Listing Snapshot
| List Price | $750,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.13 acres |
| Year Built | 1962 |
| MLS # | 1152772369 |
| Status | Active |
| Days on Market | 86 |
About This Home
This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and highly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features above market annual rent escalations offering built-in inflation protection and above-market growth. The lease also does not include any renewal options, providing the new owner with future unilateral flexibility to dictate the long term plans with the property.
General Features
- Property Type
- CommercialSale
- Sub-type
- Retail
- Stories
- 1
- Parking Spaces
- 11
- Parking
- Common
- Zoning
- B-3
Interior Features
Exterior Features
- Construction
- Block
- Roof
- Other
Community Features
- Community Features
- Shopping
- MLS Area
- 3321
Map
Virtual Tour
View Virtual TourMLS# 1152772369 · BEACH
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