1221 19th St Local commercial 210 m² À vendre Sacramento, CA 95811 1 044 557 € (4 975,01 €/m²) Taux de capitalisation 6,42 %

Turton Commercial Real Estate is pleased to present for sale this centrally located stand-alone restaurant investment at 1221 19th Street, currently home to Midtown Sacramento’s beloved Sunny Side Restaurant. 1221 19th Street, herein referenced as “the Property”, is an approximately 2,260 square foot restaurant located in the heart of Midtown near the intersection of 19th and Capitol Avenue, surrounded by a bustling Midtown environment with neighboring restaurants such as Zocalo, Paesano’s, Mulvaneys, Chipotle, Jack’s Urban Eats, Alaro Craft Brewing, and more!
The restaurant is currently leased to Sunny Side Restaurant, a local favorite Asian American brunch attraction, whose current lease in place provides an investor with an attractive 6.48% in place return against the purchase price of $1,225,000. Sunny Side’s lease also provides an investor with attractive annual 3% increases throughout the remainder of the lease term, a passive triple-net lease structure, and remaining term of approximately 3.5 years, with a lease expiration of April 30, 2029. Upon lease expiration, the Tenant has two 5-year lease extension options set at Fair Market Value, with annual 3% increases remaining. As such, it is very likely this Tenant and their thriving restaurant will continue operations in the building for the next 13 years, providing reliable income to its next owner. Don’t miss this opportunity to own an extremely reliable investment in the heart of Midtown.