Location, location, location. This newly constructed restaurant is in the heart of Hillcrest. If you are looking for a restaurant in San Diego your search needs to start here.
Hillcrest is literally the geographic center of the 8th largest city in the U.S.A. The demographics though are what drive the demand for restaurants to be in this area. The census shows over 30,000 residents with in one mile of the landmark “Hillcrest” sign and you guessed it, you could throw one of their delicious garlic knots and hit the sign from this restaurants front patio. Hillcrest is home to one the most densely populated communities in the city, all these customers are walking distance away.
Now is your chance to capitalize on this rare opportunity. This restaurant was professionally designed and built from a vanilla shell just a few short months ago. The owner paid cash for the build out and now needs out before the fruits of his labor can be realized. His loss is your gain, as this place could not be rebuilt for less than 300k! Save yourself the hassle and headache of building from scratch, this restaurant is absolutely turnkey.
Have you looked into getting a beer and wine license lately? Again the hard work is done, this location is already approved and the wine is flowing.
This truly is a beautiful restaurant with sales that are surging even in these tough economic times. The value will be obvious as soon as you walk through the doors of this very well received and reviewed local restaurant.
The restaurant has 2000 square feet inside and a nice outside front patio facing the main street in Hillcrest perfect for socializing. The base rent is an unbelievable 3200/month. The total rent is 4200/month including the CAM which includes four gated/reserved and highly coveted parking spaces. The current lease term expires in April of 2015 and two five years options are available.
Don’t miss your chance to own the restaurant of your dreams located in one of the most sought after areas in the city.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 31,997 | 191,819 | 530,192 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 17,827 | 96,767 | 214,897 |
2010 Persons Per Household | 1.70 | 1.84 | 2.33 |
Median House Value | $546,800 | $445,973 | $455,749 |
Income Per Household | $62,092 | $55,371 | $54,328 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 1,637 | 10,616 | 18,841 |
2012 Number Of Employees | 42,816 | 346,470 | 704,220 |
2012 Total Annual Payroll | $1,085,825,000 | $4,294,967,295 | $4,294,967,295 |
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