Deli-Huge traffic location-Heart of the Midway district-full kitchen

Are you looking for a Deli or restaurant space in the middle of the San Diego Midway district?

Here it is, the center itself is bustling, and the surrounding business/retail and residential areas are ideal for many different concepts.

Think Mexican, Chinese, Japanese, Thai or re-brand the existing high volume Deli to keep all of the goodwill built up here , the opportunities are wide open. 

Huge vehicle traffic everyday coming right to your doorstep. Location has good signage that faces the extremely busy road they are located on.

They are  just off of the Eight freeway, minutes from Ocean Beach, Point Loma, the Sports Arena, Kobey’s swap meet and the planned Midway Rising development that will be revitalizing the entire area.

Currently this thriving deli is delivering big money to the bottom line. The name will not convey but you can continue the Deli concept, just simply re-name the place!

You will see from their sales and income that this is an ideal location for a deli and/or many other restaurant concepts.

2023: As a deli they did $574,682 in sales for 2023 with bottom line net income of $158,530.

First Quarter 2024 had sales of $152,621 and bottom-line net income of $47,433.

For the full year 2024, they are on pace to do over 600k in sales. 

This is an asset type sale since the name and menu is not going to convey, but an easy re-branding keeps it rolling here. 

The Kitchen is large and will accommodate nearly any landlord approved concept.

There is a 12-foot hood system in place, a 9x7 walk in cooler, double fryer, large griddle, two cold prep tables, three door freezer, and much, much more, this kitchen is ready to PRODUCE!

There is currently a 41 license in place if you want to have beer and wine available for your concept.

If you don’t need the license the price will be the same and escrow will close much faster (25 days vs 90 days.)

The space itself is approximately 1825 sq feet with a large dining area and even a covered patio for some outside dining options.

The landlord is ready to do a brand-new lease, so this is a fantastic opportunity to get the lease you need to make this space work for you.

All in rent is expected to be 7486/month includes rent, CAM and water.

Base rent is a expected to be 3.00/PSF with NNN/CAM of 1.00PSF

Come by today to see if this the one you have been waiting on.

Demographics

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