401 E Foothill Boulevard , Pomona, CA 91767
Pomona, CA 91767
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.
Details
| MLS# | OC24114792 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 126 |
| Listing Provided By | Roman Ciuni, Broker 213-842-1539 | Roman Ciuni |
Features
| SQ Feet | 5,759 |
|---|---|
| Zoning | POC4-R32, Pomona |
| Acreage | 1.02 |
Market Activity 91767
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pomona |
| Zip Code | 91767 |
| Area | 687 Pomona |
| Listing VS Median (in 91767) | |
Price: $150,000 low | high Med: $650,000 SqFt: 5,759 low | high Med: 1,200 $ / SqFt: $26 low | high Med: $555 On Site: 126 low | high Med: 32.000000 | |