Interested In This Property?
South Gate, California$140,000
MONTHLY GROSS: $35,000
MONTHLY RENT: $2,400
LEASE TERMS: 5+5
STORE SIZE: 2,800 SF.
OPEN HOURS: 8AM-10PM
REASON FOR SELLING: RETIRING, SAME OWNER SINCE 1992.
EXTRA INCOME: $1,000 CHECK CASHING.
NOTE: OLD OWNERS ARE RETIRING. DENSELY POPULATED
LATINO NEIGHBORHOOD. LOW RENT. POTENTIAL TO INCREASE INCOME
BY APPLYING FOR LOTTERY AND EBT.
USED TO MORE THAN $45,000/MO.
HAS BEER WINE LICENSE. NO MEAT.
OWNERS ARE MOTIVED TO SELL. MAKE AN OFFER.
NET INCOME: $6,500/MO.
ASKING PRICE: $140,000+INV.
South Gate, California
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