Description
The subject property is a 1,566 square foot Tug Boat Fish & Chips Fast food restaurant located on a 15,300 square foot parcel which includes adjacent parking and driveway areas. The property is located in the city of Lemon Grove along Broadway Ave across from Aamco Transmissions, Brake Depot, and is surrounded by many restaurants and other miscellaneous Retail. The property has close proximity to the 94 freeway and 125 freeway. Private Fenced Yard. The property is currently leased to Tug Boat Fish & Chips Corp. Under a 15 year NNN lease which commenced in 2004. The lease include 9% rent increase every three years and one 5-year option to view. Tub Boat Fish & Chips Corp. is a multi unit operator with plans to expand.They currently have three location in the cities of Rancho Cordova, Orangevale, Yuba City and Lemon Grove.
Location
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Listing Agent: LILI QIAN Courtesy of: UNIVERSAL ELITE INC. The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 19th May, 2022 3:53 AM (UTC)
