2nd Generation Restaurant Space @ 3858 Piedmont Avenue
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2nd Generation Restaurant Space @ 3858 Piedmont Ave. - High Traffic Location w/Below Market Lease! Type-1 Hood
RRC#5170
Asking Price: $75,000.00
Location: Alameda County
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: $4,686
Listing Description:
A turnkey restaurant space located 3858 Piedmont Avenue is now for sale on the busy and popular Piedmont corridor. This corridor is home to some of the Bay Area's top restaurants and is a dining destination hotspot. Not only does this location and street attract diners and shoppers alike, it is steps away from a Kaiser complex, new luxury apartments and an affluent neighborhood that surrounds this location. The Kaiser complex creates strong potential for lunch revenue as well as take out and delivery.
The below market lease will transfer to a qualified new tenant. There are more than seven years left on the term, with one five year option to extend. The lease rate is low for this street at just ~4600/month with annual increases of 3% or LESS for the remainder of the term.
The ~1200sf space has a Beer & Wine license and is fully equipped. It has a 10' Type 1 Hood, upgraded ADA bathroom, Fridge and Freezer Units, Deli Prep Top, a Tankless Water Heater, Seating for ~32, plenty of storage and much more. A full equipment list can be shared upon request.
Don't miss your opportunity to get into a turnkey restaurant space that has a fantastic lease on the coveted Piedmont Avenue!
RRC#5170
Asking Price: $75,000.00
Location: Alameda County
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: $4,686
Listing Description:
A turnkey restaurant space located 3858 Piedmont Avenue is now for sale on the busy and popular Piedmont corridor. This corridor is home to some of the Bay Area's top restaurants and is a dining destination hotspot. Not only does this location and street attract diners and shoppers alike, it is steps away from a Kaiser complex, new luxury apartments and an affluent neighborhood that surrounds this location. The Kaiser complex creates strong potential for lunch revenue as well as take out and delivery.
The below market lease will transfer to a qualified new tenant. There are more than seven years left on the term, with one five year option to extend. The lease rate is low for this street at just ~4600/month with annual increases of 3% or LESS for the remainder of the term.
The ~1200sf space has a Beer & Wine license and is fully equipped. It has a 10' Type 1 Hood, upgraded ADA bathroom, Fridge and Freezer Units, Deli Prep Top, a Tankless Water Heater, Seating for ~32, plenty of storage and much more. A full equipment list can be shared upon request.
Don't miss your opportunity to get into a turnkey restaurant space that has a fantastic lease on the coveted Piedmont Avenue!
About the Lease
- Rent
- $4,686.00 per month
- Lease Is NNN
- No
- Lease Terms
- 1-5 year options
Listing Info
- ID
- 2445147
- Listing Views
- 3
Business Location
Listing ID: 2445147 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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