The 7,000 SF freestanding building currently occupied by the restaurant Saagar Fine Cuisine of India. The layout consists of ±5,985 SF of the first-floor restaurant space including dining area, full bar, kitchen, and banquet hall/dance floor (providing additional income). There is an additional ±1,015 SF downstairs for private dining and storage. includes the real property, all existing furniture, fixtures, and equipment, which greatly minimizes expenses for a restaurant user. The Seller has a type 47 liquor license which is available for purchase at market price.
The subject property is located in the business development of Newport Place which includes nearby businesses such as AT&T, 7-Eleven, Classic Qs Restaurant, MacArthur Dentistry, and more. The subject property is located in close proximity to California State Highway 73 (±173,000 VPD) and Interstate 405 (±279,000 VPD) with direct on/off-ramp access. Furthermore, the property is located approximately 1.5 miles from John Wayne Airport (SNA) serving over 10 million passengers yearly. The site is surrounded by a mix of retail and office buildings, generating consumer traffic to the subject trade area.
