Objektbeschreibung
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 1 Stanyan Street, Unit 2, a 600 square foot, single-tenant ground-floor retail condominium unit ("the Property"). The Property is 100% leased to Rooster & Rice, a successful and rapidly growing Asian-style, fast-casual restaurant specializing in healthy and clean food concepts. Rooster & Rice has recently invested an additional $250,000 in improving their space and has 5 years of primary term remaining with 5% annual rent increases. The condo is part of a a greater mixed-use condo building that includes thirteen luxury residential units and an additional retail unit long-term leased to T-Mobile.
Rooster & Rice presents a unique opportunity to acquire a secure and growing cash flow in a fortress San Francisco location.
Eigenschaften
Medien
Investment-Highlights
- NNN LEASE WITH LIMITED LANDLORD RESPONSIBILITIES
- SIGNIFICANT CASH FLOW GROWTH WITH 5% ANNUAL RENT INCREASES
- ESTABLISHED RESTAURANT OPERATOR WITH 12 LOCATIONS
- PART OF A CLASS-A, MIXED-USE CONDO DEVELOPMENT
- UNPARALLELED GEARY BOULEVARD & STANYAN STREET RETAIL CORRIDOR WITH OVER 46,000 VPD
- DENSE & AFFLUENT CUSTOMER BASE WITH AN AHI OF OVER $178,800
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