#6470
Santa Clara County

Restaurant for lease in Downtown Palo Alto near Stanford University

$
Available

restaurant for lease in downtown Palo Alto. Palo Alto is recognized as a global leader in cutting-edge technological development and is known as the "Birthplace of Silicon Valley.” University Avenue runs through downtown Palo Alto and has casual and upscale restaurants, plus well-known chain stores and independent boutiques. Lease amount is $25,000 + $3000 NNN. There is a type 1 hood and walk in cooler inside. Landlord is looking for high end cuisine operator with strong financials

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:

Santa Clara County

Lease Term:

Landlord will provide new lease

Total Monthly Rent:

$28,000

Operations

Hood System Type 1:

Yes

Facilities

# of Parking Spots:

street

Inside Sq. Ft.:

2,000

Highlights

can convert

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	17,384	153,237	183,719
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	7,579	55,169	67,533
2010 Persons Per Household	2.20	2.64	2.58
Median House Value	$1,000,000	$990,114	$927,681
Income Per Household	$122,473	$107,577	$105,742
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,313	5,513	6,699
2012 Number Of Employees	36,700	262,466	350,734
2012 Total Annual Payroll	$1,775,217,000	$4,294,967,295	$4,294,967,295

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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.