Property Description

Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $399,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.

Property Features