For Sale
$1,200,000

Fallbrook Ca 92028 Fallbrook, CA 92028

Profitable Greek eatery, real estate included.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional opportunity presents a thriving Greek drive-thru restaurant and its accompanying freestanding building in Fallbrook, CA. The 1,862 square foot building, constructed in 1988, sits on a 0.051-acre lot and boasts 33 parking spaces. The property, zoned C37, enjoys a prime location with excellent visibility and high traffic counts at the intersection of Highway 15, near established retailers like Northgate Market and Albertsons. The fully built-out restaurant features 1,663 square feet of net rentable space and is currently operating at 100% occupancy. The business is offered as an owner/user investment with a strong 11% cap rate and an asking price of $1,200,000 ($644.47 per square foot). The property's strategic location within a densely populated area (over 27,000 people within a two-mile radius) ensures consistent customer traffic. This turnkey operation offers a unique blend of established business and valuable real estate, presenting a compelling investment opportunity for a discerning buyer. The single-story building is classified as Class B. The property's APN is 1041321000.

Highlights

  • $1,200,000 asking price for a profitable Greek restaurant business and building.
  • 1,862 square foot building on a 0.051-acre lot in Fallbrook, CA.
  • 11% cap rate with 100% occupancy.
  • Single-tenant, Class B building, built in 1988.
  • Features a drive-thru and 33 parking spaces.

Property Details for 0 Fallbrook Ca 92028

Property type
Commercial real estate
Square Feet
1,862 SF
Class
B
Year Built
1988
Buildings
1
Stories
1
Lot Size (sq. ft)
2,222 SF

Location Insight

City
Fallbrook
County
San Diego
State
California
Latitude
33.3747491
Longitude
-117.2511145

FAQs

What type of property is this?
Commercial real estate - Profitable Greek eatery, real estate included.
Where is the commercial real estate located?
The property is located at Fallbrook Ca 92028 Fallbrook, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a profitable Greek restaurant business and building.; 1,862 square foot building on a 0.051-acre lot in Fallbrook, CA.; 11% cap rate with 100% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Fallbrook Ca 92028
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message