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RESTAURANT IN PRIME WEST HILLS AREA 23759 Roscoe Blvd 3,400 SF 100% Leased Retail Building West Hills, CA 91304 $1,595,000 ($469.12/SF) 4.72% Cap Rate
Investment Highlights
- Zoning allows for retail and restaurant uses, making the property suitable for an owner-user or investor seeking a West Hills commercial location.
- The property includes a full commercial kitchen, supporting continued restaurant operations
- The property is located near the intersection of Roscoe Boulevard and Valley Circle Boulevard.
- The site offers strong street frontage and visibility along Roscoe Boulevard
Executive Summary
Instagram: @olive_and_fig_la
Hands down one of the best places in the valley, OLIVE AND FIG RESTAURANT IN PRIME LOCATION OF WEST HILLS, It is your prime destination for delicious and authentic Mediterranean dishes. THE SALE PRICE IS INCLUDED ALL LICENSING,AND FULLY EQUIPPED KITCHEN! FULLY LEASED RESTAURANT LEASED FOR 5 YEARS AND 2 TIMES 5 YEAR OPTION . IT HAS WINE AND BEER LICENSE. 3400 SQUARE FOOT MAIN BANQUET AND PATIO FRONT, PLUS LARGE ALMOST 1000 SQUARE FOOT HOOCKA LOUNGE PATIO IN THE BACK, AND LARGE PARKING AND SIGNAGE!
The restaurant including: all furnitures, fixtures,equipment, kitchen, bars and licensing also for sale separately for $500,000.00 by the owner of the restaurant.
Hands down one of the best places in the valley, OLIVE AND FIG RESTAURANT IN PRIME LOCATION OF WEST HILLS, It is your prime destination for delicious and authentic Mediterranean dishes. THE SALE PRICE IS INCLUDED ALL LICENSING,AND FULLY EQUIPPED KITCHEN! FULLY LEASED RESTAURANT LEASED FOR 5 YEARS AND 2 TIMES 5 YEAR OPTION . IT HAS WINE AND BEER LICENSE. 3400 SQUARE FOOT MAIN BANQUET AND PATIO FRONT, PLUS LARGE ALMOST 1000 SQUARE FOOT HOOCKA LOUNGE PATIO IN THE BACK, AND LARGE PARKING AND SIGNAGE!
The restaurant including: all furnitures, fixtures,equipment, kitchen, bars and licensing also for sale separately for $500,000.00 by the owner of the restaurant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1967/2022
Price
$1,595,000
Price Per SF
$469.12
Cap Rate
4.72%
NOI
$75,330
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.29 AC
Zoning
C2 - general commercial
Parking
18 Spaces (5.29 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2005-021-018 | Improvements Assessment | $284,454 |
| Land Assessment | $568,913 | Total Assessment | $853,367 |
Property Taxes
Parcel Number
2005-021-018
Land Assessment
$568,913
Improvements Assessment
$284,454
Total Assessment
$853,367
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Contact the Sale Advisor
RESTAURANT IN PRIME WEST HILLS AREA | 23759 Roscoe Blvd