Address Map

Country : US

State : Washington

County : King

City : Seattle

Zipcode : 98109

Street : South Lake Union

Street Number : xxx

Longitude : E0° 0' 0''

Latitude : N0° 0' 0''

Additional Information

Agent Name : Nathan Belo

ListAgentMlsId : 8503

ListOfficeMlsId : 907200

Property Name : NYC cuisine QSR

Market Area : Lake Union

Company Zip : 98133

Company State : WA

Company City : Seattle

Company Address : 10700 Meridian Ave N, Ste 505

# of Owners : 2

# of Part Time Employees : 3

Selling Office Commission : 5%

All Cash : Yes

Assignable : Yes

Beer/Wine License : No

Class H License : No

Commission Exclusions : No

Current Owner Years : 5

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Fixtures Equipment Detail : 250000

Gambling License : No

Includes Living Quarters : No

Inventory Included : No

Lease Expiration Date : 7/31/2029 12:00:00 AM

Leaseable Square Feet : 1421

Member Comments : Anderson Law & Escrow, PLLC.

Monthly NNN/CAM : 2164

Monthly Rent : 5276

Net Profit : 1599999

No Special License : No

Operating Hours : 11-9pm

Operating Information : Actual

Ownership Type : LLC

Parking Total : 0

Phone System Included : Yes

Professional License : No

Profit/Loss Years Avaliable : 4

Real Property : No

Renewal Option : Yes

Seating : 30

Seller Terms : No

TradeName : Yes

Use Discretion : Yes

Vicinity : South Lake Union

Year to Date Statement Available : Unknown

Yearly Operating Expense : 1

Yearly Operating Income : 1600000

extra_data/Asset Class : Food and Beverage

Property Description

NYC origin Quick Service Restaurant in South Lake Union. Apple just signed largest office lease since 2019 & Amazon nearby. Franchise $7,000 transfer fee. 8% royalty. 16′ type 1 hood, walk-in cooler, deep fryers.

Google Map

For Lease

xxx South Lake Union, Seattle, Washington 98109

Listing ID#692568

Basic Details

Property Type : Business Opportunity

Listing Type : For Lease

Listing ID : 692568

Year Built : 2020

Status : New

Office Name : Skyline Properties, Inc.

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BROKER INFO

Rene Orona

BROKER OF REAL ESTATE

rene.orona@coldwellbanker.com

BROKER OF REAL ESTATE

3380 146th PL SE Suite 300

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CONTACT BROKER

Skyline Properties, Inc.