Courtesy of: Kanchan Kumar, New Precision Realty, kvardan27@gmail.com
Courtesy of: Kanchan Kumar, New Precision Realty, kvardan27@gmail.com
$990,000
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Lot: 0.23 Acres
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Other
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$990,000
713-715 E LINCOLN Highway Please gave 6 hour prior notice to show property so tenants could be aware of showings. Newly Renovated Restaurants with long term leases. Fully operational and beautifully maintained located in a high-traffic area with strong local demand. Favorable leases- Restaurant A: Currently generating $3, 000/month Restaurant B: Currently generating $4, 000/month Total Monthly Income: $7, 000 Annual Income (2025): $84, 000 Projected Increase: Starting next year, both restaurants are expected to increase their monthly contributions by $1, 000 each: Restaurant A (2026): $4, 000/month Restaurant B (2026): $5, 000/month Total Monthly Income (2026): $9, 000 Annual Income (2026): $108, 000 Both restaurants are NNN leases. Owner has responsibility to pay Yearly Tax and Property Insurance. Every other expense- Like- Utilities, Sewer/Water, Cable TV, Trash is paid by tenants. This property comes with a rare bonus-a large private parking lot offering nearly 30 spaces, perfect for attracting steady customer traffic. With its prime Diamond Street location, buyers also have the exciting opportunity to expand and build a new store, unlocking even greater income potential.
Courtesy of: Kanchan Kumar, New Precision Realty, kvardan27@gmail.com
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