KEY MONEY REQUIRED - RESTAURANT ASSET SALE: CALL AGENT FOR PRICING
This 4,250sf restaurant sits in the heart of North Fairfax Ave., one the hippest and most Iconic walk streets in all of Los Angeles. Fairfax Village is home to many of Los Angeles most cutting edge Retail Concepts, Fashion Brands, and Food & Entertainment Venues and frequented daily by Influencers, Celebrities, and Tourists. Fairfax Village is a "Placemaking Location".
Fairfax is also home to Dave’s Hot Chicken, Supreme, Jon and Vinny’s, Sweet Chick, Badmaash, Hall Of Fame, Cofax Coffee, Prime Pizza, RIPNDIP, Zak, FourToFour, Dolls Kill, Crooks & Castles, Fairfax High School and the famous Canter’s Deli! The property also sits just a couple blocks north of CBS studios, the famous LA Farmers Market Shopping Center, and The Grove. West Hollywood is a few minutes up Fairfax, Beverly Hills a few minutes west on Beverly Blvd.
This restaurant is a “Billboard” and “Brand Building” location like no other, not only due to its prime location and the neighborhood, (it also includes a Type 47 ABC License permitting full alcohol service to 1AM Sun To Thursday, and 2AM Friday & Saturday), but also due to the facility’s extensive buildout that can be repurposed and utility which can accommodate a wide range of dining and entertainment concepts that includes 2 Walk Ins, one in the kitchen, the other dedicated for beverages, a full production and service kitchen with 21 ft. Of Type 1 Hoods, Type 2 Hood in Dishwash Station, 3 x 2 basket fryers, 4 Burner Stove/Oven/griddle, Grill, 2 x Griddles, Grease Interceptor, (Extensive Included FF&E List Available), CCTV and Audio/Video Systems, POS System, 3 ADA bathrooms, Managers Office, Secure Liquor storage, and Two (2) full bars each with 2 wells for 4 total stations. The Premises seats 150+ and its entire 50’ glass Storefront opens 180º via electrically operated controls.
See the 360° 3D Virtual Tour by clicking Here or cut/paste this link in your browser: https://my.matterport.com/show/?m=oAt476HC31d&mls=1
The property has its own rear 8 space rear parking lot, 1000 gallon grease interceptor, two rear loading entries, 4 tankless water heaters, and 600 amp 3Ø electrical service.
Key Highlights & Features Include:
* Type 47 ABC License Included, CUB Permits Sun-Thu till 1am, Fri & Sat till 2AM
* Entire 50 ft. of Storefront Windows Open Fully (Electrically Operated)
* Plug and play adaptable for many types of concepts
* Heart Of Iconic Street Where Influencers, Celebrities, And Tourists Frequent
* Convenient delivery app location (1-3 mile radius) by key high income areas
* Irreplaceable Rooftop Illuminated Pylon Sign
This destination location currently rents for: $17,510/Mo. w/ 3% annual Increases, Monthly NNN are paid and managed directly by tenant, no management fees. Term expires 4/30/25 plus 1 x 5 Year Option, Landlord open to extending Term.
This well laid out unit was remodeled in 2016 and can accommodate almost any concept, perfect for an operator whose expanding additional locations; seeking a "Brand Building" location; or a national chain looking to penetrate it Brand into this lucrative market and captured trade area.
