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Price: $2,995,000 Denny’s 1150 South 7th Ave, Hacienda Heights,CA

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Presentation on theme: "Price: $2,995,000 Denny’s 1150 South 7th Ave, Hacienda Heights,CA"— Presentation transcript:

1 Price: $2,995,000 Denny’s 1150 South 7th Ave, Hacienda Heights,CA
Good morning Everyone! 16 unit non rent control built in 1987 2 one-bedroom one baths and 14 two-bedroom two-baths 30 subterranean parking spaces Street facing units have balconies Also includes: Adjacent Parcel owned as well and leased to jack in the box 30% of the income generated by this property is derived from the ground lease Corporate Guaranteed Ground lease gets 12% based on CPI in option period Intersection 35,000 Average Daily Traffic Price: $2,995,000 1

2 19,000 sq foot building with a 14,000 square foot lot
This building recently had one vacancy that has been re-leased at the same rent previously being charged. $1350 Quiet street even though near van nuys blvd Good street visibility and high occupancy area 2

3 Van nuys Blvd at hartland street has a traffic average daily count of 35,000 cars feeding the JITB drive through with consistent business Residents are close to the auto sales lots and the government center on Van nuys blvd Must drive by and see for yourself. See me for the address after the presentation. 3

4 HIGHLIGHTS CORPORATE DENNY’S LEASE SINCE 1968
Excellent Location off the 60 Freeway Freeway Signage Visibility 15% Increase Every 5 Years Next Increase on December 1, 2012 Adjacent to a Motel 6 & Chevron Gas Station 4

5 Re/Max Commercial & Investment Realty
Contact David Yashar Re/Max Commercial & Investment Realty For more information Please Visit 5


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