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Kalaveras - Type 47 ABC Lic Bar & Restaurant 383 W 5th St 2,848 SF Retail Building San Pedro, CA 90731 $3,936,389 CAD ($1,382.16 CAD/SF) 6.50% Cap Rate

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EXECUTIVE SUMMARY

LONG TERM SALE-LEASEBACK INVESTMENT
Featuring a new 10-year lease to be executed at close of escrow, ensuring a hands-off opportunity with an income stream for many years to come.
ABSOLUTE NNN LEASE STRUCTURE
A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
EXPERIENCED OPERATOR
Operator is a well-established and successful operator with ~40 years of restaurant experience, presently operating 9 locations.
STRATEGIC LOCATION
Positioned near major arterial routes including I-110 and I-710, providing great connection to Downtown LA, Long Beach, and the greater South Bay region, enhancing customer access and delivery logistics.
HEDGE AGAINST INFLATION
10% scheduled rental increases every five years provide for hedge against inflation and consistent rent growth.
NEARBY ANCHORS & ATTRACTIONS
Close to San Pedro Fish Market, Battleship USS Iowa Museum, Crafted at the Port, and the LA Maritime Museum, popular year-round destinations drawing locals and tourists alike.
DENSE RESIDENTIAL TRADE AREA
Over 209,706 residents within a 5-mile radius having an Average Household Income of $90,547, supported by a robust daytime workforce and steady demand from nearby offices and retailers.
FULL-SERVICE LIQUOR & EVENT LICENSED
Kalaveras operates as a vibrant Bar & Restaurant concept, fully licensed for full-service liquor and alcohol beverage operations, along with permits that support private events and off-site catering.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,848 SF
Building Class
B
Year Built/Renovated
1983/2019
Price
$3,936,389 CAD
Price Per SF
$1,382.16 CAD
Cap Rate
6.50%
NOI
$255,865 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C - Central Commercial E Sub
Frontage
71’ on W 5th St

AMENITIES

  • Restaurant
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Superior Grocers
Starbucks
Ono Hawaiian BBQ
Chase Bank
Bank of America
Citi
CrossFit
The YMCA
U.S. Bank
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7455-013-015
Land Assessment
$1,647,100 CAD
Improvements Assessment
$883,444 CAD
Total Assessment
$2,530,544 CAD
  • Listing ID: 38695956

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: 383 W 5th St, San Pedro, CA 90731

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