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Medrano's Sports Bar and Grill 1525 W Avenue K 5,469 SF Retail Building Lancaster, CA 93534 $2,500,000 ($457.12/SF)
INVESTMENT HIGHLIGHTS
- Immediately Adjacent 14 Freeway On Ramp
- Fully "Turn-Key" Restaurant/Bar
- Two (2) Hoods
- Monument Signage
- Liquor License
- Grease Trap
EXECUTIVE SUMMARY
Currently Operating as Medrano's Sports Bar and Grill. A Fully Fixturized Restaurant and Bar with two (2) hoods, Liquor License with Stage Area and Dance Floor. Also available For Lease with or without Asset Sale. Inquire with Broker for Further Details.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,469 SF
Building Class
C
Year Built/Renovated
1980/2021
Price
$2,500,000
Price Per SF
$457.12
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
CPD - Commercial
Parking
37 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
158’ on W Ave K
AMENITIES
- Bus Line
- Freeway Visibility
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
5,469 SF Fully Fixturized Restaurant Bar with Active Liquor License (For Sale). Estimated Triple Nets (“NNN”) are $0.50/PSF/MO. Immediately Adjacent 14 On Ramp
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,469 SF | Retail | - | Now |
1st Floor
| Size |
| 5,469 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,469 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
5,469 SF Fully Fixturized Restaurant Bar with Active Liquor License (For Sale). Estimated Triple Nets (“NNN”) are $0.50/PSF/MO. Immediately Adjacent 14 On Ramp
NEARBY MAJOR RETAILERS
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Medrano's Sports Bar and Grill | 1525 W Avenue K
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