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- LoopNet Team
1833 Fulton Ave
Sacramento, CA 95825
Closed Marrakech Restaurant · Property For Lease
Highlights
- Marrakech Restaurant could re-open with same brand and concept - Owner asking $85k
- Location in Freestanding Building with its own parking
- Great Lease offered at only $.78/sf + NNN/CAM - Total Rent is $5,667/month.
- Could be Leased for a new Restaurant Concept with Assets price Negotiable
- Has Full Kitchen with Hood/Ansul - updated less than 2yr ago
Property Facts
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Restaurant | Parking Ratio | 5.28/1,000 SF |
| Gross Leasable Area | 3,790 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,790 SF |
| Year Built | 1970 |
| Parking Ratio | 5.28/1,000 SF |
About the Property
Offered as a Restaurant For Lease with Assets to Purchase. This space operated as Marrakech Moroccan restaurant for over 29 years. The owner recently closed the restaurant due to Health reasons. He is open to the next owner operating with the Marrakech Moroccan restaurant concept and is offering the Restaurant Assets and Goodwill in place for $85,000. This space is also offered as a possible conversion to a different concept - assets price is negotiable. The restaurant space is approx 2,800sf with an additional 1,100sf that is currently used for storage. We think that the "storage" space could be added to the dining space with an additional water/sewer impact fee. The 1,100sf space has it's own entrance/exit so it could also be converted to a retail space. The restaurant has a full kitchen with a smaller Hood/Ansul. A Type 41 Beer & Wine license is currently in place. The owner is offering a 5 Year lease term with excellent rent at only $.78/sf + NNN. Property Taxes are $6,098/yr. Building Insurance is approx $2,000 - $3,000/yr. All Utilities are paid by Tenant. Total Rent is $5,667/month. Tenants with Industry Experience Only. Interested? Please contact us for an Assets List and more details. We look forward to talking with you!
- Bus Line
- Pylon Sign
- Restaurant
- Signage
