7115 Beach Boulevard, Buena Park, 90620

Commercial - Retail For Sale

$3,988,000

Beds
Baths
Sqft
.86Acres
1970Built
328DOM
MLS® #: OC19106052
Active, 328 Days on Market

This building / Mediterranean Restaurant in Buena Park is an iconic restaurant/hookah lounge and banquet hall located in the heart of Orange County, CA. This location is approximately 9,150 Sq. Ft., including patio space. Recently Remodeled in 2005 and again in 2018 with permits and approvals from city of Buena Park (Please note the Property is for sale only, not the restaurant business). There is a little less than 5 years left on the lease at $20,000 / month with an increase of 2% annually. Approx. 5% Cap Rate. This investment is extravagantly built with imported goods, architecture, and decor. The restaurant also contains an equally luxurious and large patio area with water fall fountains, imported stone and an expansive seating area. Awarded numerous awards and recognition, this Mediterranean Restaurant is one of Orange County's premier venues for large private parties as well as a trendy hookah lounge restaurant. The restaurant has frontage plus prominent monument signage directly on Beach Boulevard and is situated on a highly visible pad in a Target anchored shopping center. Walking distance to "The Source Development" 450,000 sq. ft. of urban retail. This property is conveniently located in the Entertainment corridor right off Beach Boulevard exit on the 91 Freeway in Buena Park. The property's frontage on Beach Boulevard gives the site visibility to over 61,000 vehicles per day and is also close to Orangethorpe Avenue boasting an additional 31,000 vehicles per day.

Essential Information

MLS® #: OC19106052
Price: $3,988,000
Acres: 0.86
Year Built: 1970
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 7115 Beach Boulevard
Area: Buena Park (82)
City: Buena Park
County: Orange
State: CA
Zip Code: 90620

Interior

Heating: Central Furnace
# of Stories: 1

Exterior

Lot Description: 0-1 Unit/Acre

Additional Information

Date Listed: May 7th, 2019
Days on Market: 328

Listing Details

Listing Agent: Ramzi Rabbat(01863335)
Listing Office: Realty One Group West

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Listing information last updated on March 31st, 2020 at 9:31am PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2020 at 9:38am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.