12620 Westminster Ave — For Sale

Part of a Five Building (28 Units) Multi-Unit Business Park. - "One of a Kind" small unique property for Owner/Investor or Owner/User (DO NOT DISTURB TENANT). - OWNER/INVESTOR: Existing Tenant, i.e.,"Pad Thai", a Thai Restaurant, will sign a 60 month lease with new owner of condo unit @ 4.9% Cap Rate / NOI $25,480 / 3% Annual Increases (lease terms negotiable). - OWNER/USER: Option A - Condo unit sold with existing tenant; lease expires 10/31/19. Option B - Condo unit sold and restaurant business acquired also as a separate sale transaction. - OA Fee covers water, trash, maintenance of landscaping, driveways, parking areas, and replacement reserves for repairs/replacement of Capital Improvements. - Condo unit fronts on Westminster Avenue, i.e., "High Visibility", between Harbor Boulevard and Fairview Street. - Part of a Five-Building 100,000 SF Multi-Unit Business Park renovated in 2008. - Convenient access to 5, 22 and 57 Freeways.