11900 South St, Cerritos, CA 90703
Business
Sold October 2024
Listing Agent: Hengjie Jiao (DRE #02111964) · Listing Office: Harvest Realty Development · Contact: 949-281-9159 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #OC24158989 · Source: CRMLS
About this business
2,425sf Turnkey Restaurant | CerritosNEW TO MARKET - DO NOT DISTURB EMPLOYEES - KEY MONEY ASSET SALE - CALL BROKER FOR SHOWING This prime location is ideal for launching your business. It's located in a high-end plaza with a large supermarket on the busy main street of Cerritos. *This 2,425sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Large Hood, Walk-In Refrigerator, Walk-In Cooler, dishwasher area, and grease interceptor, a full FF&E list included. * The space currently rents for $ 7,275.00/Mo. with 3% Annual Increases, NNN's are approximately $ 1,172.08/Mo. * The current Term expires Expires May, 2029 along with 2 X 5 Year Option, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent. * This is a rare turnkey restaurant opportunity in one of LA County’s most popular city to entry markets. High-end and elegant business district planning. Surrounded by market place, Cerritos Mall. Highly income residential communities, with average home values of over $1 million. Located near Cerritos College, Cerritos High School and Gretchen Whitney High School.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history