Chino Hills, CA 91709,15911 Pomona Rincon RD
Chino Hills, CA 91709,15911 Pomona Rincon RD
Chino Hills, CA 91709,15911 Pomona Rincon RD
Chino Hills, CA 91709,15911 Pomona Rincon RD
Chino Hills, CA 91709,15911 Pomona Rincon RD
Chino Hills, CA 91709,15911 Pomona Rincon RD
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$240,000

$268,000

10.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/26/2024

Key Details

Sold Price $240,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23155506

Sold Date 08/26/24

HOA Y/N No

Property Description

This restaurant is a rare find opportunity in the city of Chino Hills. Convenient location, Great location, Money Making location in THE RINCON of Chino Hills where is close to 71 FWY. The location currently offers eclectic menu with unique Vietnamese cuisine that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and foot traffic. Anchor tenants include Wendy's, 7 Leaves Cafe etc. 1643 sq.ft. spaces with 48-80 seat capacities, two restrooms and a large kitchen (500+ sq.ft.). Type 41 Beer&Wine license is included in the sales. City/County/ABC permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information.

Business Highlights: 
*Restaurant Name: Lemongrass Bistro, Established since 2019*THE RINCON of Chino Hills, Intersections of Soquel Canyon Pkwy & Pomona Rincon Rd*Lease expiration is April 20209 with one 5-year option, Annual Rent Increase 3%
*Current Lease Rate: $6379.77/month, CAM: $1,232.25/month
*Grease interceptor, big kitchen (500+ sq.ft.), Lots storage spaces, walk-in cooler & freezer
*Open Ceiling, Water Bar, Bright Natural Light Inside & Out, Huge plaza parking lot
*48-80 Seat Capacities, 2 Restrooms, Type 41 Beer&Wine license *3 full time & 14 part time employees, Monthly Payroll $10,000
*Business Asset Sale. Trade name may be included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.

Location

State CA

County San Bernardino

Area 682 - Chino Hills

Interior

Fireplace No

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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California Regional MLS (CRMLS)
Listed by ARTHUR HUANG • Pinnacle Real Estate Group • 626-833-1085
Bought with MAX HOO • Pinnacle Real Estate Group
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