#1043
Area: San Mateo
Asking Price:$100,000
Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage)
NNN: $26,199/mo
Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage)
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage)
Percentage Rent: 5.5% gross sales
Rent Increase: Fixed Rent Schedule
Security Deposit: $56,889
Business Established: 2017
Seating Capacity: 124
Liquor License: Type 41
Parking: Parking Lot
Reason for Selling: Focusing on other ventures
Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
Focusing on other ventures
2 x 14 feet Type 1 Hood
Grease Trap Interceptor
2 restrooms, Office Space
#1043
Area: San Mateo
Asking Price:$100,000
Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage)
NNN: $26,199/mo
Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage)
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage)
Percentage Rent: 5.5% gross sales
Rent Increase: Fixed Rent Schedule
Security Deposit: $56,889
Business Established: 2017
Seating Capacity: 124
Liquor License: Type 41
Parking: Parking Lot
Reason for Selling: Focusing on other ventures
Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
Focusing on other ventures
2 x 14 feet Type 1 Hood
Grease Trap Interceptor
2 restrooms, Office Space
#1043
Area: San Mateo
Asking Price:$100,000
Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage)
NNN: $26,199/mo
Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage)
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage)
Percentage Rent: 5.5% gross sales
Rent Increase: Fixed Rent Schedule
Security Deposit: $56,889
Business Established: 2017
Seating Capacity: 124
Liquor License: Type 41
Parking: Parking Lot
Reason for Selling: Focusing on other ventures
Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
Focusing on other ventures
2 x 14 feet Type 1 Hood
Grease Trap Interceptor
2 restrooms, Office Space
If you are considering selling your business while it is still on track, wanting to open a restaurant in the California area please feel free to contact us!
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