3328 Firestone Blvd
South Gate, CA 90280
Wienerschnitzel | Low Rent | High Traffic · Retail Property For Sale

Marcus & Millichap is pleased to present an Absolute Net Leased Wienerschnitzel restaurant located at 3328 East Firestone Boulevard in South Gate, California (Los Angeles). This location has been successfully operating since 1980. There are just over five years remaining on the lease which originally commenced in 1980. Irvine, CA based Galardi Group Inc. operates the business and guarantees the lease through 12/31/2022 with one, five-year option period remaining. Founded in 1961 by John Galardi with a single location in Southern California, Wienerschnitzel has grown to be the worlds largest hot dog chain serving more than 120 million hot dogs a year. The city of South Gate is the seventeenth largest city in Los Angeles County with over one million people in a five-mile radius. The immediate trade area is expected to experience a 2% population growth in the next five years. The site is located along Firestone Boulevard, one of the main retail thoroughfares in the area, and is exposed to over 48,000 vehicles daily. Wienerschnitzel is located on the corner of Firestone & Victoria in South Gate and has excellent point of ingress and egress. The property is favorably located directly across from South Gate High School, a public school with over 2800 students during the regular school year, and over 1000 students during summer courses. South Gate City Hall and City Center are located in extremely close proximity. The opportunity is to acquire a successfully operating net-leased asset in an irreplaceable in-fill LA County location, ideal for the future developer or investor alike.