FREESTANDING RESTAURANT IN MORENA DISTRICT
The Franco Realty Group is proud to exclusively present for sale and lease the Andre’s Restaurant located at 1235-41 Morena Boulevard. This is a supreme investment opportunity situated ideally in the Morena District, with close proximity to USD Campus, Upcoming Tecolote Road Trolley Stop and 180 + MultiFamily Development, 5-Freeway and more. The Restaurant is Turn-Key, complete with a Type 41 ABC License (Food, Wine & Beer). This is an excellent opportunity for an owner-user looking to own versus lease. The building consists of ~2,800 SF built out as restaurant space with a grease trap & hood as well as ~3,000 SF built out as a banquet hall that Andre’s uses for catering and event services. This is also suitable for an investor to add value through leasing the two buildings as restaurant / retail use where market rents are $2.00 – $2.50 / SF plus NNN.
Two Parcels with a Combined Lot Size of ~7,646 SqFt
Type 41 ABC License Included (Food, Wine & Beer)
APN: 436-201-06-00 and 436-201-07-00
75’-0” of Frontage along Morena Boulevard
One ~5,808 SF Building: Easily Divisible Back into One ~3,000 SF & One ~2,800 SF Retail Building
Seller’s Also Own the Business that has Been Operating Since 1983!!
Excellent Owner-User Opportunity for Restaurant Users Looking to Own Versus Lease
Opportunity for a Restaurant User to Occupy ~2,800 SF and Lease the Remaining ~3,000 SF
Large Billboard Signage to Promote Business or Add Source of Income
Excellent Investor Opportunity as Market Rents for Similar Properties are Strong
Surrounded by Large Multi Family Developments and a Future Trolley Stop Station
Centrally Located to Downtown San Diego, University of San Diego, Mission Bay & Sea World
Easy Access to the Interstate 5 & Interstate 8 Highways