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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,525 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
KEY MONEY TRANSACTION - Please do not disturb employees or customers Extremely Rare coastal downtown Encinitas restaurant for sale. Existing buildout setup for gastropub type use with 18 beer taps, fully equipped kitchen, and city approved street/dining patio. Great conversion opportunity for an experienced hospitality operator to acquire a coastal restaurant and implement their own concept at a fraction of the time/cost. Downtown Encinitas offers a tight-knit supportive community that thrives on local business, with limited competition and significant barriers of entry. Sale includes all owned furniture, fixtures, equipment and leasehold interest. Tradename, concept, and menu will be excluded. Size: Approx. 1,525 SF + Patio Rent: Contact Broker Lease: New Lease ABC License: Contact Broker Asking Price: $375,000 Contact broker for more information.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Existing restaurant
- History of active alcohol license
- Located on main thoroughfare
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1038-1044 S Coast Hwy, Encinitas, CA 92024
- Tenant
- Description
- US Locations
- Reach
- Haynes, Terry Kay
- Services
- 1
- -
- Siesta Life- Encinitas Cannabis
- Other Retail
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Haynes, Terry Kay | Services | 1 | - |
| Siesta Life- Encinitas Cannabis | Other Retail | 1 | Local |
Property Facts
| Total Space Available | 1,525 SF | Year Built | 1970 |
| Property Type | Retail | Parking Ratio | 1.32/1,000 SF |
| Gross Leasable Area | 4,540 SF |
| Total Space Available | 1,525 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,540 SF |
| Year Built | 1970 |
| Parking Ratio | 1.32/1,000 SF |
Nearby Major Retailers
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1038-1044 S Coast Hwy
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