1154 N Highland Ave
Restaurant & bar
URBANLIME Real Estate is pleased to present the opportunity to purchase a second-generation restaurant and bar located on Highland Ave in the heart of Hollywood, CA. The space is 6,500 SF and features a full-kitchen, ABC Type 47 license, live entertainment and public dancing. The turn-key asset includes state of the art finishes and an extensive buildout.
The building is situated along one of the busiest thoroughfares in Los Angeles, near dozens of world renowned attractions. Operators will benefit from high traffic counts, easy access and excellent visibility.
Highlights
Size: 6,500 SF
Rent: $28,000.00
NNN: $3,250.00
8 Years Remaining on Initial Term
Lease Expires January 31, 2032
Two 5 Year Options Beginning in 2032 & 2037
ABC Type 47 License
CUP Allows for Live Entertainment and Public Dancing
Hours of Operation from 6am-2am daily
Turn-Key & Move-In Ready
State of the Art Finishes
Full Kitchen Infrastructure & Equipment
Standalone Property
Excellent Signage & Visibility
Key Money: $500,000.00
Seller Financing Available