Fully Equipped Operational Restaurant Ready Facility

Retail-Commercial for Sale
Catylist Listing ID: 30320485
Property Subtypes: Mixed Use, Restaurant, Other
Building Size (RSF): 1,875 SF
Gross Building Area: See Agent
Sale Price: $200,000
Unit Price: $106.67 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 2/26/2019

Overview / Comments

This is a fully equipped operational restaurant ready facility. Equipment is not included, but can be purchased separately from the tenant. This restaurant has been in business for many years, and it has a very stable clientele. The property also includes an attached apartment which is rented by the current tenant on a month to month basis. The current rent is only $1,300 since we are trying to find someone to take over the business. McNutt Road is under construction since this is the beginning is the new freeway. This will pick up a lot of traffic.

The house in the back does not convey.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 16-01429
Zoning: CC
Site Description: For more options: http://www.teamjuanuribe.com/
Area Description: - Property Taxes 2017: 1,961 - The home on the rear is not part of this transaction and we are currently separating the two - New freeway on McNutt Road under construction - Attached apartment is part of the transaction - Equipment is not included, but can be purchased separately from the tenant.
Tenancy: Single Tenant
Typical SF / Floor: 1,650 SF
Year Built: 1996
Parking Ratio: 6.1 (per 1000 SF)
Parking Description: 10 Spaces
Zoning Description: CC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,290 45,103 119,556
Median Age: 29.47 33.28 35.44
Households: 2,294 15,856 44,425


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