
Silver Dollar Pancake House | 710 E 6th St
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Silver Dollar Pancake House 710 E 6th St Local commercial 257 m² À vendre Corona, CA 92879 790 374 € (3 073,53 €/m²) Taux de capitalisation 6,70 %



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- $60,000 NOI, NNN Lease, Expiring 12/31/2027 with no options to renew.
- Tenant has ROFR to match any non-governmental offer.
- Private easement impacts the center of the property. See additional comments in Offering Memorandum.
- High visibility location one lot off corner of 6th & Grand, iconic, beloved property and business, tenant at location 40+ years.
- Tenant may consider selling business separately if an owner-user buyer is interested.
RÉSUMÉ ANALYTIQUE
Silver Dollar Pancake House presents a rare opportunity to acquire a fully leased restaurant property in the heart of Corona, California. Situated along the heavily traveled 6th Street corridor, the property bene?ts from prime street frontage, ample on-site parking, and proximity to the 91 and 15 Freeways.
The approximate ±2,768 square foot building sits on a generous ±0.57-acre lot and is currently occupied by a long-term tenant operating a beloved local restaurant. The tenant has been af?liated with the establishment for over 40 years and continues to lease the property under a NNN (Triple Net lease) structure at $5,000/month. The lease runs through December 31, 2027, with no options to extend and no built-in escalations. The tenant maintains a Right of First Refusal (ROFR) on any offers submitted, and there is a private drainage easement that runs in a south-north direction near the center of the property that can’t be built over, but can be used for parking.
The property generates $60,000 in annual net operating income and is offered at an attractive 6.70% cap rate. Zoned GC (General Commercial) within the Downtown Revitalization Speci?c Plan, the site’s mixed use - land use offers ?exibility for future repositioning or owner-user occupancy after lease expiration. Additionally, the tenant may be open to selling the business separately at an additional cost if desired by a future owner-user buyer.
With iconic branding, longstanding tenant history, and a high-visibility location in an evolving downtown district, this asset offers both stability and long-term potential.
The approximate ±2,768 square foot building sits on a generous ±0.57-acre lot and is currently occupied by a long-term tenant operating a beloved local restaurant. The tenant has been af?liated with the establishment for over 40 years and continues to lease the property under a NNN (Triple Net lease) structure at $5,000/month. The lease runs through December 31, 2027, with no options to extend and no built-in escalations. The tenant maintains a Right of First Refusal (ROFR) on any offers submitted, and there is a private drainage easement that runs in a south-north direction near the center of the property that can’t be built over, but can be used for parking.
The property generates $60,000 in annual net operating income and is offered at an attractive 6.70% cap rate. Zoned GC (General Commercial) within the Downtown Revitalization Speci?c Plan, the site’s mixed use - land use offers ?exibility for future repositioning or owner-user occupancy after lease expiration. Additionally, the tenant may be open to selling the business separately at an additional cost if desired by a future owner-user buyer.
With iconic branding, longstanding tenant history, and a high-visibility location in an evolving downtown district, this asset offers both stability and long-term potential.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Restaurant
Surface de l’immeuble
257 m²
Classe d’immeuble
C
Année de construction
1922
Prix
790 374 €
Prix par m²
3 073,53 €
Taux de capitalisation
6,70 %
RNE
52 986 €
Occupation
Mono
Hauteur de l’immeuble
1 Étage
Coefficient d’occupation des sols de l’immeuble
0,11
Surface du lot
0,23 ha
Zonage
GC, General Commercial - GC, General Commercial zoning, with land use classification of MU-1 (Mixed Use -1) within the Downtown Revitalization Specific Plan (Buyer to verify).
Stationnement
39 Espaces (151,66 places par 1 000 m² loué)
Façade
43 m le E 6th St
CARACTÉRISTIQUES
- Restaurant
- Climatisation
1 of 1
Walk Score®
Très praticable à pied (81)
PRINCIPAUX COMMERCES À PROXIMITÉ










TAXES FONCIÈRES
Numéro de parcelle | 117-302-003 | Évaluation des aménagements | 39 488 € |
Évaluation du terrain | 112 714 € | Évaluation totale | 152 201 € |
TAXES FONCIÈRES
Numéro de parcelle
117-302-003
Évaluation du terrain
112 714 €
Évaluation des aménagements
39 488 €
Évaluation totale
152 201 €
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Silver Dollar Pancake House | 710 E 6th St
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