1000 K St
Sacramento, CA 95814
Restaurant Opportunity in The Cosmopolitan · Property For Lease
Highlights
- Restaurant Bar Opportunity on a Prime Corner location in Downtown at 10th & K
- Assets in place including Full Liquor License are offered as a turn-key package- Contact Broker
- Space is 7,647sf with large high production Kitchen, a large Bar, dining areas and two fenced and licensed Patios
- Newly Renovated and Remodeled within the past 2years, nearly all new Furniture, Fixtures & Equipment in place
- Assumable Long Term Lease in place with favorable terms and two 5-year Options to extend
- Subdividing may be an option. May need to add an ADA restroom if split.
Property Facts
| Property Type | Retail | Year Built/Renovated | 1956/2017 |
| Property Subtype | Restaurant | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 31,688 SF | Cross Streets | 10th st. |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 31,688 SF |
| Year Built/Renovated | 1956/2017 |
| Parking Ratio | 2/1,000 SF |
| Cross Streets | 10th st. |
About the Property
Offering a Restaurant & Bar opportunity in a very desirable corner location at 10th Street & K Street in the Downtown "KAY" Entertainment District. Prime site within a few blocks of all major Event Venues, Hotels, Convention Center, Community Center, State Capitol,Crest Theater, and the Golden One Arena. The Restaurant is newly renovated and remodeled and is offered with assets package in place. The space is fully furnished and comes with a high volume production kitchen with capacity for catering and private events as well as dining. The ABC Type 47 Full Liquor License remains in place for purchase. This Restaurant has 7647sf of usable space with the current configuration. Subdividing may be an option. Occupancy (total space) 209 Including Banquet/Private Room for 40-50 + two Patios with approx 49 seats. Front Bar area opens onto K Street with expansive accordion doors, creating great sight lines for diners. There is an assumable favorable Lease in place with a term through until Dec 31 2031 with two 5-year Options to extend. Base Rent is $2.70sf with 2% annual increases. CAM/NNN charges are $.56sf based on $4,267/month.
- Bus Line
- Restaurant
