#6240
Santa Clara County

Branded Boba tea store for sale in Milpitas near highway 237, 880

$198,000
Available
Branded Boba tea store for sale in Milpitas near highway 237, 880



ADD TO FAVORITE

Well-established franchise boba tea store. It's in a very busy plaza in Milpitas, California. There are lots of famous restaurants around. High foot traffic. The franchise fee is included.
 
*Famous franchise
*1600 SF
*Monthly rent $8893 including NNN
*One year left on lease plus (2) Five-year option
*All equipment included
*Inventory available
*Full training is provided once taken over
*Franchise transfer fee: $13,000
 
All information contained in this offering memorandum resulted from representations by the Seller. The listing agent, Elaine Chen Lic#02180957, will not verify the accuracy or completeness of any information. Sellers and Buyers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
 
This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is one year left + 5 yr option + 5 year option on lease
Total Monthly Rent:
$8,893

Facilities

# of Parking Spots:
shopping center
Inside Sq. Ft.:
1,600

Highlights

  • strong brand

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 71,405 112,997 202,754
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,241 30,854 53,960
2010 Persons Per Household 3.34 3.39 3.53
Median House Value $513,400 $533,951 $488,820
Income Per Household $95,437 $95,347 $83,571
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,080 2,445 3,330
2012 Number Of Employees 97,794 103,618 128,012
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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