5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is...

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5140 Sunset Blvd || Los Angeles, CA Bulk Asset Sale

Transcript of 5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is...

Page 1: 5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is pleased to present a unique restaurant opportunity in trendy East Hollywood. The current

5140 Sunset Blvd || Los Angeles, CA

Bulk Asset Sale

Page 2: 5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is pleased to present a unique restaurant opportunity in trendy East Hollywood. The current

Confidentiality Agreement

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from District Realty Group (“District”) and should not be made available to any other person or entity without the written consent

of District. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property (also referred to as the “opportunity”). The information contained herein is not a

substitute for a thorough due diligence investigation. District has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square

footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition of business prospects or any tenant, or any

tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, District has not verified, and will not verify, any of the information contained herein, nor has District conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

DISCLAIMER: BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO THE SELLER/OWNER OR SELLER/OWNER’S EMPLOYEES UNLESS OTHERWISE APPROVED, IN

WRITING, BY SELLER/OWNER OR DISTRICT. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.

Page 3: 5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is pleased to present a unique restaurant opportunity in trendy East Hollywood. The current

5140 Sunset Blvd || Los AngelesDistrict Realty Group is pleased to present a unique restaurant opportunity in trendy East Hollywood. The current restaurant, Paru’s Indian Vegetarian Restaurant, has been in operation for more than 40 years and has built a reputation as some of the best local vegetarian eats in the area. Located directly on Sunset Blvd, the restaurant has excellent street signage and is able to boast a free standing, single tenant building. With a large patio and open layout, this space offers a very versatile build out conducive to numerous restaurant concepts. The opportunity comes with an attractive below-market-rental-rate leasehold, TYPE 41 beer & wine license + CUP, and other FF&E.

Potential Business Upsides: Conversion to a new restaurant (quick serve or full service) / Bar

Page 4: 5140 Sunset Blvd || Los Angeles, CA · 5140 Sunset Blvd || Los Angeles District Realty Group is pleased to present a unique restaurant opportunity in trendy East Hollywood. The current

TERMSPrice | Negotiable

Starting Rent | $5,500/Mo (including NNN)

Term | 60 Months + One 60 Month Option

Size | 3,000 SF +/-

Licenses | TYPE 41+ Restaurant CUP

Availability | Negotiable

Use | Bar/ Restaurant / Retail

Equipment | Upon Request

FEATURESTurnkey Restaurant

Beer & Wine License

PRIME High Visibility Signage Opportunity

Dense Demographics

Up Tending Restaurant / Bar Neighborhood

Restaurant Available For The First Time in Over 40 Years

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MAP

Subject Property

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© 2017 District Realty Group. The information herein has been derived from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

EON I. LEWCEO & President

BRE: 01730294TEL: 213 769 6262

EMAIL: [email protected]

FOR MORE INFORMATION