Restaurant
Paris Bakery - Downtown West Palm Beach
212 S Olive Ave, West Palm Beach, FL 33401
Listing Price: $1,650,000
Investment Overview
This asset is structured as a Sale-Leaseback at below market rents. If an Owner/User wants the space it can be delivered vacant. The Seller has an established bakery and restaurant that has been in this location for over 10 years. The Sale-Leaseback opportunity is structured at a $35.00 net lease in a $40-$60 market for the same use in similar locations. This presents an opportunity to receive a modest return with the security of a personal guarantee backed by an established business with lots of upside in the future when renting the unit for much increased market rents in downtown West Palm Beach.
Paris Bakery - Downtown West Palm Beach
Investment Highlights
- Established bakery and restaurant business for over a decade located in Downtown West Palm Beach.
- The Seller is executing a five year lease with options at the time of the sale and will continue tp operate the business at a below market rent of $35.00 NNN.
- This asset is structured as a Sale-Leaseback at below market rents. If an Owner/User wants the space it can be delivered vacant.
Exclusively Listed By
Financing By
Listing Price: $1,650,000
Investment Highlights
- Established bakery and restaurant business for over a decade located in Downtown West Palm Beach.
- The Seller is executing a five year lease with options at the time of the sale and will continue tp operate the business at a below market rent of $35.00 NNN.
- This asset is structured as a Sale-Leaseback at below market rents. If an Owner/User wants the space it can be delivered vacant.
Investment Overview
This asset is structured as a Sale-Leaseback at below market rents. If an Owner/User wants the space it can be delivered vacant. The Seller has an established bakery and restaurant that has been in this location for over 10 years. The Sale-Leaseback opportunity is structured at a $35.00 net lease in a $40-$60 market for the same use in similar locations. This presents an opportunity to receive a modest return with the security of a personal guarantee backed by an established business with lots of upside in the future when renting the unit for much increased market rents in downtown West Palm Beach.
Exclusively Listed By
Financing By
