Larchmont restaurant with successful tenant growing rent at double digit rate and additional upstairs studio apartment.
Double net percentage lease pays everything but taxes. 2018 rent running 20% above 2017 which was 13% above 2016.
Tenant in place since 2013, recently renewed 5 year lease. No remaining renewal options.
Gut renovation with state of the art kitchen in 2013.
50+ seat dining room along equally large bar lounge area plus dining for 25+ on outdoor patio .
Sale includes all top quality furnishings and kitchen equipment.
Larchmont NY population almost 17,000 with average household income over $200k, 84% have at least a college degree, Median Larchmont home sale price above $1 million.
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