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#6956
San Mateo County

Rare Restaurant Opportunity in Prime Peninsula Trade Area

$268,000
Available
Rare Restaurant Opportunity in Prime Peninsula Trade Area



ADD TO FAVORITE

Excellent opportunity to acquire a restaurant business in a desirable Peninsula location with strong visibility and convenient access. Positioned within an established commercial corridor, the area is surrounded by a solid mix of retail and food businesses, generating steady local traffic and strong exposure.

The space is approximately 1,280 square feet with an efficient layout suitable for a variety of restaurant concepts. Rear parking is available for added convenience.

Key Highlights:
• Approx. 1,280 SF
• Current base rent: $3,176/month + NNN
• Long-term lease in place with scheduled rent increases
• Rear parking available
• Located in a strong Peninsula trade area
• Suitable for a variety of food concepts, subject to landlord approval

This is an asset sale. All information is provided for general reference only and is subject to buyer verification. Buyers are advised to conduct their own independent due diligence regarding the business, lease, permits, and premises.

This is a Real Broker listing.
Commercial-restaurants-warehouse-gas stations Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Total Monthly Rent:
3176+NNN

Operations

Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
1,280

Highlights

  • can convert

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 22,514 109,709 247,318
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,995 39,147 86,992
2010 Persons Per Household 2.65 2.61 2.72
Median House Value $901,700 $828,871 $697,034
Income Per Household $88,451 $93,826 $86,338
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 500 3,736 7,426
2012 Number Of Employees 8,732 118,436 254,966
2012 Total Annual Payroll $139,420,000 $3,357,188,000 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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