1010 66Th StSeattle, WA 98115

Property Details for 1010 66Th St

Year built

2022

Property size (Sq ft)

2,750 SF

Property type

Commercial real estate

Description

This thriving Vietnamese restaurant in Seattle's vibrant Roosevelt neighborhood presents a rare investment opportunity. Built in 2022, this 2,750 square foot establishment boasts a strong track record, generating an annual gross income of $1,054,000 and a net operating income (NOI) of $167,000. The restaurant benefits from a prime location near the Roosevelt Light Rail station, ensuring high visibility and convenient access for customers. The lease is a NNN agreement with a remaining term of 7.5 years, expiring May 31, 2032. The property includes 8 parking spaces. The fully equipped kitchen and efficient layout make this a truly turnkey operation, ready for immediate success. The restaurant's modern twist on authentic Vietnamese cuisine has cultivated a loyal customer base and consistently high online ratings. This is an exceptional opportunity to acquire a well-established, profitable business in a desirable Seattle location. Note that the trade name is not included in the sale. The asking price is $599,000, representing a price per square foot of $217.82.

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6766

Longitude

-122.317

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