1015 9th St
Sacramento, CA 95814
Property For Lease

RESTAURANT FOR LEASE with use of the Furniture & Equipment. We are pleased to offer this opportunity to lease a fully built-out Restaurant & Bar within the heart of thriving Downtown Sacramento. This 4,100 sf +/- restaurant and bar enjoys a prime spot within walking distance to the Downtown Arena and is situated between the busy J Street corridor and “The Kay” dining district, an area which is home to many of the area’s most popular and successful restaurants and bars. The restaurant is within walking distance of entertainment venues including Cesar Chavez Park where the Downtown Association hosts a popular Summer Concert Series (1 block), the Sacramento Convention Center (3 blocks), and the new Golden 1 Center Downtown Arena (2 1/2 blocks). In addition to street parking, Garages and Light Rail are nearby. While this opportunity represents a very low cost of entry, the Buyer MUST be both experienced and well-qualified financially in order to qualify as a replacement tenant for this sought-after downtown location. The space is offered for Lease with the use of the equipment and furniture included in the rent. FACILITY: 4,100sf +/- occupying two levels (approx 2,800sf downstairs + 1,300sf loft/upstairs) and basement. Occupancy approx 150 Interior. No dedicated parking. RENT: Offered Rent at $1.71sf + approx $.25sf NNN = $7,000/mo base + $1,025/mo NNN = Total Rent $8,025/mo. If Tenant’s use requires an Entertainment Permit, the proposed rent shall be $2.00sf + NNN. TERMS: Offering 3-year initial Term with 3% annual increases and 5-year Option to extend at FMR. All permanently attached fixtures remain property of the Landlord, including the Hood System, Walk-Ins, Sinks, Bar and Bar Fixtures. The Furniture and Equipment within the premises is offered for sale @ $50,000 if desired. Request FF&E List for full details. Security Deposit is 3 Months’ Rent (deposit amount subject to change based on Tenant’s qualifications). No Tenant Improvement Contribution is offered.