Transaction Details
Sold
2 Blocks West of 405 Freeway
8,000 Square Foot Restaurant
Full Fixturized with Liquor
12,000 Square Feet of Land
Jon Paley Arranged Financing
15 Year Income Stream for Seller
We initially leased out the property to the eventual buyer who took the ram shackled restaurant “as is.” They proceeded to gut it inside and out and installed a new roof, HVAC, kitchen, electrical and even rendered the building ADA compliant. After it was determined both the owner and tenant would be better served in a sale of the property. Paley Commercial Real Estate structured a purchase on behalf of the buyer that proved to be profitable for both parties.