Santa Clara County
Turnkey restaurant on University ave in Downtown Palo Alto
Restaurant for sale on University Avenue in Downtown Palo Alto. Perfect location. This is a busy, mixed commercial/residential area with many shops and restaurants on the main street and in the surrounding area. University Avenue enjoys substantial pedestrian and car traffic seven days a week. Stanford University and Stanford Shopping Center are closed. Household income in the area is high, and many working families in the area eat out frequently.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113
Lease
Facilities
Highlights
- Can convert
Financing
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.