and transferable third party service contracts if applicable.
The building is approximately 5,759/SF situated on approximately 1.02 acres. The property has approximately 78 parking spaces (10:1 parking ratio). This freestanding building offers great visibility and access in an excellent location within the city of Pomona.
The business sale comes with a long-term lease for the property assuring the new owner security with the real estate. The 15-year lease term commenced May 1, 2021 and expires April 30, 2036 plus two (2) five (5) year options to renew. Favorable rental rate with 2% annual rental increases applicable to the initial term and option lease term.
Property Details
- Acres1.02
Construction Details
- Property TypePurchase
Condition
- Year Built1976
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$200,000
Other
- MLS #OC24114792
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Roman Ciuni (#OCCIUNROM)
Listing Office: Roman Ciuni, Broker (#OC14281)
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